Subsidy Tracker Individual Entry

Company: 
Skybus Airlines
Parent Company: 
Skybus Airlines
Subsidy Source: 
multiple
Location: 
Ohio
City: 
Columbus
Project Description: 

start-up airline

Year: 
2006
Major Industry of Parent: 
airlines
Specific Industry of Parent: 
airlines
Subsidy Value: 
$57,000,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
MEGADEAL
Source of Data: 

The subsidy details came from: Marla Matzer Rose and Paul Wilson, "Cash could ease airline's debut," Columbus Dispatch, September 22, 2006; and Brian R. Ball, "Skybus lands incentives as airlline preps for takeoff at Port Columbus," Columbus Business First, September 25, 2006.

Notes: 

The subsidy package included $16 million from the state (including an $8.3 million Job Creation Tax Credit); $14 million from the city; and $27 million from from the Columbus Regional Airport Authority ($4 million in direct aid and $23 million in infrastructure improvements). The airline started flying in 2007 and folded a year later. Overlaps with main Subsidy Tracker data: none.

Source Notes: 
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