Subsidy Tracker Individual Entry

Company: 
Aviall Services
Parent Company: 
Boeing
Subsidy Source: 
local
Location: 
Texas
City: 
Irving
County: 
Tarrant
Project Description: 

headquarters retention

Year: 
2001
Major Industry of Parent: 
aerospace and military contracting
Specific Industry of Parent: 
aerospace & military contracting
Subsidy Value: 
$145,000,000
Program Name: 
multiple
Awarding Agency: 
multiple
Type of Subsidy: 
megadeal
Source of Data: 

Evan Hoopfer, "Boeing subsidiary receives $73M incentive package to remain in DFW," Dallas Business Journal. March 28, 2019; online at https://www.bizjournals.com/dallas/news/2019/03/28/aviall-services-boein...

Notes: 

In 2001, Aviall Services, a Boeing subsidiary, moved its corporate headquarters to Dallas Fort Worth International Airport (technically to the town of Irving). At that time, the company received its first subsidy package valued at $72 million. In 2019, Irving, Dallas and Fort Worth city councils (Dallas and Fort Worth together own the airport), extended the deal to retain the company in the region; the company also promised to add 100 jobs. The 2019 package is estimated to cost $73 million between 2021 and 2031. Subsidy is in a form of rebates of 100 percent personal property taxes paid to Irving. No overlaps with other Subsidy Tracker data.

Source Notes: 
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