Subsidy Tracker Individual Entry
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...
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.