‘It fits into our mission and our goals': MTD approves $20,000 for Willard Airport [Yahoo! Finance]
American Airlines Group, Inc. (AAL)
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Source: Yahoo! Finance
Wednesday night, the Champaign-Urbana Mass Transit District agreed to chip in. The airport already got half a million from the U of I. Their goal is $1 million. The MTD board of trustees voted to put $20,000 toward the airport's plan at their meeting tonight. Members say they're now joining Champaign, Urbana, Savoy, and the Champaign County board who have already put money into the bucket. It's all help to cover the minimum revenue guarantee for leisure travel. MTD said it took several conversations and meetings to make the decision, but ultimately they agreed it falls in line with the company's mission for greater mobility. Savoy's Willard Airport looking for community help in expanding operations “While MTD isn't directly related to the airport, the airport is absolutely critical mobility option in our community and an economic driver and so that's all important to the district,” said Karl Gnadt, MTD Managing Director. The money is coming from MTD's local transportation re
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AAL
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- 5/3/24 - Form 4
- AAL's page on the SEC website