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Board tables update to air‑carrier incentive policy after FAA rule changes; staff to circulate draft
Summary
Staff proposed revising a 2006 incentive policy to reflect FAA policy allowing staff to advise entities offering revenue guarantees and to permit waivers of rents/fees up to 24 months; the board voted to table the item until members can review the draft.
Airport staff presented proposed revisions to the airport’s air‑carrier incentive policy on Thursday to reflect recent FAA policy changes and to clarify what staff may do when a third party offers a revenue guarantee to an airline.
Don Dawn, airport staff, said the revised policy retains existing tools such as rent and fee waivers and adds language permitting staff to advise another entity that provides a…
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