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Committee approves transatlantic incentive supplement, proposes $3 million annual cap
Summary
The committee approved advancing a proposed transatlantic air‑service incentive supplement that would cap incentives at $3 million per year, limit any single airline to $2 million per year, and make targeted third‑year funding conditional on specific routes meeting criteria.
The Indianapolis Airport Authority Finance and Audit Committee voted to advance a proposed transatlantic air‑service incentive supplement that staff will take to the full board for consideration in October.
Staff presented data showing strong early performance of the Aer Lingus Dublin flight and described a proposed supplement that would provide up to $3 million per year to attract new year‑round transatlantic routes, with no single airline eligible for more than $2 million per year. Staff said the proposed program would be capped at $3 million per year for two years and that a third year of support could be extended for specific routes…
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