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Council committee hears American Airlines base revitalization update, bond plan up to $500 million
Summary
Tulsa International Airport and American Airlines presented a multi‑year revitalization plan for American’s maintenance base and a related resolution to authorize up to $500 million in trustee revenue bonds to the Public Works Committee on a second‑reading report.
Tulsa International Airport officials and representatives from American Airlines presented a multi-year plan to revitalize the airline’s maintenance base in Tulsa and described a related city resolution to allow trustees of the Tulsa Municipal Airport Trust to issue revenue bonds in an aggregate principal amount not to exceed $500,000,000 for the “American Airlines Inc. Project.” Alexis Higgins, chief executive officer of Tulsa International Airport, told the committee American is “our largest tenant” and that the company “provide[s] critical air service to Tulsa” and is a decades‑long employer in the city.
The presentation explained that American’s overhaul program addresses aging infrastructure across a 3,300,000‑square‑foot maintenance campus spread over about 246 acres and 22 buildings. Mike Long, a project manager in American’s corporate real estate department, described…
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