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Committee sends airport lease amendments tied to Alaska‑Virgin merger to Board

San Francisco Board of Supervisors Budget and Finance Committee · November 13, 2019

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Summary

The committee recommended approval of two airport lease modifications: incorporation of former Virgin America terminal space into Alaska Airlines’ Terminal 2 lease and early termination of the Virgin America lease. Airport staff said Alaska will occupy additional exclusive and joint use space and estimated rent income of about $20.8 million through June 2021.

The Budget & Finance Committee advanced two related resolutions affecting terminal space at San Francisco International Airport following the Alaska Air–Virgin America merger.

Airport staff explained modification #1 to the 2011 lease with Alaska Airlines…

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