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Subcommittee forwards eight airline lease-and-use agreements for San Francisco International Airport
Summary
The Budget & Finance Subcommittee recommended approval of eight lease-and-use agreements at San Francisco International Airport — covering passenger and cargo carriers for the July 2011–July 2021 term — and heard a fiscal analysis showing a projected annual rental revenue reduction of $735,008.82 tied to two carriers reducing space.
The Budget and Finance Subcommittee moved to forward a resolution approving eight additional airline lease-and-use agreements at San Francisco International Airport to the full Board of Supervisors for final action.
Kathy Wagner of the airport Told the committee the leases use the same terms as 31 leases approved previously and would run from July 2011 through July 30, 2021. She named the carriers proposed for new agreements as Air Canada, Air New Zealand, Lan Peru, Air Berlin,…
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