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City Council approves second five‑year tax exemption for Air Capital Flight Line (Spirit AeroSystems tenant)
Summary
The Wichita City Council approved a second five‑year, 100% ad valorem tax exemption for Air Capital Flight Line, citing capital investment and wage performance despite a shortfall in job targets amid industry disruptions. Spirit representatives said hiring and production are recovering.
The Wichita City Council on Oct. 7 approved a second five‑year extension of a 10‑year, 100% property tax exemption granted initially in 2018 to Air Capital Flight Line LLC, a development subleased to Spirit AeroSystems.
City staff told the council the project entailed roughly $18 million in capital investment and included a prior commitment to create 320 full‑time jobs averaging about $54,500 annually. Troy Anderson, assistant city manager, said Spirit exceeded…
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