Wednesday, February 06, 2019
FLASH!!! AIRLINES AGREE TO IMPOSSIBLE LOWER NEW KCI AIRPORT PRICE TAG!!!
Here's an evening news slide worth a peek for tonight . . .
Airlines serving KCI agree to costs of project for new, single-terminal airport
"A representative for Southwest Airlines, which is speaking for the other airlines, will tell city they have agreed to the costs of project at $1.5 billion, not the previously estimated $1.64 billion. The eight carriers serving KCI have told the city they are willing to pay for a new, single-terminal airport at KCI, and talks have been underway for months on the price the airlines are willing to pay. But several sources describe the $1.5 billon as “hard” number, implying that is as high as the airlines are willing to go."
More . . .
"This is fantastic news for Kansas City," Councilwoman Jolie Justus, chairwoman of the City Council's Airport Committee, said in a statement. "We thank the airlines for their hard work to solve some big issues and for coming to an agreement that the City Council can soon vote to approve."
KC Biz Journal fine print:
"The airlines operating out of Kansas City International Airport have reached an agreement among themselves on how they will split costs on the $1.6 billion single-terminal modernization project."
Fox4: After months of negotiations, airlines reach deal to fund new KCI single terminal airport
“Edgemoor has been working closely with both the airlines and KCAD to advance the single terminal project. We are in strong alignment, and look forward to beginning an exciting new chapter on this project,” said Edgemoor Project Manager Geoff Stricker.
The city council has held off on approving a development agreement until the airlines coalesced around the cost.
The details of the plan are expected to be released during the airport committee meeting scheduled for Thursday at 9:45 a.m.
Fact check . . .
KANSAS CITY CAN'T BUILD A NEW AIRPORT FOR THAT NUMBER!!!
And so . . .
TRANSLATION: NO DEAL!!!
So consider this "news" more of a weird flex by the airlines.
Developing . . .