Salem, the state capital of Oregon, is putting together public and private funds in hopes of attracting a new airline after Avelo’s exit from the West Coast left the community without a single commercial carrier.
The Statesman Journal reported this week that the city council of Salem voted to move $100,000 from the city’s general fund to its airport fund each year for three years. The money will go toward a minimum revenue guarantee for an airline that opts to serve Salem-Willamette Valley Airport, also known as McNary Field. The airport is owned by the City of Salem.
The organizations Travel Salem and Fly Salem successfully raised pledged amounts of $400,000 per year for three years, the newspaper reported, bringing the total available for a revenue guarantee to $1.5 million over three years…