Wednesday, November 04, 2015
American Airlines seeks $25 million in incentives for new Fort Worth headquarters
American Airlines is asking the Fort Worth City Council for a 15-year, $21.25 million tax incentive to build the $350 million corporate campus it plans on 300 acres west of Texas 360 next to American’s training and operations centers.
American (Nasdaq: AAL) also is asking the city to recommend the headquarters project for the Texas Enterprise Zone program. If approved, that state program could give the airline an additional $3.75 million in refunds on state sales and use taxes.
Bill Hethcock/Dallas Business Journal