A220 incentives detailed

MOBILE, Ala. - Details are emerging on incentives that will be offered to Airbus as it builds a new A220 passenger jet assembly line, including $4 million in cash from the city and an equal amount from Mobile County. That $8 million, plus tax abatements and fee waivers, is spelled out in a project agreement on Tuesday's Mobile City Council agenda. While the council will have the option of immediate action, normal procedure will be for it to lay the measure over for a week's consideration before voting. Meanwhile, a county spokesperson confirmed the Mobile County Commission will consider its approval of the measure this Thursday for a presumed vote at its regular meeting on Jan. 14. The cost of the project is $210 million and the new line will employ more than 400 workers. Airbus already builds A320 jetliners at the Mobile Aeroplex and will begin construction on the A220 line this month. (Source: al.com, 01/07/19) Previous