Thursday, July 12, 2012

Airbus incentives OK'd

MOBILE, Ala. -- Mobile's city council and county commission approved incentives for Airbus worth $29 million. The aircraft maker is building an A320 assembly line at Brookley Aeroplex, and the state and Mobile Airport Authority have pledged $129.5 million. The county and city contribution brings the total to $158.5 million. The bulk of the county's and city's incentives, $10 million each, will be payable over the next five years. (Source: Mobile Press-Register, 07/12/12)