Tail Gunner Joe
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Continental plans $50 million expansion at Hopkins, source says
Wednesday, September 12, 2007 Henry J. Gomez and Susan Vinella
Plain Dealer Reporters
Continental Airlines is expected to announce plans Friday for enlarging its hub at Cleveland Hopkins International Airport - an expansion that's likely to create hundreds of jobs and pump millions of dollars into the region's economy.
Airline executives declined to talk about the deal Tuesday. But a source familiar with the plans said they will deliver the news to Mayor Frank Jackson and others at a City Hall meeting on Friday morning.
Jackson's office would neither confirm nor deny the meeting, but State Rep. Matt Dolan, who earmarked $1.5 million in the state budget to aid potential Continental growth, said he has been invited to the City Hall meeting and was told the gathering concerned the airline.
I'm just assuming it's good news," the Republican from Russell Township said.
Gov. Ted Strickland's office reported Tuesday that the governor also will be speaking with the airline's executives Friday morning in Cleveland.
State officials, worried that Continental would choose instead to grow at its Newark, N.J., or hometown Houston hubs, dangled $16 million in financial incentives to land the project.
Continental has offered few details about its plans. But in documents filed with the Ohio Department of Development, the airline said the $50 million expansion would bring an unspecified number of new flights to Hopkins and create more than 700 jobs.
Cleveland is the Midwest base for Continental, which as of March had more than 2,000 employees here. The airline is Hopkins' largest carrier.
This year, Continental asked Ohio to help fund the expansion, which would include construction of new ticketing and passenger reception areas. The state responded with a $16 million combination of grants, loans, tax credits and hiring services
More at:
http://www.cleveland.com/plaindealer/stories/index.ssf?/base/cuyahoga/1189586490312150.xml&coll=2
Wednesday, September 12, 2007 Henry J. Gomez and Susan Vinella
Plain Dealer Reporters
Continental Airlines is expected to announce plans Friday for enlarging its hub at Cleveland Hopkins International Airport - an expansion that's likely to create hundreds of jobs and pump millions of dollars into the region's economy.
Airline executives declined to talk about the deal Tuesday. But a source familiar with the plans said they will deliver the news to Mayor Frank Jackson and others at a City Hall meeting on Friday morning.
Jackson's office would neither confirm nor deny the meeting, but State Rep. Matt Dolan, who earmarked $1.5 million in the state budget to aid potential Continental growth, said he has been invited to the City Hall meeting and was told the gathering concerned the airline.
I'm just assuming it's good news," the Republican from Russell Township said.
Gov. Ted Strickland's office reported Tuesday that the governor also will be speaking with the airline's executives Friday morning in Cleveland.
State officials, worried that Continental would choose instead to grow at its Newark, N.J., or hometown Houston hubs, dangled $16 million in financial incentives to land the project.
Continental has offered few details about its plans. But in documents filed with the Ohio Department of Development, the airline said the $50 million expansion would bring an unspecified number of new flights to Hopkins and create more than 700 jobs.
Cleveland is the Midwest base for Continental, which as of March had more than 2,000 employees here. The airline is Hopkins' largest carrier.
This year, Continental asked Ohio to help fund the expansion, which would include construction of new ticketing and passenger reception areas. The state responded with a $16 million combination of grants, loans, tax credits and hiring services
More at:
http://www.cleveland.com/plaindealer/stories/index.ssf?/base/cuyahoga/1189586490312150.xml&coll=2
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