Posted in Politics

St. Joe gamble pays off with Southwest Airlines

   July 3, 2012


Remember when Southwest Airlines was looking in 2009 for an airport in Northwest Florida? The carrier chose Panama City because the St. Joe Co. agreed to pay Southwest Airlines up to $26 million for any losses incurred for locating to the Northwest Florida Beaches International Airport site – which was built on land donated by St. Joe.

Yesterday, that deal was terminated by both parties. John Wheat, the airport’s executive director, said St. Joe did not have to put up any of the $26 million.

The gamble paid off for St. Joe.

Read more.

Share:

Rules for Comments

Your comments are welcomed, but there are some rules to follow:

(1) Be Nice. No comments that slander another, no racism, no sexism, no personal attacks.

(2) No Harrassing Comments.

(3) No Libel. That’s saying something is not true about someone. Don’t do it.

(4) Keep it clean. Nothing vulgar, obscene, or sexually related. No profanity or obvious substitutions.

(5) I reserve the right to remove any comments that violate our rules or are inappropriate. I am not responsible for what is posted. Comments may not appear right away until they are approved by a moderator.

(6) Limit your comments to the subject in this story only, and limit comments to 1,500 characters or less. Do not post copyrighted material. Comments will not be added to stories that are over five days old.

(7) No posts may advertise a commercial business, political candidate, or political group. Links in a comment aren’t allowed.

8) Commenting too many times may result in your comments not being allowed. Readers will begin to ignore your views.

9) Email me if you believe a comment violates any of these rules, and it will be deleted.