Gary Jet Center Sues Gary/Chicago International Airport Authority | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.29.24

Airborne-NextGen-04.30.24

 Airborne-Unlimited-05.01.24 Airborne-AffordableFlyers--05.02.24

Airborne-Unlimited-05.03.24

Wed, Sep 30, 2015

Gary Jet Center Sues Gary/Chicago International Airport Authority

Says The Airport "Unilaterally" Quadrupled Its Rent

Gary Jet Center, a tenant at the Gary/Chicago International Airport, has filed a lawsuit against the airport authority and its private operator over a rent dispute.

The FBO claims that the airport authority "quadrupled" its rent unilaterally, and the lawsuit seeks a permanent injunction against the authority's attempt to impose a 1.5 percent fee on tenant's gross revenues.

The Associated Press reports that the FBO manages three hangars and a passenger lounge at the airport. In the suit filed last Thursday in U.S. District Court, Gary Jet Center says that the airport authority and the private management company AvPorts cannot make such changes in the company's lease signed in 2007. That least, which runs through 2046, has the company paying 50 cents per square foot and an additional 10 percent fee on revenues.

AvPort has managed the airport since 2014.

FMI: www.garyjetcenter.com, http://www.avports.com/cfiles/airports_gyy.cfm

Advertisement

More News

ANN's Daily Aero-Term (05.02.24): Touchdown Zone Lighting

Touchdown Zone Lighting Two rows of transverse light bars located symmetrically about the runway centerline normally at 100 foot intervals. The basic system extends 3,000 feet alon>[...]

Aero-News: Quote of the Day (05.02.24)

“Discovery and innovation are central to our mission at Virgin Galactic. We’re excited to build on our successful record of facilitating scientific experiments in subor>[...]

Aero-News: Quote of the Day (05.03.24)

"We are reaching out to you today on behalf of the Popular Rotorcraft Association because we need your help. We are dangerously close to losing a critical resource that if lost, wi>[...]

ANN's Daily Aero-Term (05.03.24): UAS Traffic Management (UTM)

UAS Traffic Management (UTM) The unmanned aircraft traffic management ecosystem that will allow multiple low altitude BVLOS operations and which is separate from, but complementary>[...]

ANN's Daily Aero-Linx (05.03.24)

Aero Linx: Society of Aviation and Flight Educators (SAFE) SAFE is a member-oriented organization of aviation educators fostering professionalism and excellence in aviation through>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne 05.03.24: Advanced Powerplant Solutions, PRA Runway Woes, Drone Racing

Airborne Affordable Flyers 05.02.24: Bobby Bailey, SPRG Report Cards, Skydive!

Airborne 05.01.24: WACO Kitchen, FAA Reauthorization, World Skydiving Day

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC