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Cincinnati offers relief and lease extensions as analysts predict airline recovery in 2007Cincinnati offers relief and lease extensions as analysts predict airline recovery in 2007
15-Jan-2007
US. Cincinnati/Northern Kentucky International airport’s decision to waive minimum annual guarantee (MAG) payments in 2007 and to extend all retail leases by two years will come as a relief to HMSHost, which operates the duty-free and duty-paid retail concession under a contract that will now expire on December 31 2011
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Cincinatti first cancelled MAG payments in 2006 to help retailers through a slump following route cuts by Delta Air Lines and the continuation of the initiative this year will allow........
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