Cincinnati waives MAGs to offset slump
Tina Milton
15-Mar-2006
US. Cincinnati/Northern Kentucky International airport is to waive minimum annual guarantee payments from retailers in 2006 to help them through the slump caused by Delta Air Lines' route cutbacks
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Retail sales have been hit hardest at Cincinnati's concourse B, where revenue has fallen by 35% compared with 2005. Since December Delta has reduced its flight schedule at Cincinnati by
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(4-Jan-2007) -
(8-Mar-2006) - Retailers at Cincinnati/North Kentucky International airport are to be given rent relief during 2006 to offset losses arising from cutbacks by Delta Air Lines
(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
(18-Oct-2001) -
(19-Nov-2004) - The US airport is to launch Requests For Proposals next week

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Cincinnati waives MAGs to offset slump