Breaking News Bar
updated: 10/9/2013 8:49 AM

Struggling Illinois airport again posts loss

hello
Success - Article sent! close
 
Associated Press

MASCOUTAH -- A southwestern Illinois airport that has never turned a profit since opening with great fanfare 15 years ago continues to lose money.

The Belleville News-Democrat reports an audit shows the St. Clair County-owned MidAmerica St. Louis Airport last year suffered a $3.8 million loss. That's despite boosting revenue by $2.2 million from additional capital funding from the Federal Aviation Administration and the state.

Order Reprint Print Article
 
Interested in reusing this article?
Custom reprints are a powerful and strategic way to share your article with customers, employees and prospects.
The YGS Group provides digital and printed reprint services for Daily Herald. Complete the form to the right and a reprint consultant will contact you to discuss how you can reuse this article.
Need more information about reprints? Visit our Reprints Section for more details.

Contact information ( * required )

Success - request sent close

The airport near Mascoutah got $5.6 million in county money to subsidize its operations. That brings to $28.7 million the county has funneled into the airport over the past five years.

J.W. Boyle & Co. auditors anticipate the county will continue to subsidize the airport "in the near future."

MidAmerica has struggled since opening in 1998, and critics persistently have labeled it a $330 million boondoggle.

Share this page
Comments ()
Guidelines: Keep it civil and on topic; no profanity, vulgarity, slurs or personal attacks. People who harass others or joke about tragedies will be blocked. If a comment violates these standards or our terms of service, click the X in the upper right corner of the comment box. To find our more, read our FAQ.
    help here