The City of Colorado Springs has received contributions totaling $6 million to attract new flights and airlines to its airport, the Colorado Springs Gazette reports.
Contributed by the Anschutz and El Pomar foundations and part-time Colorado Springs resident and philanthropist Lyda Hill, the gifts will support the Aviation Enhancement Fund, which was developed by the Air Service Task Force, a panel formed in 2013 by then-Mayor Steve Bach to persuade airlines to offer more flights at lower fares to more destinations at the airport, where passenger traffic has been declining. To be managed by the Pikes Peak Community Foundation, the fund will help airlines pay some of the costs of new air service, such as leasing gates and ticket counter space, as well as advertising and marketing expenses.
"We certainly feel there will be results [from the fund] in the near and intermediate term," said task force chairman and El Pomar Foundation CEO Bill Hybl. "Anything we do will be graduated and linked to the frequency of flights, the size of the aircraft, and affordability of the fares."