Originally Posted by Acco
New terminal approved for low-cost airlines
City of Austin has approved the lease between Austin-Bergstrom International Airport
and General Electric Commercial Aviation Services LLC
for the construction, operation and maintenance of a low-cost airport terminal.
The 30-year lease is for 40 acres at the south end of the airport at a rate of 22 cents per square foot plus a percentage of net revenue.
The new terminal will serve "ultra-low-cost" airlines including a new Mexican airline vivaAeroBus, which has agreed to fly between Austin and five Mexican destinations. The airlines fares range as low as $5 to $30
. The airline is aiming to operate flights by Thanksgiving.
I find these air fares not believable.