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Port Set to Waive Mexicana Airlines' Terminal Rent, Landing Fees

PORTLAND-The "Risk Mitigation Program" is intended to reward Mexicana for initiating the service and reduce its risk of loss during the first year of its new three-times-weekly passenger service between Portland International Airport and Guadalajara, Mexico.

By Brian K. Miller | Updated on April 07, 2003

PORTLAND-The Port of Portland is expected today to waive Mexicana Airlines’ terminal rent and landing fees at Portland International Airport for one year in support of the airline’s decision to initiate passenger service to and from Guadalajara, Mexico.

Recommended for the Port Commission’s approval at this week’s meeting, the “Risk Mitigation Program” is designed to assist Mexicana with their new three-times-weekly service by reducing their risk of loss during the first year of new operations. The program, which will cost the Port about $200,000 in income, also includes marketing assistance to promote the new service in Oregon and in Mexico.

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