Hendricks County Flyer, Avon, IN

Westside

September 7, 2013

Indiana secures nonstop air service to San Francisco

(Continued)

INDIANAPOLIS —

The new service, which launches Jan. 7 from San Francisco to Indianapolis and Jan. 8 from Indianapolis to San Francisco, will provide travelers with connections from United’s largest West Coast hub to points throughout North America, Asia, Europe, and Australia.

“We are thrilled to offer customers new service between San Francisco and Indianapolis, one of the fastest-growing metropolitan areas in the country,” said Kate Gebo, vice president of corporate real estate at United. “The daily service will connect customers in Indianapolis to our largest gateway to the Pacific, where United offers more flights to more destinations than any other airline.”

The Indiana Economic Development Corporation (IEDC) will provide United Airlines with a minimum revenue guarantee, consistent with industry standards and United’s business model, during the term of the one-year agreement. To accomplish this, the IEDC allocated $1.5 million in a reserve fund, which represents the state’s maximum financial exposure. No payments from the reserve fund will occur as long as the market’s support for the nonstop route equals or exceeds the minimum revenue guarantee.

“Nonstop flights to San Francisco are a game changer for our tech community, creating new opportunities for Indiana companies to attract Silicon Valley venture investment, talent, and strategic partnerships,” said Dorsey. “Thanks to Gov. Pence and Secretary Smith for their bold leadership and the commitment of United to make this long-needed link between Indianapolis and San Francisco a reality.”

 

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