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Md. Board Authorizes Subsidy For British Airways

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Sep 11, 2008 8:33 am US/Eastern

Md. Board Authorizes Subsidy For British Airways

ANNAPOLIS, Md. (AP) ― The Maryland Board of Public Works has authorized an incentive that could persuade British Airways to continue operating at Baltimore-Washington International Thurgood Marshall Airport.

Under an agreement with the state, the airline would get the subsidy if the rate of return on sales falls below 8 percent. The state would pay up to $5.5 million per year for two years. State officials say the airline is being squeezed by fuel costs.

British Airways flies between BWI and London's Heathrow Airport.

(© 2009 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.)

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