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Fly Humboldt reaches minimum revenue guarantee
EUREKA – Fly Humboldt has officially reached its million dollar minimum revenue guarantee, something it’s been working towards for months.
The guarantee is like an insurance policy that airlines like to have when they are coming into small communities. Fly Humboldt was hoping to reach the million dollar mark by the end of 2014, so they are off by just a few days. And though they have hit one million, it does not mean we will immediately see another airline come into the Arcata-Eureka airport. It does, however, make us more attractive to airlines looking to start up a new service.