Airports
Santa Monica Airport Lease Rates Would Skyrocket Under Commission Plan
The city could earn an additional $8.9 million a year by raising lease rates.
At the Santa Monica Airport Commission meeting on February 23, the commission sent recommendations to the city council to raise airport lease rates, remove a large section of the airport, limit aircraft according to their emissions outputs and eliminate long-term leases. (Photo: Matt Thurber)
At the Santa Monica Airport Commission meeting on February 23, the commission sent recommendations to the city council to raise airport lease rates, remove a large section of the airport, limit aircraft according to their emissions outputs and eliminate long-term leases. (Photo: Matt Thurber)

At the Santa Monica Airport Commission meeting on February 23, the commission sent recommendations to the city council to raise airport lease rates, remove a large section of the airport, limit aircraft according to their emissions outputs and eliminate long-term leases. According to the commission’s action plan, the city could earn an additional $800,000 per year by raising rent on non-aviation businesses and $8.1 million per year for aviation businesses; all airport leases end on June 30, 2015.


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