Austin approves $5.5M incentive deal for 2,000 Southwest Airlines jobs
Key Points
- 1Austin greenlit a $5.5 million incentive package for Southwest Airlines.
- 2The deal is expected to create 2,000 new high-paying jobs for the airline in Austin.
- 3New positions will average $180,000 annually, significantly boosting the local economy.
- 4Southwest Airlines will deepen its operational presence at Austin-Bergstrom International Airport.
Austin city council officially approved a significant incentive package for Southwest Airlines. The deal, valued at up to $5.5 million, is designed to facilitate the creation of approximately 2,000 new high-paying positions within the airline's operations in the city. This strategic investment aims to bolster Austin's economic development and strengthen Southwest's operational footprint at Austin-Bergstrom International Airport (AUS). The new roles are projected to offer an average annual salary of $180,000, significantly contributing to the local economy. This agreement underscores Austin's commitment to attracting and retaining major employers, particularly those in the aviation sector which provides substantial economic benefits. For Southwest Airlines, the incentive package supports its continued expansion and deepening presence in a key market, reflecting the airline's long-term strategy for growth and operational efficiency in Texas.
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