Air Flight Safety Academy Suspends Operations - KTEN.com - No One Gets You Closer

Air Flight Safety Academy Suspends Operations

Posted:

GRAYSON CO., TX - The Air Safety Flight Academy, which is fairly new to the North Texas Regional Airport, has temporarily suspended operations. The company made the announcement Tuesday.

In 2009 the flight school received incentives from Sherman, Denison and Pottsboro, which included money up-front to help off-set the expense of moving in. The company's memo noted that it is reliant upon about $2 million dollars from the Chinese and Air Safety Flight Academy relies heavily on international students training at the airport.

Tony Kaai, President of the Denison Development Alliance, said his organization will be looking at the flight school's whole program and what the issue is - whether it is a cash flow issue and go from there. That could mean the cities involved looking for a return of incentives and cash. That much is in the incentive agreement contract, Kaai said, but he remained hopeful that the flight school can work through the difficulties this tough economy produces.

KTEN News

 

  • Texoma HeadlinesMore>>

  • Officials: Hunt County DA hits, kills crossing guard

    Officials: DA struck Texas crossing guard who later died

    Authorities in a small North Texas town want state officials to investigate after a vehicle driven by the county's district attorney struck and fatally injured an 87-year-old school crossing guard.

    More >>

    Authorities in a North Texas city want state officials to investigate after a vehicle driven by the county's district attorney struck and fatally injured an 87-year-old school crossing guard.

    More >>
  • TCOG chief under pressure to resign

    TCOG chief under pressure to resign

    Susan ThomasSusan Thomas

    SHERMAN -- The future of Dr. Susan Thomas, executive director of the Texoma Council of Governments, was a hot topic at Tuesday's meeting of the Grayson County Commissioners. TCOG now has to pay a nearly $1 million settlement to the agency's former finance director, who was let go after a conflict with Thomas.

    More >>

    SHERMAN -- The future of Dr. Susan Thomas, executive director of the Texoma Council of Governments, was a hot topic at Tuesday's meeting of the Grayson County Commissioners. TCOG now has to pay a nearly $1 million settlement to the agency's former finance director, who was let go after a conflict with Thomas.

    More >>
  • Panel: Oklahoma should maintain execution moratorium

    Panel: Oklahoma should maintain execution moratorium

    OKLAHOMA CITY (AP) -- A commission that's been conducting a review of Oklahoma's use of the death penalty says the state should extend its moratorium on capital punishment.

    More >>

    OKLAHOMA CITY (AP) -- A commission that's been conducting a review of Oklahoma's use of the death penalty says the state should extend its moratorium on capital punishment.

    More >>