Mississippi Administrative Code
Title 6 - Economic Development
Part 1 - Financial Resources
Chapter 20 - Mississippi Air Service Growth Program (MASGP)
Rule 6-1-20.27 - Seat Guaranty
Universal Citation: MS Code of Rules 6-1-20.27
Current through September 24, 2024
The Applicant may seek from MDA a guaranty of the number of seats constituting the difference between the air service provider's required seat block commitment and what the Mississippi Entities can commit to purchase or guarantee (hereinafter "Seat Guaranty"). A Seat Guaranty is a Category 1 grant and therefore cannot be paired with a Revenue Guaranty or a Cost Mitigation grant.
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