Gulfstream International Group (GIA) to Receive $8.5 Million in Federal Subsidies
The U.S. Department of Transportation (“DOT”) previously awarded Gulfstream International new two-year contracts as the Essential Air Service provider for the communities of Bradford, PA; DuBois, PA; Franklin/Oil City, PA; Parkersburg, WV; and Jamestown, NY. The company operates flights from all five cities to Cleveland. Today, Gulfstream International announced that it will receive $8.5 million in federal subsidies as part of the Essential Air Service Program. The federal funds were released under the Essential Air Service Program, which was instituted to ensure that small communities maintain a minimal level of scheduled air service. The DOT currently subsidizes commuter airlines to…