Cincinnati Airport Considering Rental Fee to Pay for Facility

HEBRON, Ky. --- Rental companies at the Cincinnati/Northern Kentucky Airport could be pinning a $3.75 daily surcharge to the cost of renting a car if the airport moves forward with a payment plan for a consolidated facility at the Hebron complex, the Kentucky Post reported.

The three-phase project is expected to cost $60 million. There is currently a 6 percent state sales tax and a 3 percent usage fee that goes to Northern Kentucky tri-ED, the nonprofit economic development corporation for the region.

In addition, car companies pay back to the Tri-ED a 9 to 11 percent assessment on the car-rental price for general infrastructural maintenance related to the business, according to the newspaper report.

Dale Huber, airport deputy director of aviation, told the Post that the airport collected $5.8 million for the general fund between September 2004 and August 2005.

According to the report, airport officials plan on recommending the additional charge to the Kenton County Airport Board at an Oct. 17 meeting.

The first phase of the project, which would house the airport’s seven rental companies, is slated to break ground in 2007.

Comment On This Story

Name:  
Email:  
Comment: (Max. 10000 characters)  
Please leave blank:
* Please note that every comment is moderated.

 
 

Newsletter: Sign up to receive latest news, articles, and much more.

Read the latest

Auto Focus Blog: A blog covering fleets, auto rental and the business of cars

Car Rental Rates Up, Fleet Sales Down — Correlation?

Car rental companies’ recent fleet discipline is needed now more than ever.

Hertz, Avis Autonomy Partnerships: Good First Steps on a Long Path

Two new autonomous vehicle project partnerships bring the importance of fleet management to the fore.

An Inside Look at Car Rental in China

A trip to a new car rental convention in Guangzhou reveals a booming market, yet one facing unique challenges.

Job Finder: Access Top Talent. Fill Key Positions.

>