Global airline creates up to 150 jobs, invests $3.5 million
FLORENCE, Ky. (April 18, 2013) – Lt. Gov. Jerry Abramson today joined company and local officials in Northern Kentucky to participate in a ribbon-cutting ceremony for Southern Air’s new global headquarters, which will create up to 150 jobs and an initial investment of $3.5 million in the project.
“Northern Kentucky has a talented aviation community, and we know Southern Air will enhance that reputation and grow the talent here even more,” said Lt. Gov. Jerry Abramson. “We’re excited to see 150 jobs and an initial investment of $3.5 million, and we welcome Southern Air’s headquarters to the commonwealth.”
Founded in 1947, Southern Air serves a customer base that includes some of the world’s largest intercontinental air cargo carriers and government agencies. Southern Air is the first ACMI (Aircraft, Crew, Maintenance and Insurance) operator in the world to operate the fuel efficient Boeing 777 Freighter and currently operates four such aircraft on an around-the-world basis for global express delivery provider DHL Express.
“We have relocated our corporate headquarters to Northern Kentucky, where we will be even better positioned to grow profitably, deliver the highest quality services to our global customers, and meet and exceed their air cargo needs,” said Daniel J. McHugh, CEO of Southern Air. “With this relocation, we look forward to building on our strong partnership with DHL Express at its main U.S. hub at the Cincinnati/Northern Kentucky International Airport.”
The Kentucky Economic Development Finance Authority preliminarily approved the company for tax incentives up to $2.7 million through the Kentucky Business Investment program. The performance-based incentive allows a company to keep a portion of its investment over the term of the agreement through corporate income tax credits and wage assessments by meeting job and investment targets.
“Southern Air’s arrival in northern Kentucky has elevated our community to new heights,” said Gary Moore, Boone County Judge-Executive and chairman of the Northern Kentucky Tri-County Economic Development Corp.(Tri-ED). “The impact this global cargo carrier brings in concert with DHL’s presence is immense and will have a beneficial ripple effect on the local economy. We sincerely thank Southern Air for its confidence and investment in northern Kentucky.”
For more information on Southern Air, visit www.southernair.com.