business

Small airports gamble with revenue guarantees

By ALAN SCHER ZAGIER • Modified: November 13, 2012 at 10:31 pm • Published: November 14, 2012

Road-weary travelers forced to drive two hours to St. Louis or Kansas City to catch big-city flights were ecstatic when Delta Airlines announced plans to expand service at a regional airport in central Missouri.

University of Missouri officials in Columbia, where the airport is located in the heart of the state, eagerly awaited the new Columbia-Atlanta route. Their excitement was short-lived.

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