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Delta Air Lines has extended its lease for the aircraft maintenance hangar at Cincinnati/Northern Kentucky International Airport (CVG) for another decade. The facility, located at 3318 Lincoln Road in Hebron, will remain under Delta's use until at least 2036. The agreement includes two additional five-year extension options, contingent on mutual consent from both the airport and the airline.
Candace McGraw, the outgoing CEO of Cincinnati Airport, described the lease as a "fabulous deal." This extension ensures that over 70 jobs will be retained at the hangar. The annual lease payment by Delta is set to increase significantly from $300,000 to $1.2 million. Additionally, Delta is committed to installing a new fire suppression system within the hangar.
Delta has operated this maintenance facility since 1988 when Cincinnati served as one of its hub airports. Although no longer a hub, Delta maintains an extensive network from CVG. According to Cirium data, in February alone, Delta offers more than 1,150 flights to various destinations domestically and internationally.
