Two more Iowa cities will be added to the list of those being served byfledgling airline AccessAir, if state financing comes through. AirlineC-E-O and president Roger Ferguson met with Iowa legislative leaders lastweek to discuss the possibility of a ten-million dollar loan to add twoplanes.The Des Moines-based airline now has two jets that are flying routes betweenIowa’s capitol city, the Quad Cities, New York, Los Angeles and Peoria,Illinois. Ferguson says Sioux City and Cedar Rapids will be added to thelist once existing routes are bolstered along with one new city out west.Ferguson is asking the State of Iowa for a 3-million dollar loan in July,with up to 7-million more in installments that’d be repayed with interest by2006. He is unsure if the state loan will fly.Legislators say IF the money is loaned to AccessAir, it’d come from theunderground storage tank fund. It currently has 135-million dollars in itand is collecting 18-million dollars in interest every year.
