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EDCO Reachs Financial Goal


Economic Developoment for Central Oregon reaches the $350,000 goal to bring a non-stop flight between Redmond and L.A.\

 

Here's their press release:

 

 

 

 

Airline Travel Bank between RDM and LAX Successful in Raising $350,000 in Pledges

American Airlines extends deadline to March 22nd to collect payment

 

 

BEND, OR – March 15, 2013 - Economic Development for Central Oregon (EDCO) is pleased to announce that they have met the $350,000 goal in pledges for the Airline Travel Bank (ATB) by today’s required deadline. Thus far, $81,000 has been collected in checks and other payments. The pledge initiative is a key element in establishing direct service between Redmond Airport (RDM) and Los Angeles Airport (LAX) by American Airlines.   

 

“This is great news,” said Roger Lee, Executive Director of EDCO.  “It demonstrates to American Airlines that Central Oregon as a region is highly supportive of the proposed service, especially given the small window to make it happen.” 

 

Lee went on to say that commitments on the final day of the initiative pushed past the $350,000 goal, in part because of a late groundswell of grassroots outreach and press coverage.  

 

“I can’t express how proud we are of how the Central Oregon region—our residents, businesses, cities, counties, chambers of commerce, and visitors’ associations—responded to this opportunity,” said Lee.  “The response should give American great confidence in the use of this flight if launched.”  

 

In terms of the process to finalize the American Airlines service, Lee noted that the next course of action for EDCO is to contact all those who made a pledge and collect payments, either by credit card or check. Payments must be received by Friday, March 22nd.   

 

Service between RDM and LAX could start as soon as early summer on a 50-seat commercial jet operated by SkyWest. The daily flight is proposed to leave RDM in the morning and return from LAX in the evening.  If Central Oregon’s support package is accepted, American will make any announcements that include exact timing of flights. 

 

For those delivering checks:

EDCO’s Bend office is located at 705 SW Bonnett Way, Suite #1000, Bend Oregon, 97702.  The closest intersection to the office is Columbia and Colorado (the former site of Robby J’s Bistro).  

 

About Economic Development for Central Oregon

Economic Development for Central Oregon (EDCO) is a private non-profit corporation founded over 30 years ago and dedicated to building a vibrant and thriving regional economy by attracting new investment and traded-sector jobs (manufacturing, professional, headquarters and high technology businesses) through marketing, recruitment and substantive assistance to existing companies. Learn more about EDCO at www.edcoinfo.com.  


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