Press release from the Redwood Region Economic Development Corporation:
The Redwood Region Economic Development Commission announced today that negotiations with American Airlines for a revenue guarantee agreement have been deferred into the future to allow more time for all parties to come to an equitable agreement in advance of the start of service. The parties had been working towards the goal of starting service this June, and American had begun to take reservations for flights from ACV to LAX in advance of any signed contracts in order to capture summer travel customers in anticipation of an agreement. American Airlines will work with all customers who have been affected by the service change.
At this time, the parties will continue discussions with a goal of starting service next Spring. Should these discussions prove successful in the future, multiple agreements will need to be signed with the County Aviation Division, the Headwaters Fund and RREDC, a process that normally takes several months due to the public processes required.”