Airline’s Gate Utilization definition
Examples of Airline’s Gate Utilization in a sentence
In addition, the Authority may recover one or more of the Airline’s Gates and Related Terminal Area assigned as Airline Premises to be used as Per Use Gates if: (a) the Airline’s Gate Utilization for such preferentially assigned Gate(s) over the most recent one hundred eighty (180) day period is less than the Utilization Threshold; and (b) the CEO determines that there is a reasonable need for use of such Gate(s) on a common use basis.
If the Airline’s Gate Utilization does not meet or exceed the Utilization Threshold within one hundred twenty (120) days after the Initial Recapture Notice, the CEO will send the Airline a written notice (the “Final Recapture Notice”) terminating the Airline’s lease of the portion of its Airline Premises subject to reassignment as of the date specified in the Final Recapture Notice.