Tulsa Vision 2025: January 2007 Archives
I was happy to read that, for the first time in six years, AMR, parent of American Airlines, Tulsa's largest employer, turned a profit in 2006, $231 million on revenue of $5.39 billion.
It's funny to think, back in 2003, Tulsans were told that American Airlines needed our tax dollars in order to keep their maintenance facility in Tulsa. We voted to tax ourselves over 13 years to give AA $22.3 million.
Compare that number to AMR's annual revenues: It's only 0.4% -- four thousandths -- of AMR's 2006 revenue. That gift to AA was the equivalent to giving $200 to someone who makes $50,000 a year. It's not nothing, but it's a drop in the bucket, not even two days' revenue.