With two Citation Xs, a Gulfstream V and Gulfstream 550 each flying about 800 hours annually, fuel flowage fees provide another valuable source of revenue.
The new 20-year lease agreement, with three 10-year options, continues a steady stream of rent from Deere to the airport. The 70,400-square-foot complex replaces a smaller facility the company had occupied at the airport since 1980 and stands as a concrete example of the long-term partnership between the local manufacturing giant and MLI. Since last October, Quad City International Airport (MLI) in Moline, IL has been home to John Deere's new $15 million corporate aviation facility.
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