PSA Airlines, a regional carrier wholly owned by American Airlines, has announced the relocation of its headquarters from Dayton, Ohio, to Charlotte, North Carolina. This move is expected to bring 400 jobs to North Carolina, supporting an additional 470 jobs with local suppliers and businesses. The relocation will contribute $10 million in annual state and local tax revenue.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.