State sells five surplus aircraft, reduces deficit $3.5 million

Governor Rauner announced the sale on Tuesday, August 25.  The sale marked the successful conclusion of one of the Governor’s policy initiatives, which implemented his campaign promise to ground much of the State’s former “shuttle fleet” that used to carry public-sector executives back and forth between Chicago and Springfield. In April 2014, the former administration tried to sell nine of the State’s planes, but no legitimate buyers met the set minimum bids for three of the largest aircraft.  The Rauner administration re-priced and successfully re-offered the planes for disposal. The series of sales netted $3.5 million for State taxpayers - $2.5 million for the planes and $1.0 million in unneeded, foregone maintenance and operations costs.