Further updates: Sacramento County has offered Virgin American incentives of up to $400,000 to begin service SMF-LAX (up to $250,000 in cash, up to $150,000 in "other incentives).

SMF is also entering negotiations that would lead to opening up to two hotels: "Sonnenblick... the sole company to respond to the airport's request for proposals, proposes building 200-room and 132-room hotels at the airport by the end of 2014, both a few steps from terminals A and B."

Standard and Poor still rates SMF's overall outlook as stable, in spite of the $950 million debt; SMF has been attempting to become more efficient in its operations, but is obviously hoping to enhance revenue by attracting more flights (and raising rates for other services, such as parking).

Read more here: http://www.sacbee.com/2012/04/11/440...#storylink=cpy