ALLETE donates retired jet to LSC program

Friday, July 06, 2018

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ALLETE Inc. (NYSE: ALE) today announced it is donating a retired corporate jet to Lake Superior College’s Aviation Maintenance Technology program. Donation of the 1981 Hawker 700, the largest donation LSC’s aviation program has ever received, comes just one day ahead of this weekend’s Duluth Airshow. 

ALLETE purchased the used jet in 1998 and used it to conduct company business. ALLETE operates in 50 states through its five companies: ALLETE Clean Energy; Minnesota Power; U.S. Water; BNI Energy; and Superior Water, Light and Power. The jet is no longer flyable because of upcoming federal aviation standards, but its engines, air frame and other equipment are intact and well-suited for training and workforce development purposes. 

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Category: Investors