A. There shall be exempt from Sales or Use Tax under this City Tax Code:
1. Purchases of aircraft for use in interstate commerce by a commercial airline; or
2. Purchases of aircraft parts for use in interstate commerce by a commercial airline.
B. For the purposes of this section, the term "commercial airline" shall mean:
1. Any operator that engages in the carrying by aircraft of persons or property as a common carrier for compensation for hire, or the carriage of mail, and that, in material part, operates regularly from the City's Municipal Airport to more than one other destination and publishes a flight schedule; and
2. Any operator that maintains its headquarters within El Paso County, Colorado; and
3. Any operator that employs more than five hundred (500) full time employees within El Paso County, Colorado; or
4. Any commuter airline sponsored by and associated with a commercial airline as described above. (Ord. 95-155; Ord. 01-42; Ord. 19-21)