American Airlines signs DFW Airport lease deal that includes money for a new, 6th terminal

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American Airlines signs DFW Airport lease deal that includes money for a new, 6th terminal
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Dallas-Fort Worth International Airport is one step closer to having a long-planned new terminal.

FILE - In this March 31, 2020 file photo American Airlines planes are parked at Pittsburgh International Airport in Imperial, Pa. Shares of American Airlines are falling on word from the carrier that first-quarter profit could be below Wall Street expectations. American said Wednesday, April 12, 2023 that it expects to earn between a penny and 5 cents per share for the quarter that just ended.

The $1.63 billion new Terminal F would include 15 gates. The deal also calls for $2.72 billion to renovate Terminal C and add nine gates in “piers” that will extend from terminals A and C. American will control those gates. The work is designed to prepare Fort Worth-based American for the expected growth in air travel. DFW is theThe sixth terminal at DFW has long been planned but was delayed by the pandemic, which caused air travel to decline sharply for two years. Air travel has recentlyAmerican's new lease and airport-use agreement replaces one that expired in 2020.

American and its American Eagle partners control more than 80% of the airport’s traffic, with runner-ups Spirit Airlines and Delta Air Lines each carrying about 4% of DFW passengers, according to government figures through March. Copyright 2023 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed without permission.

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