American, United reach agreement with City of Chicago on $8.5B O'Hare Airport overhaul

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American, United reach agreement with City of Chicago on $8.5B O'Hare Airport overhaul
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American Airlines and United Airlines on Friday announced support for extensive renovations at O'Hare International Airport, effectively allowing a major…

American and United first announced support for the $8.5 billion renovation of O'Hare International Airport, including the addition of a state-of-the-art Global Terminal, in 2018.American Airlines and United Airlines on Friday announced support for extensive renovations at O'Hare International Airport, effectively allowing a major rebuilding project to proceed, weeks after Chicago Mayor Brandon Johnson made key revisions to the construction schedule.

United also released a statement, saying,"We are pleased that Mayor Johnson and his aviation department have put forth a phasing plan that will ensure that TAP funds are first spent on the mission-critical portions of the program — the O’Hare Global Terminal and Satellite 1..." Both airlines previously pushed back against rising construction costs as they sought to ensure the new terminal wasn’t threatened by future budget issues, according to the Tribune. Amid tensions between different entities, Illinois Sens. Dick Durbin and Tammy Duckworth, as well as several members of Illinois' Congressional Delegation, sent a letter to the Department of Transportation in December 2023.

Feeling out of the loop? We'll catch you up on the Chicago news you need to know. Sign up for the weeklyThe completion date of the overall project, largely funded by city bonds from airline fees, was pushed back several years as a result of skyrocketing construction costs. The expansion is set to be finished in 2032, not 2026 as originally planned.

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