Dallas/Fort Worth International Airport (DFW) and American Airlines have signed a new 10-year use and lease agreement, which includes $4.8 billion in pre-approved capital investments for i the construction of Terminal F, the renovation of Terminal C and other significant modernization projects.
The use and lease agreement is the main governing document between the airlines and DFW, and outlines major capital projects during the next decade, including an estimated $2.72 billion for the expansion of the Central Terminal Area, including a major reimagining of Terminal C, “pier” expansions off Terminal A and Terminal C, and significant upgrades to roadways and terminal access.
It also includes an estimated $1.63 billion for the construction of a new Terminal F, featuring a 15-gate concourse and state-of-the-art facilities and amenities, including modernized baggage handling, expanded concessions and additional passenger gates to accommodate the growing demand for air travel.
All told the terminal expansions will deliver 24 additional gates to prepare American and other airlines for long-term growth at DFW. The new use and lease agreement replaces the 2010 agreement – which expired in 2020 but was extended during the pandemic. The projects allow American to expand operations in existing terminals to maximize its operational capability and enhance the experience for connecting customers.
“The Use and Lease Agreement not only creates a predictable and equitable business model for DFW Airport, but it also underscores the commitment of the airport and our airline partners to provide passengers with the best possible travel experience,” said Sean Donohue, CEO of DFW. “Our partnership with American Airlines, our largest airline, is stronger than ever. With the support of Robert Isom and the American team, we are making investments that set the stage for the airport of the future – one that prioritizes innovation, customer experience and sustainability.”