United, American Agree to $8.5B O'Hare Overhaul on Mayor's Timetable

May 3, 2024, 08:45 PM

United Airlines and American Airlines have agreed with the City of Chicago on an $8.5 billion overhaul of O'Hare International Airport, the world's fourth busiest airport, as per Mayor Johnson's new timetable. This agreement, finalized on Friday and concluding months of negotiations, will allow for the construction of new terminals and other major enhancements. Mayor Brandon Johnson's administration played a crucial role in finalizing the terms, which include airline approvals over budget and project scope changes. The project had been stalled but is now set to proceed, marking a significant development in the expansion of the airport.