6/25/2010

A $2 billion renovation project at Dallas/Fort Worth International Airport will likely mean higher costs for both airlines and passengers, according to airport officials, but it should also bring more nonstop flights to international destinations. To pay off the construction debt, parking and concession revenues will need to double over the next 10 to 15 years, while airline costs such as landing fees and rental charges also will increase. DFW chief executive Jeff Fegan says the airport already has reached a tentative, 10-year lease agreement with American Airlines, which is responsible for 85% of traffic.

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