Terminal F has been paused since 2020 when the Covid-19 pandemic began. Now, it could be at the center of negotiations between the airport and airlines over new use agreements.
The request to the airlines comes amid a recovery for the travel industry. The major airlines have seen passenger demand boom, and fares have spiked. Fort Worth-based American Airlines Group Inc., the dominant carrier out of DFW, reported record revenue in the second quarter and a return to profitability. The airport itself has also experienced a turnaround,Earlier this month, DFW’s board of directorsfor fiscal 2023, representing a 13% increase from the current fiscal year.
American Airlines has more than 80% market share at DFW and stands to benefit from a new terminal. The carrier also has to ensure it grows in a cost-effective way, which means the project is almost surely at the center of the use agreement negotiations. While DFW can use Terminal F-related spending as a bargaining chip, the airport controls landing fees. During the budget discussions, Chief Financial Officersaid DFW does not plan to impose a rate increase on the airlines in the first quarter. However, he said the airport has scheduled a rate increase set to go into effect in January.
Brasil Últimas Notícias, Brasil Manchetes
Similar News:Você também pode ler notícias semelhantes a esta que coletamos de outras fontes de notícias.
CA Firm Seeks $27B for 9 Families Over May 24 Uvalde AttackA California law firm seeks a total of $27 billion from the Uvalde Consolidated Independent School District, Uvalde city leaders, and others.
Consulte Mais informação »
Walmart electric delivery vehicles from Canoo hit the roads of DFW - Dallas Business JournalJust weeks after signing an agreement to purchase 4,500 electric vehicles for its home delivery fleet, Walmart has begun deploying the Canoo vans. Here's where you might catch a glimpse of one.
Consulte Mais informação »
Stellar Service Brands, backed by MPK Equity Partners, moves headquarters to Uptown Dallas - Dallas Business JournalWith an eye toward talent attraction and retention, in addition to a deeper transportation network, MPK-backed Stellar Service Brands is uprooting its Waco headquarters for a new Dallas base.
Consulte Mais informação »
Florida-based Benihana opens a new location in Addison - Dallas Business JournalBenihana currently operates additional Texas locations in Austin, Southlake, Las Colinas, Highland Village, Addison Walk, Dallas and Plano.
Consulte Mais informação »