DFW AIRPORT (WBAP/KLIF) – Dallas Fort Worth International Airport and American Airlines, on Tuesday, signed a new 10-year Use and Lease Agreement, which includes $4.8 billion in pre-approved capital investments – including the construction of Terminal F, the renovation of Terminal C and other significant modernization projects.
Dallas Mayor Eric Johnson, Fort Worth Mayor Mattie Parker, DFW CEO Sean Donohue and American Airlines CEO Robert Isom gathered at DFW today for a special signing ceremony of the Use and Lease Agreement, marking what local leaders call “a new era of growth and innovation” for the world’s second-busiest airport.
“We are very proud that Fort Worth-based American Airlines has signed this important agreement to cement DFW’s status as American’s main hub and help us continue to meet the incredible demand we are experiencing in North Texas,” Mayor Parker said. “Our region will become the nation’s third-largest metro region within the next 10 years, and it’s no surprise that we have the second-busiest airport in the world. Today’s agreement ensures DFW Airport is ready for the future and to continue serving as Fort Worth’s gateway to the world.”
As a growing, international city, Mayor Johnson said Dallas takes pride in its partnerships with DFW Airport and American Airlines.
“DFW Airport connects our community to the world and fuels economic growth throughout our region and state,” Mayor Johnson said. “We all recognize that North Texas is the place to be. Signing the new Use and Lease Agreement is one step to ensure our region remains well-positioned to thrive in the future.”
The Use and Lease Agreement is the main governing document between the airlines and the Airport and establishes the Airport’s business model. The agreement outlines DFW’s major capital projects over the next 10 years. The projects include 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.
In addition, the airport announced an estimated $1.63 billion for the construction of a new Terminal F, featuring a 15-gate concourse. Terminal F will include modernized baggage handling, expanded concessions and additional passenger gates to accommodate the growing demand for air travel.
The terminal expansions will deliver 24 additional gates to prepare American and other airlines for long-term growth at DFW. At the completion of construction, American will add new gates that are constructed in the Terminal A and Terminal C piers projects to its operating portfolio. The projects will also allow American to expand operations in existing terminals to maximize its operational capability and enhance the experience for connecting customers.
The airline said the new agreement provides American and DFW the opportunity to work together on additional capital projects throughout the term of the lease. The new Use and Lease Agreement replaces the 2010 agreement – which expired in 2020 and was extended during the pandemic – and maintains many of the same business arrangements as the prior version, which will provide certainty and cost predictability to support the continued growth of the airlines and DFW.
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