American Airlines Signs 10-Year Use and Lease Agreement with DFW

Dark/Light Mode (19/05/23)  American Airlines has signed a 10-year Use and Lease Agreement with Dallas Fort Worth International Airport (DFW), which includes $4.8 billion in pre-approved capital investments, including the construction of Terminal F, the renovation of Terminal C, construction of gate expansions at Terminal A and Terminal C, and other significant modernization projects.

The new Use and Lease Agreement replaces the 2010 agreement 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 American and DFW.

The new agreement includes the following significant projects:

- An estimated $2.72 billion for the expansion of the Central Terminal Area, including a major reimagining of Terminal C, gate expansions extending from Terminal A and Terminal C, and significant upgrades to roadways and terminal access.

Infographic highlighting American Airlines at DFW

- An estimated $1.63 billion for the construction of a new Terminal F, featuring a 15-gate concourse.

- The terminal expansions will deliver 24 additional gates to prepare American and DFW for long-term growth.

At the completion of construction, American will add new gates in the Terminal A and Terminal C piers 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.

“American is proud to call North Texas home, and DFW is our largest hub and a central gateway to our extensive international and domestic network,” said American’s CEO Robert Isom. “American has led the growth that has propelled DFW to become the second busiest airport in the world and we are thrilled to finalize a new lease agreement and capital plan that sets the stage for American, DFW and the North Texas region to continue to grow for years to come. We value our longstanding relationship with DFW and are grateful to Mayor Parker, Mayor Johnson, the DFW Airport Board and Sean for their continued partnership.”

Approximately 85% of the passenger traffic at DFW is customers of American Airlines, with about two-thirds of American’s customers connecting through DFW to access the airline’s global network.

American’s creation of a “connection factory” at its largest hub has provided significant benefits to the North Texas community, providing access to more than 240 nonstop destinations out of DFW operated by American.

DFW is also home to several of American’s alliance partners, creating a seamless travel experience for customers connecting between partner airlines at DFW.

The new Use and Lease Agreement also reinforces American’s commitment to North Texas, which is home to nearly 35,000 of the airline’s employees at the airport and on American’s 300-acre Robert L. Crandall Campus in Fort Worth.

The campus is home to American’s headquarters and is designed to support its global operations and team members. American recently opened its 600-room Skyview 6 Hospitality Complex, the newest facility on campus that hosts staff visiting for training.

American is not only a massive economic engine to the Dallas-Fort Worth region, but throughout the state of Texas. American’s total economic impact to Texas is more than $42.7 billion annually, and the airline employs more than 36,000 people across the state. Additionally, American’s operation in Texas contributes to a total employment impact of more than 365,000 jobs in the state.

“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 DFW Airport CEO, Sean Donohue. “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.”

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