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Charlotte airport secures US$2bn investment deal

American Airlines aircraft parked at Charlotte Douglas International Airport © American Airlines
American Airlines aircraft parked at Charlotte Douglas International Airport © American Airlines

American Airlines and other signatory carriers have secured a new 10.5-year Airline Use and Lease Agreement with Charlotte Douglas International Airport (CLT), approved by Charlotte City Council, paving the way for approximately US$2 billion in infrastructure investment.

The investment programme, known as CLT Beyond, will cover improvements to the terminal, airfield and key airport facilities. The projects will be funded by the airlines and are intended to support passenger growth, improve airport operations and enhance the travel experience.

Planned developments include an expansion of Concourse C to provide additional gates, upgrades to international arrivals facilities, airfield improvements and the modernisation of critical airport infrastructure. The programme will also include planning for the airport’s next phase of development.

The investment is expected to create jobs and business opportunities for small companies serving the airport, while providing capacity to support additional international air services.

The agreement runs from January 1, 2027, to June 30, 2037. It establishes a long-term framework between the airport, American Airlines and the other participating carriers to maintain Charlotte’s competitiveness and support its future growth.

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