List Your Equipment  /  Dealer Login  /  Create Account

Deal Advances O’Hare Expansion

Tue March 15, 2011 - Midwest Edition
Construction Equipment Guide


CHICAGO — Chicago and two major airlines have reached a nearly $1.2 billion agreement that resolves many disagreements over the expansion of O’Hare International Airport.

That means construction of an additional runway can begin soon, though questions about timing of other planned work still must be ironed out.

Improving O’Hare will not only reduce flight delays and improve service, “it will ensure one of our busiest airports continues to thrive economically in the future,’’ Transportation Secretary Ray LaHood said.

United and American had filed a lawsuit accusing the city of violating a lease agreement giving airlines authority to approve expenditures for capital projects. Mayor Richard Daley said the airlines had reneged on a 2001 promise to help overhaul O’Hare, which is expected to have a final price tag of around $15 billion.

The March 14 statement did not break down how much of the bill each airline agreed to pay. Nor was it clear if the deal put the brakes on litigation. But American Airlines chief executive Gerard Arpey hailed the agreement, saying it takes into account economic realities.

Mayor-elect Rahm Emanuel, who has supported O’Hare expansion, welcomed the deal, calling it “a victory for the economic future of our city, our state, and our region.’’




Today's top stories

DOT Pauses 'Buy America' Provision to Provide Relief to Already Strained Industry

Pennsylvania Contractor Takes Delivery of First Doosan DD100 Dozer

Wirtgen Slipform Pavers Bring Numerous Innovations, World Premiere to bauma 2022

Granite Tackles California Congestion Issue With $700M '101 in Motion' Project

Blanchard Machinery CEO, President Joe Blanchard Passes at Age 60

Alabama's Bank Independent to Build $60M, Four-Story Muscle Shoals Complex

Hitachi's Sam Shelton Retires After 27 Years With Company

Former Owner of Highway Equipment Company Dies, 84








ceg-logo ceg-logo ceg-logo ceg-logo ceg-logo
39.04690 \\ -77.49030 \\ Ashburn \\ VA