Charlotte Leaders Approve New 10.5-Year, $2 Billion Airport Lease

Charlotte City Council votes 8-2 to approve new airlines lease at Charlotte Douglas

CHARLOTTE, N.C. – Charlotte City Council voted 8 to 2 Monday night to pass the new airline lease agreement at Charlotte Douglas Airport. The 10-and-a-half-year deal runs from January 2027 through June 2037, with a five-year extension option. The deal locks in $2.1 billion for terminal and airfield upgrades. That’s more than four times the 2016 agreement. It also updates gate-sharing rules and maintains a 55-to-45 percent revenue split between th…

Charlotte leaders approve new 10.5-year, $2 billion airport lease

CHARLOTTE (QUEEN CITY NEWS) -- What has been described as an economic lifeline for the Queen City is here to stay for another ten years. Charlotte's City Council voted to renew the airport lease agreement during its business meeting on Monday night. The agreement will maintain American Airlines' hub at Charlotte Douglas. The agreement, which [...]

Charlotte City Council approves 10.5-year airline lease extension after controversy

Charlotte Leaders Approve Historic $2.1 Billion Airport Expansion Deal

Charlotte City Council has just approved a historic $2.1 billion airport expansion deal that keeps American Airlines anchored at Charlotte Douglas for another decade. Council approved the new Airline Use […]