CHICAGO (AP) — Federal officials say the city of Chicago and two major airlines reached a nearly $1.2 billion agreement that resolves many longstanding disputes with the carriers over the further expansion of O’Hare International Airport.
The U.S. Department of Transportation announced Monday the deal will allow the construction of one additional runway to begin soon.
In a statement, American Airlines CEO Gerard Arpey says the sides crafted a plan “that recognizes the turbulent conditions of (the airline) industry.” But he adds talks on the timing of other construction will continue.
United and American had filed a lawsuit accusing Chicago of violating a lease agreement giving airlines authority to approve construction expenditures. Chicago Mayor Richard Daley countered that the airlines reneged on a 2001 promise to help see through the overhaul of O’Hare.
