American's $1.6bn investment

A continued investment in Los Angeles International Airport (LAX) with more than US$1.6bn committed over the next five years to improve Terminals 4 and 5 was announced last week by American Airlines and Los Angeles World Airports (LAWA).

American’s letter of intent that sets the framework for negotiation of a new 15-year lease agreement features airport improvement projects that would be made possible by the investment and would happen over the next seven – ten 10 years.

These include connection to the landside Automated People Mover (APM) train system, unifying passenger check-in and baggage claim areas, improving check-in facilities in T5 and centralising the T4 and T5 security checkpoint at the APM level.

The agreement also paves the way for American to receive additional gates as the continues to grow its operation and adds destinations.

American chairman and CEO Doug Parker said: “This investment will not only improve the customer experience but give our employees a better place to work while allowing us to continue to grow in the marketplace.

“We are committed to being the preferred airline at LAX, and we couldn’t do that without our 6,500 team members making sure our 225 flights a day get out safely and on time.”

www.aa.com

www.lawa.org

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