Airlines, Chicago Reach Deal On New Runway

By Andrew Compart.

United Airlines and American Airlines reached an agreement with the City of Chicago that enables the O’Hare International Airport expansion project to continue—including the construction of a new south runway—by divvying up nearly $1.2 billion in Phase 2 costs.

The deal, however, also defers a decision on a substantial portion of Phase 2 and on about $2.2 billion in additional ...

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