Years after it was first announced, a major construction project at Chicago O'Hare Airport is now underway following plan agreements secured by the airport's two main carriers, United Airlines (Nasdaq: UAL) and American Airlines (NASDAQ:AL).
Station area The project, which was first announced in 2018, includes the construction of a new global concourse, replacing the airport's current Terminal 2, as well as two additional satellite aprons. The Global Lobby will be twice the size of the current Terminal 2.
The agreement calls for giving the global forum priority in development, while delaying the establishment of the satellite forum.