Charlotte Douglas is preparing to present a proposed lease framework for American Airlines’ hub as the airport works toward a $1 billion concourse project.
The proposal includes a capital program for expanding concourses and upgrading terminals. It follows the expiration of earlier long-term agreements in June.
The Business Journals reported the development. Further details about the proposed lease framework and the construction schedule were not provided.
American Airlines Group employs about 8,900 people in Fort Worth, according to local government records.
