All clear for takeoff: American Airlines backs down on opposition to $8.5B expansion at O’Hare

American Airlines Group Inc. (NASDAQ: AAL) relented on its opposition of the proposed $8.5 billion expansion of O’Hare International Airport on Thursday, joining United Airlines and the city of Chicago in announcing its support of the expansion.

After negotiations, Chicago committed to working with American to expedite the construction of three gates available to all airlines.

“The mayor and his team worked tirelessly and creatively to structure an agreement that keeps competition thriving at O’Hare,”…


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