FAA Pledges More Than $400 Million For O'Hare | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

Airborne Unlimited -- Most Recent Daily Episodes

Episode Date

Airborne-Monday

Airborne-Tuesday

 Airborne-Wednesday Airborne-Thursday

Airborne-Friday

Airborne On YouTube

Airborne-Unlimited-04.22.24

Airborne-Unlimited-04.16.24

 Airborne-FlightTraining-04.17.24 Airborne-AffordableFlyers-04.18.24

Airborne-Unlimited-04.19.24

Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
Watch It LIVE at www.airborne-live.net

Thu, Apr 08, 2010

FAA Pledges More Than $400 Million For O'Hare

Expansion Plan Includes Two New Runways

The DOT says it will commit $410 million for the second phase of a planned expansion at O'Hare International Airport in Chicago, airport officials said at a news conference Tuesday.

The money is in addition to $337 million pledged for the first phase of the project in 2005. The expansion plans call for building two new runways and the extension of a third at one of the world's busiest airports.

Reuters reports that the city will issue an addition $1.8 billion in bonds for the second phase on top of $1.9 billion in debt assumed for phase 1.

Still on the city's wish list is a new $2 billion terminal, but Mayor Richard Daley admits that's a "tough sell." When the terminal was included in an overall estimate in 2008, the price tag climbed to $8.6 billion.

Chicago hopes to have the project completed by 2014. It has been delayed by a protracted legal battle waged by the suburb of Bensonville. That dispute was settled late last year.

FMI: www.faa.gov, www.ohare.com

Advertisement

More News

SpaceX to Launch Inversion RAY Reentry Vehicle in Fall

Inversion to Launch Reentry Vehicle Demonstrator Aboard SpaceX Falcon 9 This fall, the aerospace startup Inversion is set to launch its Ray reentry demonstrator capsule aboard Spac>[...]

Aero-News: Quote of the Day (04.23.24)

"We are excited to accelerate the adoption of electric aviation technology and further our journey towards a sustainable future. The agreement with magniX underscores our commitmen>[...]

Aero-News: Quote of the Day (04.20.24)

"The journey to this achievement started nearly a decade ago when a freshly commissioned Gentry, driven by a fascination with new technologies and a desire to contribute significan>[...]

ANN's Daily Aero-Linx (04.20.24)

Aero Linx: OX5 Aviation Pioneers Each year a national reunion of OX5 Aviation Pioneers is hosted by one of the Wings in the organization. The reunions attract much attention as man>[...]

Aero-News: Quote of the Day (04.21.24)

"Our driven and innovative team of military and civilian Airmen delivers combat power daily, ensuring our nation is ready today and tomorrow." Source: General Duke Richardson, AFMC>[...]

blog comments powered by Disqus



Change Display

Headlines Only | Headlines w/ Teasers | View Everything

Advertisement

Top Videos

Airborne-NextGen 04.23.24: UAVOS UVH 170, magni650 Engines, World eVTOL Directory

Airborne 04.22.24: Rotor X Worsens, Airport Fees 4 FNB?, USMC Drone Pilot

Airborne 04.19.24: Boom Supersonic, Aviation Alliance, BRM Electric

See All

Advertisement

Podcasts

Advertisement

© 2007 - 2024 Web Development & Design by Pauli Systems, LC