Airport Management In Discussions With Multiple Airlines To Fill Gates After Delta's Hub Closure

DFW International Airport announced on Friday that multiple airlines had formally indicated an interest in its financial incentive program designed to fill the 22 gates in Terminal E. On January 6, the Airport offered an aggressive multi-million dollar incentive and stimulus package to all major US air carriers to initiate or expand service at DFW. The plan includes financial aid and other incentives totaling between $10 and $22 million.

"We see this as a positive first step in filling these gates and we look forward to more discussions with these airlines," said Jeff Fegan, CEO at DFW. "Although there is no guarantee, we hope that these discussions ultimately lead to a formal lease agreement with one or multiple carriers."

"Our team believes that bringing new or expanded service to DFW is important to North Texas passengers," said Max Wells, Chairman of the DFW International Airport Board.  "Our board is committed to bringing more choices and competition to our Airport and this package is doing its part to make that a reality."

"This incentive offer is not only designed to fill the huge economic loss as a result of Delta's elimination of its hub but also to unify North Texas behind the economic engine which will continue to serve our passengers as was originally envisioned by Dallas and Fort Worth," said Kevin Cox, DFW Chief Operating Officer.

The Terminal E opportunity is a result of Delta's decision to de-hub its operations at DFW, which will be completed January 31. That move will cost North Texas more than 7,000 jobs and nearly $800 million in annual activity.

Due to the competitive business environment, DFW will keep its discussions with prospective airlines confidential.

FMI: www.dfwairport.com