Charlotte Douglas International Airport and its signatory airlines (American, Southwest, Delta, United and Frontier) have "agreed to extend negotiations for up to one year" as they continue to discuss a long-term lease agreement, CLT announced Friday.
Why it matters: American accounts for more than 90% of the airport's daily flights. Charlotte is the airline's second-largest hub behind Dallas-Fort Worth.
Context: CLT's current Airline Use and Lease Agreement (AULA) began on July 1, 2016 and runs through June 30, 2026. The agreement will remain in effect during ongoing negotiations.
The AULA oversees details in these deals, including maintenance and repair responsibilities, property rights, operations, and ensuring that financial obligations are met.
What we're watching: While Charlotte City Council is not part of these negotiations, it will have to approve the new lease, CBJ reported.
What they're saying: "Travelers can expect no impact to operations," according to a statement from CLT.
