United Airlines And Houston Airport System Invest More Than $2B In Terminal B Transformation
Portfolio Pulse from Benzinga Newsdesk
United Airlines and the Houston Airport System (HAS) are investing over $2 billion in the Terminal B Transformation Program at George Bush Intercontinental Airport (IAH). The project includes 40 new gates, expanded amenities, and a focus on sustainability with the goal of LEED Silver certification. The expansion aims to accommodate an estimated 36 million passengers and will bring nearly 3,000 new jobs to Houston. United Airlines is investing $1.9 billion, while the City of Houston will fund $624 million in enabling projects. The project is expected to enhance the passenger experience and support Houston's economy.
November 15, 2023 | 5:33 pm
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United Airlines is investing $1.9 billion in the Terminal B Transformation Program at IAH, which is expected to enhance the passenger experience and support the airline's position as Houston's carrier of choice.
The significant investment by United Airlines in the Terminal B Transformation Program demonstrates a strong commitment to improving infrastructure and customer service. This is likely to positively influence the company's image and potentially increase passenger traffic through its Houston hub, which could lead to increased revenues in the short term. The project's focus on sustainability and job creation also aligns with broader corporate responsibility goals, which can further enhance the company's reputation.
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