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Kansas City International Airport Getting New $1.5 Billion Terminal

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Travelers who fly in or out of Kansas City International Airport will be excited to learn of the facility will break ground on a new $1.5 billion single terminal March 25.

The Kansas City airport’s new terminal is scheduled to open in 2023.

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Currently laid out in a three-terminal formation, the airlines/southwest-airlines-begins-operating-new-flights.html” target=”_self” rel=”nofollow noopener noreferrer”>Missouri airport has remained mostly unchanged since it debuted in 1972. The massive construction project will help accommodate passenger traffic that has nearly tripled since the original facility opened.

The new terminal will be the largest infrastructure project in Kansas City’s history, and the building will be designed Chicago-based Skidmore, Ownings & Merrill. The facility will feature one million square feet of space, 39 gates and create 5,000 jobs.

“A modern airport that is attractive to passengers and airlines is an important competitive advantage for any major metropolitan area,” Kansas City Area Development Council CEO Tim Cowden said in a statement. “KC has a long track record of investing in its cultural assets, major league sports facilities, roads, bridges and mass transit options, and a new single terminal at KCI is the next important phase in our region’s growth.”

Officials from the Kansas City airport are also working on other projects as part of the massive overhaul, including close-in parking; a two-level curbside pickup and drop-off area; expanded flight options and waiting areas at each gate to accommodate an increased number of passengers and larger aircraft; and a revamped travel experience with more post-security amenities.

To celebrate the groundbreaking, festivities will be held at the airport’s Terminal A parking structure March 25 at 2 p.m. local time, featuring officials, representatives and partners.

This post was published by our news partner: TravelPulse.com | Article Source |

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United Puts Financial Losses Into Shocking Perspective

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With the demand for travel at an all-time low thanks to stay-at-home directives and severe travel restrictions, United Airlines on Thursday put the industry’s financial losses into a stark perspective.

According to the aviation blog The Points Guy, which had privy to view a virtual town hall held by the carrier, United is losing “over $100 million a day” due to the impact of the coronavirus global pandemic, United president Scott Kirby said.

Kirby conducted the town hall along with current CEO Oscar Munoz, who is stepping down in favor of Kirby later this year.

As The Points Guy pointed out, United cut almost 70 percent of its schedule in April with further cuts likely for May—as all airlines have. In fact, predictions going forward are dire. The International Air Transport Association (IATA) said they expect airlines to lose a collective $61 billion in the second quarter of this year (April, May and June).

United said it will pursue some of the $25 billion in grants available for employee compensation from the U.S. government stimulus package, as well as consider whether to apply for some of the $25 billion in loans. But this is all uncharted territory for the industry, even after the financial devastation from the Sept. 11, 2001 terrorist attacks.

“One of the lessons from this is, our stress test from 9/11 wasn’t stressful enough,” Kirby said in reference to United’s preparations and need for cash to keep operating.

United has not decided whether to permanently retire any jets as a result of the coronavirus, according to The Points Guy.

“If we want to emerge stronger, if we want to emerge the world’s leading airline on the other side of this, we have to have flexibility,” he said.

This post was published by our news partner: TravelPulse.com | Article Source

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