$6 billion project to open O’Hare Runway completed

Chic Feel like a traffic jam.

During a ceremony at the airport, Chicago Mayor Lori Lightfoot said that the 16-year O’Hare Modernization Project (OMP) to expand two existing runways and build four new runways running concurrently with the busiest airports. One has flown in and out. Very easy in the world.

By fixing the runways and running them parallel, the OMP has resulted in a 64% reduction in project life delays, Lightfoot said of the project, which also includes two new air traffic control towers and relocation of several facilities. has been done.

The changes are a welcome improvement for an airport that has been ranked among the nation’s worst for on-time departures and arrivals for years.

The modernization project is part of a larger $8.5 billion project that includes $6 billion spent on the new runway and other improvements called O’Hare 21 which will include the construction of the larger O’Hare Global Terminal.

That means more passengers and cargo moving through O’Hare, and it means more tourists and more business to Chicago and the Midwest, said U.S. Representative Raja Krishnamurthy, whose suburban Chicago district includes O’Hare Runway.

The projects were largely paid for with a mix of airport revenue bonds, passenger fees and federal grants, with airlines paying debt service on bonds. During Thursday’s ceremony, U.S. Sen. Richard Durbin (D-Ill.) said the federal government’s share of funding has been around $2.5 billion, following contentious battles that spread from the courts to Congress.

Disclaimer: This post has been self-published from the agency feed without modification and has not been reviewed by an editor

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