Delta Air Lines has partnered with the City of Los Angeles and Los Angeles World Airports to significantly overhaul Terminal 5 at Los Angeles International Airport. The $229 million construction project is scheduled to take place in several phases with full completion scheduled for 2015.
Highlights of the project include doubling the size of the ticketing lobby and federal security screening checkpoints; an exclusive Sky Priority experience with a separate lobby and checkpoint; a private VIP check-in lobby; a renovation of the Delta Sky Club to include full-service bar, new carpet tile, and additional recharge stations for personal electronic devices; new baggage carousels; upgraded facilities to improve international baggage recheck; and new finishes providing a cleaner, brighter customer experience.
The project is funded using approximately $12 million of Delta Air Line’s invested capital for proprietary improvements; approximately $25 million in reimbursements from the Transportation Security Administration for security screening measure; and the remainder in LAWA commercial paper/long-term debt, LAWA cash on hand and Passenger Facility Charges collections. No funds from the City of Los Angeles’ General Fund are being used.
The project is expected to generate more than 200 construction-related jobs in Southern California.
LOGO: PRNewsFoto/Delta Air Lines