Austin-Bergstrom International Airport has finalized new multi-year Airline Use and Lease Agreements and Signatory Cargo Agreements with its airline and cargo partners. The agreements establish the financial and operational framework that will guide airport development over the next decade.
The agreements support a major expansion program that includes construction of 32 new airline gates and multiple terminal and utility upgrades. The program scope has expanded from an estimated $4 billion to more than $5 billion as passenger demand and operational needs increased.
Signatory partners include Southwest Airlines, Delta Air Lines, United Airlines, American Airlines, Alaska Airlines, FedEx, and UPS. The agreements define how airlines and cargo operators pay fees for airport-owned facilities, including runways, gates, ticket counters, baggage systems, and aircraft parking. These fees support airport operations, capital investment, and revenue bond financing.
Planned projects include a new 26-gate Concourse B, a new Arrivals and Departures Hall, a six-gate Concourse M, redevelopment of Concourse A in the Barbara Jordan Terminal, and campus-wide utility upgrades. Utility work will expand power, cooling, water, and IT systems to support the larger airport footprint.
The expansion program will use airport cash reserves, airport revenues, future revenue bonds, and Federal Aviation Administration grants.