United, Houston Airport System has invested more than $2 billion in the transformation of Terminal B

“This investment further strengthens United K’s position Houston Favorite carrier said Phil Griffith, Vice President of United’s IAH. “On behalf of over 14,000 employees who contact us Houston Back home, I can’t wait to continue doing everything we can to serve our customers who travel to and from our main hub and its more than 400 flights daily.

Travelers will find new conveniences and amenities throughout their airport experience. The transformation of Terminal B includes expanding pavement and roadway capacity, along with expanding the ticket lobby, providing convenience to passengers through dynamic signage, intuitive wayfinding systems and a ground-level check-in area. The third floor is expected to include a streamlined security processing area.

Once through security, the new B North Concourse expansion includes two new passenger concourses, replacing the 1969-era airline terminals. The B North Concourse, spanning approximately 765,000 square feet over three levels, will feature 22 narrow-body gates. In addition, United is a big club^poison The mezzanine level will provide unobstructed views of the airport, which is set to become the largest clubhouse in the United system.

The Terminal B South Terminal project involves converting 30 gates that currently house smaller 50-seat regional aircraft to accommodate larger two-class regional aircraft. Unlike the current terminal, all flights will board via the jet bridge.

The lobby design caters to a wide range of travelers, and is expected to include amenities such as a sensory room, a United-branded interactive multimedia “park,” and rest areas for passengers with disabilities that provide a quiet space for those who need to decompress between TSA and Boarding processing. The project will also include two major concession centers, offering 115,000 square feet of state-of-the-art dining and retail space, including unique dining and shopping experiences.

The baggage claim hall will be expanded, and a new baggage handling system, equipped with advanced baggage tracking technology, will support the increased capacity.

“The expansion of Terminal B underscores the shared commitment between United Airlines and… City of Houston To enhance Bush Airport and Houston Economy,” he said Houston mayor Sylvester Turner. “This redevelopment program will create approximately 3,000 new jobs Houston. The larger, more modern local station will be amplified Houston Reputation as a leading destination and cultivating more opportunities for future economic development. As a cosmopolitan city and a sought-after destination, larger, more efficient aircraft fly there Houston “It will improve passenger experience and support our promise of promoting sustainable practices.”

United Airlines expects to invest more than… $1.9 billion In the conversion program of terminal B and City of Houston Expect financing $624 million In enabling the projects required for the program. on Wednesday, November 15, 2023The Houston City Council approved and authorized a memorandum of agreement between… City of Houston And United Airlines. the City of Houston It intends to apply for City Council approval to allocate the funds in several tranches over the course of the project.

Enabling project costs borne by him City of Houston Fully refundable over time and after project completion through fares and fees payable by airlines and other operators in investment account holders with whom the City has entered into agreements. The funding to be provided by the Houston Airport System Foundation Fund complies with federal law as an appropriate use of airport revenues.

“The redevelopment of one of Bush Airport’s oldest terminals is a symbol of the critical role air service plays in the economic vitality of Bush Airport. Houston. “Our long-standing partnership with United Airlines has led to this historic growth and revitalization opportunity for Houston’s airports.” Mario DiazAviation Director at City of Houston. “While we are making significant progress on the new international terminal at Bush Airport to meet growing demand for international travel, the conversion of United Airlines’ Terminal B will help us Houston Meet the growing demand for domestic travel. Today’s decision confirms our strategy to gain passengers’ trust by providing safe, clean, world-class facilities with outstanding 5-star customer service.

Construction and design

IAH’s Terminal B conversion program, led by the experienced program management team at AvAirPros and STV, consists of three pivotal components:

• The arrivals and departures lounge in Terminal B was designed by Page, a full-service design, architecture and engineering firm based in Houston; and Grimshaw Architects, A LondonArchitectural firm based and will be built by Clark Construction.
• The concourses of Terminal B designed by PGAL, A HoustonAn international based design firm specializing in architecture, interiors and engineering, it will be built by Manhattan Construction Company, A.D Houstonbased company.
• The baggage handling system will be designed by Siemens, using its experience in designing and building these high-tech systems.

“At Clark Construction, we take pride in building projects that matter to the communities where we live and work,” said Kara Lanigan, Central Group CEO of Clark Construction. “We are humbled by the opportunity to work alongside United Airlines and the entire IAH Terminal B transformation team to enhance the traveler experience while creating jobs for local residents. Houston Community.”

“Manhattan Construction is very proud of the successful, award-winning projects we have built alongside United at IAH over the past 25 years,” he says. Jason Fuller, Vice President of Manhattan Construction Company. “We look forward to continuing this legacy with the Terminal B conversion programme. This is a landmark project that will provide significant economic opportunities for local residents.” Houston Companies, as together we build an expanded, innovative arena complex that will benefit our entire community. Manhattan The core team for this project are Houstonians who have spent the bulk of their careers building aviation projects here at IAH, and we truly appreciate the opportunity to partner with United Airlines, the Houston Airport System, and all of our local commercial contractors to bring this program to fruition.”

Sustainability

Sustainability will be a cornerstone of the Terminal B transformation project, with the goal of achieving LEED Silver certification for the new buildings. LEED certification is a globally recognized symbol of sustainability and represents a commitment to environmental responsibility in building design and construction. The redevelopment project will seamlessly blend technology, passenger-focused design and sustainable practices to create a world-class airport experience.

Forward-looking statements

This press release contains certain “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. All statements that are not statements of historical fact are, or may be deemed to be, forward-looking statements. These forward-looking statements are based on historical performance and current expectations, estimates, forecasts and projections about our future financial results, goals, plans, commitments, strategies and objectives and involve inherent risks, assumptions and uncertainties, known or unknown, including internal or external factors that could delay, divert or change any of them. , which are difficult to predict, may be beyond our control and could cause our future financial results, goals, plans and objectives to differ materially from those expressed or implied therein. These risks, assumptions, uncertainties and other factors include, among others, any delay or inability of United Airlines to achieve the expected benefits of the proposed project and that the proposed project will close on the conditions or within the time frame described herein. No forward-looking statement can be guaranteed. The forward-looking statements contained in this press release should be evaluated together with the numerous risks and uncertainties affecting United’s business and market, particularly those identified in the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of United’s annual report. On Form 10-K for the year ended December 31, 2022, as updated by our subsequent quarterly reports on Form 10-Q, current reports on Form 8-K and other filings with the Securities and Exchange Commission. The forward-looking statements contained herein are made only as of the date hereof, and except as otherwise required by applicable law or regulation, United undertakes no obligation to publicly update or revise any forward-looking statement, whether as a result of new information or future events. Or changed circumstances or otherwise. The use of words such as “partnership,” “partnership,” “partner” and variations thereof in this press release is not intended and shall not be construed to imply a legal partnership relationship between United and any other company.

About United

At United, good leads the way. With US centers in chicago, Denver, Houston, Angels, New York/Newark, San Francisco And Washington, DCUnited operates the most comprehensive global route network among North American airlines and is now the world’s largest airline based on available seat miles. For more information on how to join Team United, please visit www.united.com/careers and more information about the company at www.united.com. Shares of United Airlines Holdings, Inc., the parent company of United Airlines, Inc., are traded on the Nasdaq Stock Exchange under the symbol “UAL.”

Houston Airport System

Houston airports are City of Houston Aviation Department. Houston’s airports, consisting of George Bush Intercontinental Airport, IAH, William P. Hobby Airport, HOU, and Ellington Airport/Houston Spaceport, EFD, served 54 million passengers in 2022 and nearly 60 million passengers in 2019. Houston airport locations Houston As the international gateway for passengers and cargo to the south-central United States and as a major gateway to Latin America.

Source: United Airlines