This Day On The Street
Continue to site
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

American Airlines Merger, Passport Kiosks Boost Charlotte Airport

This summer, US Airways has boosted trans-Atlantic service, adding flights to Barcelona, Brussels, Lisbon and Manchester, England, although slow bookings resulted in cuts -- announced last month -- in frequencies and in how many weeks the flights would last. Still, Charlotte will have summer service to 11 European destinations including Munich on Lufthansa.

Ten days ago, US Airways Express it will start service from Charlotte to three Midwest destinations: Grand Rapids, Mich. and Evansville and Fort Wayne, Ind. In February, American said it would add Charlotte to Oklahoma City and Tulsa, Okla. All five cities are in areas with a strong American presence but limited access to the Southeast. Also, service to Little Rock, Ark., has increased.

In an interview, Brett Cagle, Charlotte Douglas aviation director, said that so far the impact of the merger on the airport has been minimal, with American and US Airways still operating separately.

One change has been that cities such as Fayetteville, N.C., lost their non-stops to Washington Reagan National because the Justice Department required US Airways to give up DCA slots in the merger. So Fayetteville-DCA passengers now connect in Charlotte. Also, Cagle said, more American planes are occupying US Airways gates, which can confuse passengers.

Still, Cagle plans a new airport concourse next to the existing A concourse. "The airport is big enough to accommodate growth but we need to continue growing," he said. The new concourse would add 20 to 25 gates to the existing 96 gates. The earliest work, on the ramp, should begin in the next 12 months.

Must Read: Delta Airlines Boosts Dividend and Share Buyback Effort

Currently, the most visible airport project is parking lot additions: Construction has led to frequent traffic delays. "It has been very messy," Cagle conceded. The biggest problem has been that backups at the hourly parking lot result in drivers circling the airport.

However, a new closed-in hourly garage is scheduled to open in early November. The number of airport parking spaces will grow from 21,000 today to 28,000 by spring 2015.

Written by Ted Reed in Charlotte, N.C.

To contact this writer, click here.

Follow @tedreednc


2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Dividend Stock Advisor

David Peltier identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Updates with exact steps to take - BUY, HOLD, SELL
Trifecta Stocks

Every recommendation goes through 3 layers of intense scrutiny—quantitative, fundamental and technical analysis—to maximize profit potential and minimize risk.

Product Features:
  • Model Portfolio
  • Intra Day Trade alerts
  • Access to Quant Ratings
Real Money

More than 30 investing pros with skin in the game give you actionable insight and investment ideas.

Product Features:
  • Access to Jim Cramer's daily blog
  • Intraday commentary and news
  • Real-time trading forums
Only $49.95
14-Days Free
14-Days Free
AAL $37.82 3.64%
DAL $42.99 1.00%
AAPL $93.99 0.31%
FB $102.01 0.10%
GOOG $682.40 -0.10%


Chart of I:DJI
DOW 15,973.84 +313.66 2.00%
S&P 500 1,864.78 +35.70 1.95%
NASDAQ 4,337.5120 +70.6750 1.66%

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs