LOS ANGELES-A $229 million renovation of LAX's Terminal 5 is underway, thanks to a partnership between Delta Air Lines, the main tenant, and city/airport government.
The project has started and is expected to be completed in 2015. Improvements include doubling the size of the ticketing lobby and federal security screening checkpoints; a separate lobby and check point for Delta's Sky Priority travelers; 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 throughout the terminal.
Also planned are 15 new restaurants and shops featuring celebrity chefs and retail brand names that reflect the cuisine, culture and lifestyle of Los Angeles. Names of the new establishments were not immediately available. Those facilities will complete their phased openings this year. The airport, one of the nation's busiest, has been undergoing modernization in several terminals over the last few years.
"As LAX undergoes a $4.1-billion modernization, we have made it a priority to improve domestic travel as well as updating our international terminal," Mayor Antonio Villaraigosa said in a statement.
The project is funded using approximately $12 million of Delta Air Line's invested capital for proprietary improvements (airline lounge, check-in lobbies, finishes, other architectural elements, etc.); approximately $25 million in reimbursements from the Transportation Security Administration for security-screening measures; 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 will support more than 200 construction-related jobs in Southern California.
Last month, Delta announced plans to increase service at LAX with daily year-round and seasonal service to 14 destinations, including eight new markets: Anchorage, Alaska; Boston; Bozeman, Montana; Nashville, Tennessee; Seattle; San Jose, California; San Jose, Costa Rica; and Spokane, Washington. The additional service adds 12% more daily seats in the market.
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