DFW International Airport and American Airlines have agreed on a $4.8 billion expansion plan, including a new terminal and 15 additional gates, according to a Local Profile article. They say, 

“A $4.8 billion expansion agreement was reached between DFW International Airport and American Airlines. This comprehensive deal includes $1.6 billion allocated for the construction of a brand-new terminal, featuring the addition of 15 gates.

Dallas Mayor Eric L. Johnson, Fort Worth Mayor Mattie Parker, DFW CEO Sean Donohue and American Airlines CEO Robert Isom gathered at DFW on May 16, 2023, to partake in a signing ceremony for the use and lease agreement. This event signifies the beginning of the expansion and advancement of the second-busiest airport in the world.”

DFW and American Airlines announced a $4.8 billion investment for construction projects, including modernizing terminals and expanding Terminal C. With the Metroplex’s rapid growth, according to a Connectre article which provides 

“The Fort-Worth Star Telegram reported that DFW and American Airlines officials announced $4.8 billion in construction projects over the next 10 years. The airport also will invest $2.7 billion to expand and modernize other terminals including reconstructing the rest of Terminal C, which has been in its original state since the airport was built 50 years ago. Construction on Terminal C will be over three or four phases, fully completed in 2028.

The Metroplex’s astronomical growth is driving demand to expand DFW. The airport expects 78 million travelers this year; within the next six or seven years, DFW expects to serve 100 million people a year.”

During the project announcement, DFW CEO Sean Donohue shared that the new Terminal F will increase the airport’s capacity to accommodate up to 100 million passengers, addressing future growth and demands.