The Federal Aviation Administration (FAA) has announced a significant investment in Charlotte Douglas International Airport (CLT), committing $290 million from the Airport Improvement Program (AIP) to support the construction of a new fourth runway. This project, which broke ground in June 2023, is expected to be completed by fall 2027 and promises to revolutionize travel at CLT.
The new runway is a major step towards increasing flight capacity and reducing delays. It will not only benefit travelers within Charlotte but also those flying from the nearly 200 cities with routes to CLT. “The FAA and the Biden-Harris Administration are committed to ensuring the safest and most stress-free experience for travelers possible,” stated FAA Associate Administrator for Airports, Shannetta R. Griffin, P.E. “This fourth runway delivers on both – not only for travelers in and out of Charlotte, but for those flying from the nearly 200 cities with routes to CLT.”
Beyond the new runway itself, the grant will also support the completion of north and south end-around taxiways and other airfield improvements. These enhancements are designed to further enhance safety and increase capacity, streamlining operations at CLT.
“We are thrilled to receive this notable investment from the FAA,” said CLT Chief Executive Officer Haley Gentry. “The funding will enable the airport to continue progress on this crucial and nationally significant infrastructure project, boosting capacity and operational efficiency.”
The FAA’s funding commitment comes through a Letter of Intent (LOI), providing long-term financial predictability for the project. Under this agreement, the FAA will reimburse the City over a 10-year period, from Fiscal Year 2025 to Fiscal Year 2034, covering the government’s share of eligible project costs. This financial commitment ensures the project’s success and contributes to a more efficient and enjoyable travel experience for millions of passengers each year.
