Southwest, LAX plan $400 million renovation
By Brian Sumers
01/14/2013
Torrance Daily Breeze
"Southwest Airlines and Los Angeles International Airport will fund about $400 million in Terminal 1 improvements under a plan approved Monday by the Board of Airport Commissioners.
According to the terms of the project, which must be approved by the Los Angeles City Council, Southwest will build a new checked baggage security system, improve passenger security checkpoints, refresh passenger waiting areas, refurbish the baggage claim area, construct new passenger boarding bridges and renovate the terminal lobby.
Though Southwest will lead the renovation, Los Angeles World Airports will eventually fund the bulk of the upgrades, either by giving the airline rent credits or by paying it a lump sum, according to a report written for the board by airport staff. About $16 million of the renovations will be considered Southwest proprietary improvements and will be absorbed by the airline, documents show. Some security improvements likely will be eligible for federal grants..."
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