As Dodge’s October starts report shows, the U.S. construction industry continues to benefit from airport projects, some supported by billions of annual Federal Aviation Administration funding, some by airlines and airports, while other are continuing to turn to public-private partnerships.
For example, a $1.6 billion renovation of its Los Angeles International Airport terminals is American Airlines’ biggest-ever investment in a single airport. The work, which started in October, is expected to create 6,000 construction jobs, many of which will go to minority- and women-owned businesses, and is part of the city’s preparation to host the 2028 Summer Olympic Games.