X

Thank you for sharing!

Your article was successfully shared with the contacts you provided.

DALLAS-Southwest Airlines and the city of Dallas are partnering on a major $519-million capital improvement project to overhaul Love Field, Dallas’ city airport. The project will commence in June, and is scheduled to be completed in 2014, the same year during which flight restrictions from the Wright/Shelby Amendment will be lifted.

According to an article in the Dallas Morning News, the work will involve replacing existing terminals with a 20-gate concourse, while expanding baggage facilities. The new concourse should be open by 2011. The article says Southwest will manage the project and kick in up to $75 million to get it started. The city, meanwhile, will work on bond sales via higher landing fees, gate rentals and passenger facility charges to finance the remainder of the project.

Love Field is known locally as the home of Southwest Airlines, which flies exclusively from this airport on Mockingbird Lane. Continental Airlines also has gates there, as does American Airlines Inc.

The 1300-acre Love Field got its start in 1917 as a World War I military training base. The airport, throughout the years, has seen its share of history, serving as one of Charles Lindbergh’s stops during his world flight in 1927 and then reactivated as a military modification center during World War II. Throughout the 1950s and 1960s, the airport was a busy place with Delta Airlines, Braniff International Airways, and American having regular flights. Southwest came on board in 1971.

However, things began to change when Dallas-Fort Worth International Airport opened in 1974 and the Airline Deregulation Act of 1978 was passed. A year later, Congress passed the Wright /Shelby Amendment to the International Air Transportation Competition Act, which permitted flights from Love Field to fly only within Texas and contiguous states. The only “long-hauls” allowed were commercial craft carrying fewer than 56 passengers. Most of the major airlines moved to Dallas-Fort Worth International Airport, while Southwest continued operating from Love Field.

In the late 1990s, however, court battles ensued, proving the unconstitutionality of the Wright/Shelby Amendment. During the early 2000s, restrictions on long-haul carriers were lifted, with full repeal to take place in 2014.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.