Why United Airlines invested $1 billion in Denver Airport
From CNBC:
Denver International Airport’s 2023 was its busiest year yet, with CEO Phil Washington projecting around 78 million passengers – far outstripping their 50 million passenger capacity. The airport’s rapid growth has propelled it to become the 6th busiest in the world, with United Airlines holding the largest market share at 46.7%. The airline recently invested nearly $1 billion in Denver to accommodate the rising demand, with plans to grow to 650 flights a day by 2030.
Source: https://www.cnbc.com/quotes/UAL/
United Airlines’ Denver operations have become its busiest hub, with 60% of customers connecting from other places. With the city’s rapid growth, there’s a strong demand for flights. A recent investment of nearly $1 billion in Denver has allowed the airline to add more gates, flights, and destinations, including the opening of the largest lounge in its network.
Source: https://www.cnbc.com/quotes/LUV/
A behind-the-scenes look at United’s Denver operations and how the airport and the airline plan to keep up with demand are explored in a video by CNBC. The airport was originally built to handle 50 million passengers but is now on track to reach over 100 million people per year by 2027, according to DIA estimates.
Source: https://www.cnbc.com/video/2024/01/20/inside-denver-international-united-airlines-fastest-growing-hub.html
Read more: Why United Airlines invested $1 billion in Denver Airport