Let's hope someone loses their job over this debacle.
What a screwup. I suspect the truth is that MIA is responsible for much more of the problems, but this allows AA to wash its hands of project management.
http://msnbc.msn.com/id/8956546/
What a screwup. I suspect the truth is that MIA is responsible for much more of the problems, but this allows AA to wash its hands of project management.
AA fleeing Miami airport project
Airline, Dallas contractors leave expansion half-finished, 'in severe crisis'
By Margaret Allen
Dallas Business Journal
Updated: 8:00 p.m. ET Aug. 14, 2005
Two big Dallas-based general contractors are out millions of dollars, and Fort Worth-based American Airlines Inc. has agreed to pay $105 million, in connection with what some are calling the bungled expansion of Miami International Airport.
Dade County, Fla., officials have said the massive, 3 million-square-foot expansion of the airport's north terminal is "in severe crisis."
Construction started in 1998 and was set for completion this year, but instead is only half finished. The cost of the mile-long, $900 million project has escalated to an estimated $1.94 billion, and scores of subcontractors claim they haven't been paid for completed work.
American, which currently operates about 62% of the flights out of Miami, was allowed by Miami-Dade County in 1995 to provide construction oversight of the project. But 10 years after the agreement was signed, Miami-Dade County commissioners in late June voted to allow American to hand the project back to the county.
American has agreed to pay the county $105 million over the next 10 years in what county officials have styled a contribution to pay subcontractors for outstanding claims.
http://msnbc.msn.com/id/8956546/