June 21 Business News Update from the Fairfax County Economic Development Authority

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Exciting Developments at Washington Dulles International Airport

Washington Dulles International Airport is set to undergo a major expansion in both passenger and cargo operations, with plans for a new $700 million 14-gate concourse and a fifth runway. The airport, which serves as an emerging air cargo gateway in the Mid-Atlantic region, currently handles over 300,000 tons of cargo annually and connects to 57 international and 86 domestic destinations.

The expansion plans were announced by airport officials in partnership with the Virginia Economic Development Partnership (VEDP) and other key stakeholders. The new concourse, set to open in 2026, will have a direct link to the underground Aerotrain system, providing enhanced convenience for travelers.

In addition to the passenger operations, the airport is also focusing on expanding its cargo capabilities to further support the business environment in the region. With over 56 percent of the U.S. population residing within a one-day drive of the airport, Dulles serves as a crucial international gateway for the Washington metro area.

The expansion plans aim to position Washington Dulles International Airport as a key player in the air cargo industry, with the potential to attract more cargo traffic to the region. The airport’s strategic location and connectivity to major U.S. markets make it an ideal hub for both passenger and cargo operations.

As the airport continues to grow and evolve, it is expected to play a significant role in driving economic development and business opportunities in the region. The expansion of passenger and cargo operations at Washington Dulles International Airport is set to bring new growth and opportunities for travelers and businesses alike.