WEBVTT 00:07.466 --> 00:09.900 align:start position:10% line:79.33% size:75% AND AMERICAN AIRLINES WANT TO 00:09.100 --> 00:12.233 align:start position:10% line:79.33% size:75% GROUND OR SIGNIFICANTLY SCALE 00:09.900 --> 00:14.133 align:start position:10% line:79.33% size:62.5% BACK. THE MASSIVE O'HARE 00:12.233 --> 00:14.833 align:start position:10% line:79.33% size:77.5% REDEVELOPMENT DESIGNS THING IS 00:14.133 --> 00:16.933 align:start position:10% line:79.33% size:75% THE AIRLINE SIGN AN AGREEMENT 00:14.833 --> 00:17.633 align:start position:10% line:79.33% size:65% TO FOOT MUCH OF THAT BILL 00:16.933 --> 00:18.333 align:start position:10% line:79.33% size:72.5% THROUGH INCREASED GATE FEES. 00:17.633 --> 00:21.766 align:start position:10% line:79.33% size:72.5% BUT NOW THEY SAY THE PROJECT 00:18.333 --> 00:23.633 align:start position:10% line:79.33% size:77.5% IS OVER BUDGET. TONIGHT IN THE 00:21.766 --> 00:25.266 align:start position:10% line:79.33% size:72.5% SHOW AND PANDEMIC ERA LOSSES 00:23.633 --> 00:25.933 align:start position:10% line:79.33% size:77.5% PUT THEM AT A DISADVANTAGE. SO 00:25.266 --> 00:28.833 align:start position:10% line:79.33% size:67.5% WILL THIS ELABORATE JEANNE 00:25.933 --> 00:29.533 align:start position:10% line:79.33% size:70% GANG DESIGN TERMINAL 2 EVER 00:28.833 --> 00:32.933 align:start position:10% line:79.33% size:72.5% TAKE FLIGHT? AND JOINING US, 00:29.533 --> 00:34.166 align:start position:10% line:79.33% size:77.5% OUR JOE SCHWIETERMAN PROFESSOR 00:32.933 --> 00:34.866 align:start position:10% line:79.33% size:65% AT DEPAUL UNIVERSITY, WHO 00:34.166 --> 00:37.033 align:start position:10% line:79.33% size:75% SPECIALIZES IN PUBLIC POLICY, 00:34.866 --> 00:37.866 align:start position:10% line:79.33% size:62.5% TRANSPORTATION AND URBAN 00:37.033 --> 00:38.500 align:start position:10% line:79.33% size:70% PLANNING AND MARK DANTZLER, 00:37.866 --> 00:40.500 align:start position:10% line:79.33% size:62.5% PRESIDENT AND CEO OF THE 00:38.500 --> 00:42.433 align:start position:10% line:79.33% size:57.5% ILLINOIS MANUFACTURERS 00:40.500 --> 00:43.466 align:start position:10% line:79.33% size:72.5% ASSOCIATION. WE ALSO INVITED 00:42.433 --> 00:44.700 align:start position:10% line:79.33% size:72.5% UNITED AIRLINES AND AMERICAN 00:43.466 --> 00:45.366 align:start position:10% line:79.33% size:57.5% AS WELL AS THE CHICAGO 00:44.700 --> 00:45.933 align:start position:10% line:79.33% size:70% DEPARTMENT OF AVIATION. BUT 00:45.366 --> 00:48.766 align:start position:10% line:79.33% size:52.5% THEY DECLINED. WE DO 00:45.933 --> 00:50.433 align:start position:10% line:79.33% size:75% APPRECIATE THE 2 OF YOU BEING 00:48.766 --> 00:52.533 align:start position:10% line:79.33% size:60% HERE. SO FIRST TO MARK, 00:50.433 --> 00:53.533 align:start position:10% line:79.33% size:70% PROJECT WAS FIRST PEGGED AT 00:52.533 --> 00:54.300 align:start position:10% line:79.33% size:77.5% 8.7 BILLION DOLLARS. SURPRISE, 00:53.533 --> 00:54.900 align:start position:10% line:79.33% size:77.5% SURPRISE. IT'S GOING TO COST A 00:54.300 --> 00:57.166 align:start position:10% line:79.33% size:60% LOT MORE THAN THAT. NOW 00:54.900 --> 00:57.866 align:start position:10% line:79.33% size:60% ESTIMATED TO COST ABOUT 00:57.166 --> 00:59.266 align:start position:10% line:79.33% size:72.5% 12 BILLION. TELL US WHERE IT 00:57.866 --> 01:05.233 align:start position:10% line:79.33% size:62.5% IS RIGHT NOW AND WHY THE 00:59.266 --> 01:05.900 align:start position:10% line:79.33% size:25% OVERRUNS. 01:05.233 --> 01:06.600 align:start position:10% line:79.33% size:67.5% >> WELL, WORK WERE HURT IN 01:05.900 --> 01:07.366 align:start position:10% line:79.33% size:72.5% THAT. THE MAYOR'S OFFICE AND 01:06.600 --> 01:10.466 align:start position:10% line:79.33% size:67.5% UNITED AMERICAN, WHICH ARE 01:07.366 --> 01:11.433 align:start position:10% line:79.33% size:75% COMMITTED TO THIS PROJECT ARE 01:10.466 --> 01:12.933 align:start position:10% line:79.33% size:75% BACK AT THE TABLE NEGOTIATING 01:11.433 --> 01:13.633 align:start position:10% line:79.33% size:75% DISCUSSING HOW WE BRING FORTH 01:12.933 --> 01:15.766 align:start position:10% line:79.33% size:70% THE MODERNIZATION OF O'HARE 01:13.633 --> 01:17.233 align:start position:10% line:79.33% size:67.5% AIRPORT. BUT WE DO IT IN A 01:15.766 --> 01:17.900 align:start position:10% line:79.33% size:75% COST-EFFECTIVE MANNER. AS YOU 01:17.233 --> 01:21.233 align:start position:10% line:79.33% size:70% NOTED, PEERS WITH AGREEMENT 01:17.900 --> 01:22.133 align:start position:10% line:79.33% size:65% WAS SIGNED IN 2018, WHO'S 01:21.233 --> 01:23.066 align:start position:10% line:79.33% size:77.5% ABOUT 8 BILLION DOLLAR PROJECT 01:22.133 --> 01:24.933 align:start position:10% line:79.33% size:70% ABOUT 6 BILLION OF THAT WAS 01:23.066 --> 01:26.866 align:start position:10% line:79.33% size:55% GOING TO THE TERMINAL 01:24.933 --> 01:28.033 align:start position:10% line:79.33% size:67.5% REMODELING. AND TODAY IT'S 01:26.866 --> 01:28.633 align:start position:10% line:79.33% size:65% ABOUT A 12 BILLION DOLLAR 01:28.033 --> 01:30.800 align:start position:10% line:79.33% size:60% COSTS. WHEN YOU LOOK AT 01:28.633 --> 01:32.866 align:start position:10% line:79.33% size:75% TODAY'S DOLLARS IN SO WE NEED 01:30.800 --> 01:34.200 align:start position:10% line:79.33% size:77.5% TO MAKE SURE THAT WE MODERNIZE 01:32.866 --> 01:34.933 align:start position:10% line:79.33% size:75% THE AIRPORT BECAUSE TRAVELERS 01:34.200 --> 01:36.533 align:start position:10% line:79.33% size:77.5% AND MANUFACTURERS HAVE TO MOVE 01:34.933 --> 01:38.700 align:start position:10% line:79.33% size:72.5% PEOPLE IN PRODUCT AROUND THE 01:36.533 --> 01:40.700 align:start position:10% line:79.33% size:70% WORLD. WE NEED TO MAKE SURE 01:38.700 --> 01:41.733 align:start position:10% line:79.33% size:70% THAT WE HAVE SAFETY FISSION 01:40.700 --> 01:42.433 align:start position:10% line:79.33% size:65% FLIGHT WHEN TRAVELERS ARE 01:41.733 --> 01:43.166 align:start position:10% line:79.33% size:72.5% COMING THROUGH. THEY WANT TO 01:42.433 --> 01:43.900 align:start position:10% line:79.33% size:72.5% MAKE SURE THEY CAN GET THEIR 01:43.166 --> 01:47.800 align:start position:10% line:79.33% size:72.5% CONNECTING FLIGHT AND GET TO 01:43.900 --> 01:48.800 align:start position:10% line:79.33% size:77.5% THEIR NEXT DESTINATION IT COST 01:47.800 --> 01:49.533 align:start position:10% line:79.33% size:45% EFFECTIVE MANNER. 01:48.800 --> 01:50.200 align:start position:10% line:79.33% size:77.5% >> AND O'HARE HAS TO KEEP PACE 01:49.533 --> 01:52.100 align:start position:10% line:79.33% size:65% OF SOME OF THESE AIRPORTS 01:50.200 --> 01:52.900 align:start position:10% line:79.33% size:67.5% AROUND THE WORLD THAT HAVE 01:52.100 --> 01:54.566 align:start position:10% line:79.33% size:77.5% MODERNIZED. I MEAN, I THINK WE 01:52.900 --> 01:55.233 align:start position:10% line:79.33% size:72.5% HAVE A DRY AND RENDERINGS OF 01:54.566 --> 01:57.733 align:start position:10% line:79.33% size:67.5% THESE JEANNE GANG DESIGNS, 01:55.233 --> 01:58.766 align:start position:10% line:79.33% size:77.5% ESPECIALLY THAT GIANT TERMINAL 01:57.733 --> 02:00.566 align:start position:10% line:79.33% size:62.5% 2. WHAT ARE THE AIRLINES 01:58.766 --> 02:01.833 align:start position:10% line:79.33% size:72.5% CONCERNED ABOUT WITH RESPECT 02:00.566 --> 02:02.566 align:start position:10% line:79.33% size:67.5% TO THIS? BECAUSE THERE ANY 02:01.833 --> 02:03.600 align:start position:10% line:79.33% size:65% SIGN AN AGREEMENT? THAT'S 02:02.566 --> 02:04.300 align:start position:10% line:79.33% size:60% RIGHT. GIVE ME A LITTLE 02:03.600 --> 02:05.033 align:start position:10% line:79.33% size:70% HISTORY. REMINDS ME LOOKING 02:04.300 --> 02:06.733 align:start position:10% line:79.33% size:72.5% BACK AT THE MAYOR DALEY DAYS 02:05.033 --> 02:07.966 align:start position:10% line:79.33% size:67.5% WHEN WE HAD A DEAL HERE IN 02:06.733 --> 02:08.566 align:start position:10% line:79.33% size:57.5% MODERNIZATION PROGRAM, 02:07.966 --> 02:09.233 align:start position:10% line:79.33% size:57.5% EXTENDING THE RUNWAYS, 02:08.566 --> 02:12.033 align:start position:10% line:79.33% size:67.5% IMPROVING THAT THAT'S DONE 02:09.233 --> 02:12.666 align:start position:10% line:79.33% size:72.5% NOW. SO THAT SO TO RAISE THE 02:12.033 --> 02:14.266 align:start position:10% line:79.33% size:65% BASE OF THE COSTS FOR THE 02:12.666 --> 02:17.366 align:start position:10% line:79.33% size:75% AIRLINES, WITH ALL THAT BEING 02:14.266 --> 02:18.500 align:start position:10% line:79.33% size:72.5% DONE, WE HAD THE TERMINAL. 5 02:17.366 --> 02:20.033 align:start position:10% line:79.33% size:77.5% GATES THIS YEAR. THAT'S BEEN A 02:18.500 --> 02:21.966 align:start position:10% line:79.33% size:72.5% WHOLE NEW WORLD OUT THERE AS 02:20.033 --> 02:22.700 align:start position:10% line:79.33% size:77.5% EXCITING. BUT THE AIRLINES ARE 02:21.966 --> 02:24.600 align:start position:10% line:79.33% size:77.5% SAYING THE WORLD'S CHANGED AND 02:22.700 --> 02:25.366 align:start position:10% line:79.33% size:62.5% THE NEED FOR 2 SATELLITE 02:24.600 --> 02:30.500 align:start position:10% line:79.33% size:77.5% CONCOURSES INITIALLY RIGHT OUT 02:25.366 --> 02:31.566 align:start position:10% line:79.33% size:70% OF THE BOX FOLLOWED BY THIS 02:30.500 --> 02:32.233 align:start position:10% line:79.33% size:70% GLOBAL TERMINAL JUST AS TOO 02:31.566 --> 02:34.033 align:start position:10% line:79.33% size:65% MUCH TOO FAST. SO THERE'S 02:32.233 --> 02:35.733 align:start position:10% line:79.33% size:52.5% FURIOUS NEGOTIATIONS 02:34.033 --> 02:36.466 align:start position:10% line:79.33% size:77.5% HAPPENING, WHETHER WE CAN LOOK 02:35.733 --> 02:38.066 align:start position:10% line:79.33% size:75% AT DIFFERENT TIME AND WHETHER 02:36.466 --> 02:38.733 align:start position:10% line:79.33% size:70% THERE'S A WAY TO CUT COSTS, 02:38.066 --> 02:42.066 align:start position:10% line:79.33% size:70% THE SIDES APPEAR PRETTY FAR 02:38.733 --> 02:42.800 align:start position:10% line:79.33% size:42.5% APART RIGHT NOW. 02:42.066 --> 02:44.133 align:start position:10% line:79.33% size:75% >> ARE YOU SAYING THE CITY IS 02:42.800 --> 02:44.833 align:start position:10% line:79.33% size:75% IS ACTUALLY SITTING BACK DOWN 02:44.133 --> 02:46.933 align:start position:10% line:79.33% size:70% TO THE TOWING? RAHM EMANUEL 02:44.833 --> 02:47.900 align:start position:10% line:79.33% size:75% WAS QUOTED A FORMER MAYOR WHO 02:46.933 --> 02:48.600 align:start position:10% line:79.33% size:62.5% >> KIND OF CUT THIS DEAL 02:47.900 --> 02:51.900 align:start position:10% line:79.33% size:72.5% PULLED THE AIRLINE, SAID THE 02:48.600 --> 02:52.633 align:start position:10% line:79.33% size:75% DEAL THAT THEY BUT THEY MADE. 02:51.900 --> 02:54.433 align:start position:10% line:79.33% size:77.5% THAT'S RIGHT. THEY THINK THEIR 02:52.633 --> 02:55.166 align:start position:10% line:79.33% size:75% LINE SEE HARRIS FALLEN BEHIND 02:54.433 --> 02:57.400 align:start position:10% line:79.33% size:77.5% AND I CAME BACK FROM EUROPE. I 02:55.166 --> 03:00.466 align:start position:10% line:79.33% size:65% CAN ATTEST TO THE BE ON 7 02:57.400 --> 03:03.133 align:start position:10% line:79.33% size:77.5% EUROPEAN AIRPORT VERSE O'HARE. 03:00.466 --> 03:03.800 align:start position:10% line:79.33% size:77.5% AND SO I THINK EVERYBODY KNOWS 03:03.133 --> 03:05.233 align:start position:10% line:79.33% size:70% THAT THE COLONEL HAIR, SOME 03:03.800 --> 03:07.300 align:start position:10% line:79.33% size:75% TERMINALS DATING BACK TO 60'S 03:05.233 --> 03:09.566 align:start position:10% line:79.33% size:72.5% JUST DOESN'T CUT IT. TODAY'S 03:07.300 --> 03:12.100 align:start position:10% line:79.33% size:65% WORLD, THE DIFFICULT PART 03:09.566 --> 03:12.766 align:start position:10% line:79.33% size:75% HERES A 2 HUB AIRLINE. AGAIN, 03:12.100 --> 03:13.433 align:start position:10% line:79.33% size:62.5% AMERICAN FINAL. A LOT OF 03:12.766 --> 03:16.233 align:start position:10% line:79.33% size:67.5% PEOPLE THROUGH O'HARE, THE 03:13.433 --> 03:17.833 align:start position:10% line:79.33% size:67.5% ORIGINATING IN CHICAGO AND 03:16.233 --> 03:19.433 align:start position:10% line:79.33% size:72.5% THEY ARE YOU THAT THE RISING 03:17.833 --> 03:20.100 align:start position:10% line:79.33% size:47.5% COSTS JUST BE MORE 03:19.433 --> 03:22.133 align:start position:10% line:79.33% size:65% COST-EFFECTIVE TO A ROUTE 03:20.100 --> 03:26.166 align:start position:10% line:79.33% size:67.5% PASSES TO OTHER HUBS. NOW, 03:22.133 --> 03:27.266 align:start position:10% line:79.33% size:55% THERE'S A CERTAIN LOT 03:26.166 --> 03:29.000 align:start position:10% line:79.33% size:62.5% BARGAINING HERE. SO THEY 03:27.266 --> 03:29.700 align:start position:10% line:79.33% size:70% LEVERAGE HERE. THEY DO HAVE 03:29.000 --> 03:32.566 align:start position:10% line:79.33% size:72.5% SOME LEVERAGE AWAY FROM FROM 03:29.700 --> 03:33.966 align:start position:10% line:79.33% size:57.5% O'HARE. MARKDOWNS ARE. 03:32.566 --> 03:35.633 align:start position:10% line:79.33% size:67.5% >> WHAT ABOUT THAT? SHOULD 03:33.966 --> 03:39.566 align:start position:10% line:79.33% size:72.5% SHOULD THE CITY COME BACK IN 03:35.633 --> 03:40.600 align:start position:10% line:79.33% size:70% AND SCALE DOWN THESE PLANS? 03:39.566 --> 03:42.100 align:start position:10% line:79.33% size:72.5% >> WELL, AGAIN, THE AIRLINES 03:40.600 --> 03:42.800 align:start position:10% line:79.33% size:75% ARE COMMITTED TO THIS, BUT WE 03:42.100 --> 03:45.066 align:start position:10% line:79.33% size:75% HAVE TO DO IN A COST COMPARED 03:42.800 --> 03:46.300 align:start position:10% line:79.33% size:72.5% TO FASHION PEARSON. WHEN YOU 03:45.066 --> 03:49.066 align:start position:10% line:79.33% size:72.5% TALK ABOUT THE IN PLANE THAT 03:46.300 --> 03:49.933 align:start position:10% line:79.33% size:70% CROSS, FOR EXAMPLE, TODAY'S 03:49.066 --> 03:52.166 align:start position:10% line:79.33% size:60% O'HARE IS ABOUT $26 PER 03:49.933 --> 03:53.166 align:start position:10% line:79.33% size:77.5% PASSENGER WERE THE 3RD HIGHEST 03:52.166 --> 03:53.866 align:start position:10% line:79.33% size:67.5% UNITED STATES. AND IF THIS 03:53.166 --> 03:56.300 align:start position:10% line:79.33% size:67.5% PROJECT WERE TO GO THROUGH 03:53.866 --> 03:57.433 align:start position:10% line:79.33% size:67.5% WITH ALL THE COST TO RENT, 03:56.300 --> 03:59.800 align:start position:10% line:79.33% size:72.5% THAT'S GOING TO SKYROCKET TO 03:57.433 --> 04:02.433 align:start position:10% line:79.33% size:67.5% ABOUT $54, WHICH IS NEARLY 03:59.800 --> 04:04.100 align:start position:10% line:79.33% size:67.5% DOUBLE THE SECOND WOULD IN 04:02.433 --> 04:04.833 align:start position:10% line:79.33% size:72.5% NEWARK. AND YOU LOOK AT SOME 04:04.100 --> 04:08.533 align:start position:10% line:79.33% size:77.5% OF THE COMPETITION AWAY AND IS 04:04.833 --> 04:12.433 align:start position:10% line:79.33% size:75% IT DOLLAR FOR WORK? CHARLOTTE 04:08.533 --> 04:13.500 align:start position:10% line:79.33% size:67.5% IS ABOUT $4. DALLAS IS $12 04:12.433 --> 04:15.933 align:start position:10% line:79.33% size:72.5% PHOENIX'S $5. MINNEAPOLIS IS 04:13.500 --> 04:19.633 align:start position:10% line:79.33% size:70% $8.40 AND SO AS WE PRICE OR 04:15.933 --> 04:22.766 align:start position:10% line:79.33% size:72.5% SO'S OUT THE MARKET IN IT IS 04:19.633 --> 04:23.533 align:start position:10% line:79.33% size:75% IS HE SAID WERE ARE ABOUT 50% 04:22.766 --> 04:24.300 align:start position:10% line:79.33% size:77.5% PASSENGERS THAT COME TO O'HARE 04:23.533 --> 04:27.033 align:start position:10% line:79.33% size:77.5% OR CONNECTING AND WE HAVE WITH 04:24.300 --> 04:28.066 align:start position:10% line:79.33% size:77.5% AMERICAN AND UNITED. AND SO WE 04:27.033 --> 04:28.733 align:start position:10% line:79.33% size:75% HAVE TO MAKE SURE THOSE COSTS 04:28.066 --> 04:29.433 align:start position:10% line:79.33% size:62.5% GET DON'T GET TOO OUT OF 04:28.733 --> 04:33.033 align:start position:10% line:79.33% size:72.5% CONTROL BECAUSE WHAT'S GOING 04:29.433 --> 04:34.166 align:start position:10% line:79.33% size:75% TO HAPPEN ARE THE AIRLINES OR 04:33.033 --> 04:35.666 align:start position:10% line:79.33% size:72.5% GET AROUND PEOPLE ELSEWHERE? 04:34.166 --> 04:36.500 align:start position:10% line:79.33% size:72.5% BECAUSE WHEN WHEN A CONSUMER 04:35.666 --> 04:38.533 align:start position:10% line:79.33% size:67.5% WITH MARTIN'S OR MAKES HIS 04:36.500 --> 04:41.333 align:start position:10% line:79.33% size:72.5% PLANE RESERVATION AND I HAVE 04:38.533 --> 04:42.033 align:start position:10% line:79.33% size:72.5% TO CONNECT, IF IT'S CHEAPER, 04:41.333 --> 04:45.333 align:start position:10% line:79.33% size:72.5% GO THROUGH DETROIT OR DENVER 04:42.033 --> 04:46.400 align:start position:10% line:79.33% size:77.5% OR MINNEAPOLIS OR CHARLOTTE IN 04:45.333 --> 04:47.366 align:start position:10% line:79.33% size:67.5% ITS 5TH YEAR $100, CHEAPER 04:46.400 --> 04:48.866 align:start position:10% line:79.33% size:67.5% PASSENGERS ARE GOING TO DO 04:47.366 --> 04:49.600 align:start position:10% line:79.33% size:77.5% THAT. WHAT THAT MEANS IS FEWER 04:48.866 --> 04:51.266 align:start position:10% line:79.33% size:77.5% PASSENGERS COMING THROUGH HERE 04:49.600 --> 04:53.866 align:start position:10% line:79.33% size:75% MEANS LESS TAX REVENUE. SO WE 04:51.266 --> 04:55.233 align:start position:10% line:79.33% size:72.5% HAVE TO BE VERY CAREFUL THAT 04:53.866 --> 04:56.666 align:start position:10% line:79.33% size:72.5% AGAIN, I WANT TO PART OF THE 04:55.233 --> 04:59.200 align:start position:10% line:79.33% size:77.5% MAYOR'S OFFICE IS SITTING BACK 04:56.666 --> 04:59.900 align:start position:10% line:79.33% size:77.5% DOWN WITH UNITED AMERICAN. YOU 04:59.200 --> 05:00.633 align:start position:10% line:79.33% size:72.5% DON'T WANT TO PULL OUT THEIR 04:59.900 --> 05:01.366 align:start position:10% line:79.33% size:70% COMMITTED THIS PROJECT, BUT 05:00.633 --> 05:04.166 align:start position:10% line:79.33% size:77.5% THE AGREEMENT THAT THEY SIGNED 05:01.366 --> 05:06.766 align:start position:10% line:79.33% size:72.5% IN 2018 ALSO HAVE COSTED. SO 05:04.166 --> 05:09.066 align:start position:10% line:79.33% size:77.5% IS THAT CROSSES 25% HIGHER. IT 05:06.766 --> 05:10.766 align:start position:10% line:79.33% size:77.5% BEHOOVES ALL SIDES TO DOWN AND 05:09.066 --> 05:11.500 align:start position:10% line:79.33% size:65% SAY IT. WHAT CAN WE DO IT 05:10.766 --> 05:14.700 align:start position:10% line:79.33% size:77.5% AGAIN? IT'S GREAT TO HAVE THIS 05:11.500 --> 05:15.900 align:start position:10% line:79.33% size:65% MODERN TERMINAL, BUT MOST 05:14.700 --> 05:17.733 align:start position:10% line:79.33% size:77.5% PASSENGERS WOULD CONNECT THEIR 05:15.900 --> 05:18.366 align:start position:10% line:79.33% size:62.5% FLIGHTS AND GET TO THEIR 05:17.733 --> 05:19.433 align:start position:10% line:79.33% size:60% DESTINATION, DO IT. AND 05:18.366 --> 05:20.566 align:start position:10% line:79.33% size:65% THERE'S ALSO THERE'S ALSO 05:19.433 --> 05:21.766 align:start position:10% line:79.33% size:75% COVID, OBVIOUSLY THAT THREW A 05:20.566 --> 05:22.500 align:start position:10% line:79.33% size:62.5% WRENCH INTO THINGS. THEY 05:21.766 --> 05:23.466 align:start position:10% line:79.33% size:77.5% SHOULD READ STATEMENT FROM THE 05:22.500 --> 05:25.133 align:start position:10% line:79.33% size:55% CHICAGO DEPARTMENT OF 05:23.466 --> 05:25.833 align:start position:10% line:79.33% size:77.5% AVIATION. THEY SAY THEY REMAIN 05:25.133 --> 05:26.466 align:start position:10% line:79.33% size:75% COMMITTED TO CONTINUED GROWTH 05:25.833 --> 05:28.133 align:start position:10% line:79.33% size:65% AND DEVELOPMENT OF O'HARE 05:26.466 --> 05:29.033 align:start position:10% line:79.33% size:77.5% INTERNATIONAL AIRPORT THROUGH. 05:28.133 --> 05:29.700 align:start position:10% line:79.33% size:70% >> O HARE. 21 ENABLING WORK 05:29.033 --> 05:30.400 align:start position:10% line:79.33% size:67.5% FOR THE NEXT PHASE OF THIS 05:29.700 --> 05:33.433 align:start position:10% line:79.33% size:72.5% VITAL INFRASTRUCTURE PROJECT 05:30.400 --> 05:35.400 align:start position:10% line:79.33% size:77.5% BEGAN IN MARCH. THE CD REMAINS 05:33.433 --> 05:36.066 align:start position:10% line:79.33% size:72.5% ENGAGED IN CONSULTATION WITH 05:35.400 --> 05:37.266 align:start position:10% line:79.33% size:70% AIRLINE AGENCY AND BUSINESS 05:36.066 --> 05:38.100 align:start position:10% line:79.33% size:75% PARTNERS ON A COMPLEX PHASING 05:37.266 --> 05:38.666 align:start position:10% line:79.33% size:65% AND IMPLEMENTATION. SO IT 05:38.100 --> 05:40.933 align:start position:10% line:79.33% size:50% ASSOCIATED WITH THE 05:38.666 --> 05:42.033 align:start position:10% line:79.33% size:77.5% DEVELOPMENT OF THIS MAGNITUDE, 05:40.933 --> 05:44.300 align:start position:10% line:79.33% size:70% JUST WONDERING WHAT MIGHT A 05:42.033 --> 05:45.266 align:start position:10% line:79.33% size:70% SCALED BACK A REDEVELOPMENT 05:44.300 --> 05:45.933 align:start position:10% line:79.33% size:72.5% LOOK LIKE OR MIGHT THEY JUST 05:45.266 --> 05:47.966 align:start position:10% line:79.33% size:65% LENGTHEN THE TIME BECAUSE 05:45.933 --> 05:49.400 align:start position:10% line:79.33% size:75% THEY'RE SUPPOSED TO FINISH BY 05:47.966 --> 05:52.166 align:start position:10% line:79.33% size:72.5% YOU KNOW, REALLY APPLAUD THE 05:49.400 --> 05:52.900 align:start position:10% line:79.33% size:70% SENATE FINISH TERMINAL 5 ON 05:52.166 --> 05:54.900 align:start position:10% line:79.33% size:77.5% TIME. THE RUNWAY EXPENSES WERE 05:52.900 --> 05:55.800 align:start position:10% line:79.33% size:75% DONE REALLY VERY WELL. SAYS A 05:54.900 --> 05:56.500 align:start position:10% line:79.33% size:67.5% LOT OF A POLITICAL CAPITAL 05:55.800 --> 05:57.333 align:start position:10% line:79.33% size:67.5% THAT THE CITY'S BUILDUP TO 05:56.500 --> 05:57.700 align:start position:10% line:79.33% size:67.5% TAKE AND DELIVER WHAT THEY 05:57.333 --> 06:00.300 align:start position:10% line:79.33% size:22.5% PROMISE. 05:57.700 --> 06:01.133 align:start position:10% line:79.33% size:67.5% >> I THINK HERE ONE OF THE 06:00.300 --> 06:04.900 align:start position:10% line:79.33% size:70% DIFFICULT THINGS IS CAN YOU 06:01.133 --> 06:05.500 align:start position:10% line:79.33% size:77.5% KEEP THE AIRPORT RUNNING IF WE 06:04.900 --> 06:06.900 align:start position:10% line:79.33% size:57.5% TAKE TERMINAL 2 OUT OF 06:05.500 --> 06:09.100 align:start position:10% line:79.33% size:62.5% COMMISSION TO BUILD THIS 06:06.900 --> 06:09.766 align:start position:10% line:79.33% size:72.5% GLOBAL TERMINAL WITHOUT HAVE 06:09.100 --> 06:12.666 align:start position:10% line:79.33% size:70% NEW SATELLITES TO PUT PLANS 06:09.766 --> 06:14.300 align:start position:10% line:79.33% size:75% TO. IN THE MEANTIME, AS DON'T 06:12.666 --> 06:15.033 align:start position:10% line:79.33% size:77.5% BOTH SATELLITES, WE HAVE CHAOS 06:14.300 --> 06:17.166 align:start position:10% line:79.33% size:77.5% OUT THERE TRYING TO BUILD THIS 06:15.033 --> 06:18.866 align:start position:10% line:79.33% size:72.5% NEW TERMINAL GLOBAL TERMINAL 06:17.166 --> 06:20.700 align:start position:10% line:79.33% size:72.5% WITHOUT SOMEWHERE TO PUT THE 06:18.866 --> 06:22.233 align:start position:10% line:79.33% size:75% PLANS. AND THAT'S GOING TO BE 06:20.700 --> 06:22.866 align:start position:10% line:79.33% size:70% SOME COMPLEX ANALYSIS. THAT 06:22.233 --> 06:26.766 align:start position:10% line:79.33% size:65% COULD BE THE KEY TO MAYBE 06:22.866 --> 06:30.466 align:start position:10% line:79.33% size:75% SOLVING THIS. IF WE MAYBE A A 06:26.766 --> 06:31.700 align:start position:10% line:79.33% size:77.5% MOVE A TERMINAL CONNECTOR BACK 06:30.466 --> 06:34.433 align:start position:10% line:79.33% size:75% AND FOCUS ON TERMINAL TO WARN 06:31.700 --> 06:35.133 align:start position:10% line:79.33% size:72.5% OTHER THINGS. THEY'RE SAYING 06:34.433 --> 06:35.866 align:start position:10% line:79.33% size:72.5% 30 SECONDS LEFT, WHAT? MAYBE 06:35.133 --> 06:37.700 align:start position:10% line:79.33% size:75% THEY NEED TO SCALE DOWN THESE 06:35.866 --> 06:38.400 align:start position:10% line:79.33% size:72.5% REALLY NICE DRAMATIC DESIGNS 06:37.700 --> 06:40.566 align:start position:10% line:79.33% size:75% BY JEANNE LIKE LOOKING LIKE A 06:38.400 --> 06:41.933 align:start position:10% line:79.33% size:72.5% RAINFOREST AND THEY'RE MEAN. 06:40.566 --> 06:44.633 align:start position:10% line:79.33% size:67.5% >> ALL AIRPORTS AROUND THE 06:41.933 --> 06:45.333 align:start position:10% line:79.33% size:65% WORLD ARE VERY, VERY WELL 06:44.633 --> 06:45.866 align:start position:10% line:79.33% size:75% DESIGN. THAT'S RIGHT. THERE'S 06:45.333 --> 06:48.266 align:start position:10% line:79.33% size:47.5% A KIND OF ROAD FOR 06:45.866 --> 06:50.366 align:start position:10% line:79.33% size:75% NEGOTIATIONS HERE IN THE CITY 06:48.266 --> 06:52.366 align:start position:10% line:79.33% size:75% REALLY HAS JUST OF VISION FOR 06:50.366 --> 06:54.100 align:start position:10% line:79.33% size:72.5% TERMINAL 2. AND THE AIRLINES 06:52.366 --> 06:54.766 align:start position:10% line:79.33% size:75% LOVE THAT. IT'S REALLY A MESS 06:54.100 --> 06:57.300 align:start position:10% line:79.33% size:67.5% NOW. INTERNATIONAL FLIGHTS 06:54.766 --> 06:58.400 align:start position:10% line:79.33% size:72.5% PULLING INTO THAT TERMINAL 5 06:57.300 --> 07:00.066 align:start position:10% line:79.33% size:75% TELLING PEOPLE TAKE THAT JUMP 06:58.400 --> 07:01.200 align:start position:10% line:79.33% size:65% ON THAT PEOPLE HEARD FROM 07:00.066 --> 07:03.133 align:start position:10% line:79.33% size:70% SEVERAL YEARS. THAT WAS OUT 07:01.200 --> 07:04.200 align:start position:10% line:79.33% size:77.5% ONE OUTSIDE WITH YOUR BAGGAGE. 07:03.133 --> 07:04.866 align:start position:10% line:79.33% size:72.5% THIS WOULD FIX THAT. SO THEY 07:04.200 --> 07:07.300 align:start position:10% line:79.33% size:67.5% REALLY SEE THAT THE GLOBAL 07:04.866 --> 07:09.900 align:start position:10% line:79.33% size:75% TERMINAL IS KEY. THE QUESTION 07:07.300 --> 07:10.633 align:start position:10% line:79.33% size:60% IS CAN WE GET THAT DONE 07:09.900 --> 07:11.333 align:start position:10% line:79.33% size:77.5% COST-EFFECTIVE? ALL RIGHT. JOE 07:10.633 --> 07:11.933 align:start position:10% line:79.33% size:72.5% SCHWIETERMAN MARKDOWNS THANK