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FACILITIESAPPROVED

Metropolitan Nashville Airport Authority AgendaPacket Joint Meeting of the MNAA Board of Commissioners and MPC Board of Directors 2026-05-20

MNAA, American Airlines Ink Future Admirals Club Deal

Not to exceed $12,620,800 (reimbursable buildout); additional lease value $5,139,200; total referenced $17,760,000Metropolitan Nashville Airport Authority (MNAA)AMERICAN AIRLINES INCMay 20, 2026

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Description

The Board approved a reimbursable agreement and lease with American Airlines, Inc. for a new Future Admirals Club in Concourse A, with MNAA funding up to $12.6 million in buildout costs to be repaid over a 10-year term. The lounge and associated offices will occupy roughly 15,000–17,000 square feet with an estimated lease value of $5.1 million.

Contract Details

Contract Amount

Not to exceed $12,620,800 (reimbursable buildout); additional lease value $5,139,200; total referenced $17,760,000

Vendor

AMERICAN AIRLINES INC

Agency

Metropolitan Nashville Airport Authority (MNAA), TN

Contract Type

FACILITIES

Document Date

May 20, 2026

Contract Term

10-year lease term through 2028, paid in monthly installments

Renewal Date

2028-12-31

Renewal Info

Initial 10-year club lease through 2028 with rental charges based on the Signatory Terminal Rental Rate; renewal options not detailed in the agenda.

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Issuing Agency

Metropolitan Nashville Airport Authority (MNAA)

Airport Authority

TN

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Vendor

AMERICAN AIRLINES INC

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