The Federal Aviation Administration last week said it would lift flight caps at O’Hare International Airport later this year after Chicago opens the first new runway as part of a $7.5 billion expansion plan.

Mayor Richard Daley and Robert Sturgell, acting administrator of the FAA, made the announcement at O’Hare. “Flight caps limit economic growth for the region and if left in place, serve as a disincentive for future investment at the airport,” Daley said. “Flight caps also negatively impact travelers by artificially constraining the market, leading to higher fares and fewer choices.”

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