Los Angeles International Airport to Make First Major Changes in 27 Years CheapOair Staff July 5, 2011 general LAX Changing with The Times News broke Saturday that at least four billion dollars will be invested in Los Angeles International Airport (LAX). It’ll mark the first set of major changes in 27 years according to the Los Angeles Times report. The money will go towards add-ons to the Bradley terminal, improving numerous domestic terminals, upgrading utilities as well as taxiways. The airport is looking to prep itself for super-sized jumbo jets. Some of the renovations such as new runways, a new terminal are predicted to be done by the end of next year.