Page 14 - 2024 Summit of the Americas
P. 14

INSIDER



              Extraordinary PANYNJ demand comes amid redevelopment of all three
              major airports



                  The Port Authority is in the midst   “We are driving the investment of $30   “As passengers continued returning
              of an unprecedented $30 billion worth of   billion of redevelopment work at our airports,   to our airports, many for the first time
              airport redevelopment initiatives across   and the results are in: a record-shattering   in years, we are delighted to greet them
              New York and New Jersey.           144 million passengers in 2023,” said Port   with an entirely transformed experience
                  At Newark Liberty, the agency has   Authority Chairman Kevin O’Toole. “These   from curb to gate,” said Port Authority
              embarked on a complete redevelopment   extraordinary numbers are a clear testament   Executive Director Rick Cotton. “Demand
              that began with the brand-new Terminal   to the ambitious work we’ve undertaken to   for air travel has not only returned but
              A – the centerpiece of an airport-wide   modernize our airports, giving passengers a   has surpassed pre-pandemic levels. We
              renaissance designed to establish the   streamlined, comfortable, and 21st century   are delighted to provide new world-class
              airport as a world-class gateway for the   travel experience no matter which airport   facilities to this record-breaking number of
              New Jersey and New York region. The Port   they choose.”             travelers.”
              Authority is also moving ahead on a full
              replacement of Newark’s AirTrain system,
              along with the EWR Station Access project
              to increase airport and public transit access
              for underserved Newark and Elizabeth
              communities. The next phase of the
              airport’s redevelopment will be guided by
              the work of a world-class airport master
              planner selected by the agency.
                  At JFK, the $9.5 billion development
              of a state-of-the-art New Terminal One
              that will anchor the airport’s south side
              broke ground in September 2022. A new
              $4.2 billion Terminal 6, which will connect
              seamlessly with Terminal 5 to create an
              anchor terminal on the airport’s north side,
              broke ground in February 2023. The $1.5
              billion expansion of Terminal 4, led by
              Delta Air Lines and JFK International Air
              Terminal (JFKIAT), is nearing completion.
              Additionally, the $400 million expansion   The new Terminal B at LaGuardia was fully opened in 2020.
              of Terminal 8, led by American Airlines,
              which operates the terminal, and British
              Airways, which relocated to Terminal 8
              late last year, was completed in November
              2022, with a new concessions program
              underway. Alongside the terminal work
              at JFK, the Port Authority is overhauling
              the airport’s roadway network and parking
              infrastructure to create more streamlined
              roadway navigation and a new state-of-the-
              art ground transportation center.
                  At LaGuardia, the comprehensive
              plan to construct a whole new airport has
              been substantially completed, with the
              full opening of Terminal B in 2020 and
              Delta Air Lines’ new Terminal C following
              suit in 2022. In the fall of 2023, the
              Atrium Conference and Business Center
              at LaGuardia opened. Since its opening,
              Terminal B has won awards as best new   Newark’s new Terminal A, which just celebrated its first year in operation, welcomed
              airport terminal in the world, including the   more than 15 million passengers in 2023. Terminal A was given a prestigious five-star
              Prix Versailles from UNESCO and honors   rating by Skytrax. Terminal A now joins LaGuardia Airport’s Terminal B as the only
              from Skytrax, which also gave the terminal   two airport terminals in North America awarded the highest rating by Skytrax.
              the first 5-star rating in the nation.


               Summit of the Americas  April 2024                           14



                                                                                                                  4/1/2024   10:00:27 AM
       IAADFS 2024 Interior Final.indd   14
       IAADFS 2024 Interior Final.indd   14                                                                       4/1/2024   10:00:27 AM
   9   10   11   12   13   14   15   16   17   18   19