Page 14 - IAADFS Summit of the Americas 2024 Special Edition

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