Airlines to finance most of JFK redevelopment

|
Tentative plans call for the first gate openings in 2023 and for project completion in 2025.
Tentative plans call for the first gate openings in 2023 and for project completion in 2025.

A $13 billion plan unveiled by New York Gov. Andrew Cuomo would increase capacity at New York's Kennedy Airport by 15 million passengers per year while modernizing and consolidating airport terminals.  

The project, which would be 90% financed by the private sector, mostly airlines, must get approval from the Port Authority of New York and New Jersey before it can go forward. Tentative plans call for the first gate openings in 2023 and for project completion in 2025. 

"This historic investment to modernize JFK Airport and the surrounding transportation network will not only ease travel through this major hub, but it will ensure JFK joins the ranks as one of the finest airports in the world," Cuomo said in a prepared statement. 

The proposal builds upon the redevelopment vision for Kennedy Airport that Cuomo put forward in January of last year. It comes as the port authority is overseeing an $8 billion redevelopment of New York's LaGuardia Airport.

Under the Kennedy proposal, the airport's six disconnected terminals would be consolidated into three terminals. A $7.9 billion, 2.9 million-square-foot south terminal would be developed by a consortium of Lufthansa, Air France, Japan Airlines and Korean Air Lines. It is to have 23 international gates.

That terminal would replace today's terminals one and two at Kennedy and be connected to the existing terminal 4.

On the north side of the airport, JetBlue would lead the development of a $3 billion, 1.2 million-square-foot terminal. The new facility would replace the existing Terminal 7, occupy the site of Terminal 6, which was demolished in 2011, and be connected to JetBlue's existing Terminal 5. Its 12 international gates would all be built to accommodate widebody aircraft.

The plan also calls for modernizing of terminal amenities, a 50% expansion in capacity for the Kennedy AirTrain, highway improvements leading to the airport, a simplification of the intra-airport road network and $2 billion in other airport infrastructure upgrades.

In addition, the port authority is to seek proposals on how to use the space between the north and south terminals. The proposal, however, wouldn't add runway capacity at the constrained airport. Kennedy ranked 26th out of the 30 largest U.S. airports in 2017 for on-time departures, according the Bureau of Transportation Statistics. Kennedy serviced 60 million passengers in 2017.

Cuomo envisions construction on the project beginning in 2020.

Comments

From Our Partners


From Our Partners

2013 Global Travel Marketplace
2013 Global Travel Marketplace
Watch Now
CruiseWorld
CruiseWorld
Watch Now
The PhoCusWright Conference
The PhoCusWright Conference
Watch Now
JDS Travel News JDS Viewpoints JDS Africa/MI