JetBlue selects developer for proposed JFK expansion
JetBlue Airways has selected Vantage Airport Group and RXR Realty to lead its proposed multibillion-dollar terminal expansion at John F. Kennedy International. JetBlue’s planned expansion, estimated to cost between US$2b and $3b depending upon the final design, is intended to add gates that can accommodate modern, wide-body planes. The airline currently operates out of JFK’s Terminal 5, which has 29 narrow-body gates. The expansion could add 12 larger gates, according to Steve Priest, JetBlue’s CFO. Priest said the airline received bids from 10 companies to partner on the development. JFK is among the busiest airports in the country and private companies saw “potentially great returns on a long-term lease in a high-demand environment,” Priest said. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2018-03-27/unaligned/jetblue-selects-developer-for-proposed-jfk-expansion
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JetBlue selects developer for proposed JFK expansion
JetBlue Airways has selected Vantage Airport Group and RXR Realty to lead its proposed multibillion-dollar terminal expansion at John F. Kennedy International. JetBlue’s planned expansion, estimated to cost between US$2b and $3b depending upon the final design, is intended to add gates that can accommodate modern, wide-body planes. The airline currently operates out of JFK’s Terminal 5, which has 29 narrow-body gates. The expansion could add 12 larger gates, according to Steve Priest, JetBlue’s CFO. Priest said the airline received bids from 10 companies to partner on the development. JFK is among the busiest airports in the country and private companies saw “potentially great returns on a long-term lease in a high-demand environment,” Priest said. <br/>
