US: JFK Airport’s busiest terminal to undergo $3.8b expansion

The owner of New York’s John F. Kennedy International Airport approved the $3.8b expansion of its busiest terminal. Board members of the Port Authority of New York and New Jersey, at a meeting in lower Manhattan on Thursday, voted in favour of a lease amendment allowing the private operator of Terminal 4 to proceed with the modernization and expansion plan. Terminal 4 handled 22m passengers last year, making it one of the busiest entry points into the US. The agreement with the terminal’s operator is the last in a series of deals the Port Authority, a bistate agency, has struck with airlines and private terminal operators at JFK. The deals are part of a planned $13b overhaul of the airport’s roadways, taxiways and terminals, championed by New York Gov. Andrew Cuomo.<br/>
Wall Street Journal
https://www.wsj.com/articles/jfk-airports-busiest-terminal-to-undergo-3-8-billion-expansion-11581631874?mod=searchresults&page=1&pos=2
2/13/20