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April 9, 2018
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JFK terminals competition heats up

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Gov. Cuomo fired off a big round of excitement in January 2017 when he announced millions in seed money from New York and the Port Authority to revitalize JFK Airport with private partners.

Since then he has backed the Port Authority of NY and NJ to pass a Capital Plan which allocates billions for renovations at JFK, LaGuardia, Newark, and Stewart Airports.

As a result of the Port’s plans, private money is now being found to expand existing terminals, build new terminals and to secure new leases on existing terminals for 30 or so years.

Currently JetBlue is active in expanding its current terminal where it now hosts Hawaiian and Aer Lingus. It is planning to add new gates. It has also reached out to developers RXR Realty and Vantage Airport Group, parent of LGP at LaGuardia, to build a new terminal in the former terminal 6 space and possibly to go after the acquiring rights to Terminal 7 when the British Airways lease expires.

In another redevelopment, the lease for Terminal 2, which is currently operated by Delta, is coming due and there is interest by Terminal One to bid and renovate this older existing terminal . There is a lot of competition for this by Delta and Terminal One for it stand adjacent to both and is desirable for additional growth.

T1 is certainly a plum lease acquisition having the second largest international terminal at JFK following T4 which now operated by the Schipol Group. Adding T2 to this would create another behemoth international gateway at the airport.

Terminal One (T1), JetBlue (T5), British Airways (t7) and Delta (T2). Each company has its own service contracts and rules although all comply with Port police, and federal FAA, TSA and Customs Border Protection agencies.

So, after all is said and done the passenger experience at JFK will meet the public’s expectations.

Posted 12:00 am, April 9, 2018
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