NY governor presents $10B overhaul plan for JFK airport
On the 4th of January, Andrew Cuomo, the current governor of New York, presented an improvement plan for John F. Kennedy International Airport (JFK), which is worth an estimated $10 billion.
The proposal envisions expanding the road infrastructure in the airport’s vicinity, improving the Long Island Road station, implementing new safety measures, interconnecting terminals and increasing the number of flights to the airport.
The governor did not disclose the possible starting date of the project. Cuomo mentioned plans to raise around $7 billion from private investors.
About 37,000 people are employed at JFK. The airport contributes about $37.3 billion in economic activity to the New York-New Jersey metropolitan region, generating about 256,000 total jobs and $13.4 billion in annual wages and salaries.
Airports group ACI Europe sees passenger traffic returning faster than expected
Airports association ACI Europe believes passenger traffic will return to pre-crisis levels in 2024, a year sooner than...
Apollo fund considers €500 million investment in Air France-KLM spare engines
The US fund Apollo is in talks to inject €500 million into one of Air France-KLM’s subsidiaries, which owns a...
France deploys MAMBA air defense system to Romania
French armed forces in Romania deploy a MAMBA ground-to-air defense system to protect NATO forces in the area....
Surf Air announces deals to go public, boost rollout of hybrid-electric aircraft
US aviation company Surf Air wants to create the world’s largest fleet of regional hybrid-electric aircraft ...