Bloomberg
The Port Authority of New York & New Jersey approved a scaled-down plan to redevelop Terminal 4 at John F Kennedy International Airport — where Delta Air Lines Inc is the anchor tenant — after the Covid-19 pandemic put a $3.8 billion expansion on hold.
The bi-state agency authorised a $1.5 billion first phase with the potential for expansion in the future at its meeting.
The Terminal 4 project, scheduled to begin before the end of 2021, would add two new gates for single-aisle airliners like the Boeing 737 and the Airbus A320 and eight gates for regional jets along with other terminal upgrades. Delta would have an option until end of 2024 to expand the terminal to 11 or 12 gates for narrow-body jets.
“It’s a vote of confidence in JFK and it’s a vote of confidence in the region,†said Port Authority Executive Director Rick Cotton.
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