THE PORT AUTHORITY OF NY & NJ

Press Release Article


PORT AUTHORITY BOARD TAKES ACTION ON SEVERAL ITEMS, INCLUDING AIRPORT SYSTEM CAPACITY PLANNING STUDY

Date: Sep 22, 2011
Press Release Number: 118-2011

Items Moved Forward by the Board Today Could Generate More Than 1,900 Jobs and More than $500 Million in Economic Activity

The Port Authority Board of Commissioners today agreed to advance an airport system capacity planning study that will identify and evaluate options for dealing with forecasted future demand at the Port Authority’s five airports – John F. Kennedy International, Newark Liberty International, Stewart International, LaGuardia and Teterboro airports.

The airports have a significant impact on the regional economy, generating 500,000 jobs and $62 billion in economic activity. If existing aviation facilities are not expanded or new facilities are not built, the economic competitiveness of the region will be impacted. It is estimated that 20 million air travelers will not be served by the regional air system by 2030, delays and congestion will worsen, and 86,000 jobs will not be created.

Today’s action will allow the nationally renowned consulting firm of Landrum & Brown Inc., of Cincinnati, Ohio, to identify specific improvements that would be needed to accommodate future air travel demands. Those proposals will be considered as part of a full planning and environmental context.

In addition, the Board of Commissioners took the following actions:

CONTACT:
The Port Authority of New York and New Jersey
Steve Coleman, 212 435-7777