Date: Feb 01, 2012
Press Release Number: 11-2012
NEW YORK – February 1, 2012, Port Authority of New York and New Jersey Executive Director Pat Foye today issued the following statement on American Airlines’ bankruptcy reorganization plans:
"American Airlines has been a mainstay at the Port Authority's New York airports for 80 years, having developed a $1.3 billion state-of-the-art terminal at JFK and investing $30 million more in improvements to LaGuardia Airport. We look forward to our continued long-term partnership and support American and its represented employees in working together to emerge from bankruptcy so they can continue to serve our region and its air travel needs, while minimizing job loss in our region in the short term and increasing jobs and competition in the long term.”
The Port Authority of New York and New Jersey
Steve Coleman, 212 435-7777
The Port Authority of New York and New Jersey, which does not receive tax dollars from either state, operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia, Stewart International and Teterboro airports; AirTrain JFK and AirTrain Newark; the George Washington Bridge and Bus Station; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH (Port Authority Trans-Hudson) rapid-transit system; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Brooklyn Piers/Red Hook Container Terminal; the Port Authority-Port Jersey Marine Terminal and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan.