THE PORT AUTHORITY OF NY & NJ

Press Release Article


JFK NAMED BEST CARGO AIRPORT IN NORTH AMERICA

Date: Apr 17, 2002
Press Release Number: 39-2002

Survey of Industry Leaders Recognizes Kennedy Airport
As Port Authority and Private Partners Continue
Record Development of Air Cargo Facilities


John F. Kennedy International Airport has been named North America’s best cargo airport in a prestigious competition judged by industry leaders.

Kennedy Airport finished first in a survey of thousands of air cargo industry officials across Asia – including top executives from major export hubs in Singapore, Hong Kong and Japan. JFK beat out competing airports in Los Angeles, Chicago, Atlanta, Denver and other cities.

Industry leaders praised JFK for excellence in cargo handling in the 16th annual Asian Freight Industry Awards survey, conducted by Cargonews Asia, the region’s leading freight industry publication.

Port Authority Chairman Jack G. Sinagra said, “These are the people who know the industry best – the executives and managers whose firms carry cargo across the world. This prestigious award confirms Kennedy Airport’s pre-eminent role in the global economy.”

Vice Chairman Charles A. Gargano said, “This award is long overdue recognition for the tens of thousands of hard-working people who efficiently handle cargo at JFK.”

Port Authority Director of Aviation William R. DeCota announced the award today during a groundbreaking ceremony at JFK for two new cargo facilities being built by Airis Corporation, the world’s largest private developer of aviation facilities.

“Cargo companies at Kennedy Airport handle countless types of commodities – everything from aspirin to zoo animals,” said Vice Chairman Gargano. “Virtually every household in this region is filled with items that came into this country as air cargo – from the food on people’s tables to the power tools in their garages. This award, coupled with ongoing investment at JFK, reflects the air cargo industry’s confidence in Kennedy Airport’s continued excellence.”

Port Authority Executive Director Joseph J. Seymour said, “Kennedy Airport’s record redevelopment program includes $650 million in private investment to create nearly 2 million square feet of new cargo facilities. That’s more than the combined cargo space at airports in Charlotte, Denver, Pittsburgh and San Francisco.”

Cargonews Asia Publisher Corey Bousen said, “In the aftermath of September 11, this award is a great tribute to the Port Authority’s staff at Kennedy Airport, who continue to offer the highest standards of service under the toughest of conditions.”

Airis’ $161 million project, totaling 435,000 square feet, is the largest cargo development project in Kennedy Airport’s 54-year history.

This work, scheduled for completion in the summer of 2003, joins three other major air cargo projects at the Port Authority’s airports:

· Continental Airlines is building an 80,000-square-foot facility on 8.5 acres at JFK. The $16 million project is scheduled for completion this year.

· The Port Authority has hired Fitzpatrick and Sons for a $33 million project to build a 152,000-square-foot multi-tenant facility on 15 acres at Newark International Airport by the end of this year.

· The agency is negotiating with private developers to design, build, operate and maintain nearly 300,000 square feet of cargo space on 27 acres at JFK. The project, estimated at $70 million, is scheduled for completion in 2004.

The New York/New Jersey region is the world’s largest air cargo market. In a typical year, the Port Authority’s airports handle nearly 3 million tons of air cargo. Nearly 25 percent of air cargo imported to the U.S. comes through Kennedy and Newark airports.
JFK and Newark Airport are home to more than 1,000 cargo companies – including airlines, cargo handlers, brokers, truckers and freight forwarders.

The region’s air cargo industry generates 85,000 jobs and $9 billion in annual economic activity, including $3 billion a year in wages and salaries.