THE PORT AUTHORITY OF NY & NJ

Press Release Article


PASSENGER ACTIVITY AT PORT AUTHORITY AIRPORTS IN 2015 SETS NEW RECORDS, HELPS SPUR REGIONAL ECONOMY

Date: Feb 03, 2016
Press Release Number: 22-2016

Business leaders in New York and New Jersey hail growth in commerce and jobs

More than 124 million passengers traveled through the Port Authority’s airports last year, establishing new travel records and providing a strong boost to the region’s economic and job growth.

The nearly 6-percent increase in the number of fliers passing through the agency’s airports in 2015 compared with 2014 bolsters a system that generates $80 billion in regional economic activity annually and supports more than 570,000 jobs.

"Our mandate to modernize our airports under a decade-long $8 billion capital program is enhanced by yet another year of record passenger growth," said Port Authority Executive Director Pat Foye. "Efforts already well under way will not only deliver new innovations and increased services for our traveling public, but also will power our regional economy and fuel job growth for the next generation of airport-based employees and businesses."

The preliminary figure of 124.2 million fliers at Port Authority airports in 2015 set a new annual record for the busiest airport system in the Americas, surpassing 2014’s previous record total by close to 7 million, according to Port Authority Aviation Director Thomas L. Bosco. The airports also served a record 43.6 million international passengers in 2015, and individual airports achieved all-time passenger highs.

Preliminary data shows John F. Kennedy International (JFK) posted records for most domestic passengers (26.8 million), most international passengers (30 million) and total passengers (56.8 million). Newark Liberty set a new mark for domestic passengers (25.7 million) and total passengers (37.5 million), while LaGuardia established new highs in domestic passengers (26.7 million) and total passengers (28.4 million).

Officials in New York and New Jersey celebrated the records for their expected boost to the metropolitan area’s economy.

"New York’s airports create hundreds of thousands of direct and indirect jobs and have a significant impact on the regional economy," said Empire State Development President & CEO Howard Zemsky. "Under Governor Cuomo’s leadership, New York’s economic growth and vitality have helped add to the record number of passengers flying into and out of the Port Authority’s airports."

Michele Brown, President and Chief Executive Officer of Choose New Jersey, Inc., an independent association that promotes economic growth, said, "New Jersey offers unparalleled access via air to nearly anywhere in the world and is home to one of the busiest airports in the U.S."

Brown added, "The Airport’s activity has led to explosive growth for logistics and distribution centers in New Jersey, a state perfectly located to serve the entire Northeast and Mid-Atlantic region."

Contact:
The Port Authority of New York and New Jersey
212-435-7777

Founded in 1921, the Port Authority of New York and New Jersey builds, operates, and maintains many of the most important transportation and trade infrastructure assets in the country. The agency’s network of aviation, ground, rail, and seaport facilities is among the busiest in the country, supports more than 550,000 regional jobs, and generates more than $23 billion in annual wages and $80 billion in annual economic activity. The Port Authority also owns and manages the 16-acre World Trade Center site, where the 1,776-foot-tall One World Trade Center is now the tallest skyscraper in the Western Hemisphere. The Port Authority receives no tax revenue from either the State of New York or New Jersey or from the City of New York. The agency raises the necessary funds for the improvement, construction or acquisition of its facilities primarily on its own credit. For more information, please visit http://www.panynj.gov.