Press Release Article


Date: Jul 18, 2003
Press Release Number: 95-2003

State-of-the-Art Buildings Underscore Strength of Region’s Air Cargo Industry

The Port Authority today announced the opening of two new cargo facilities totaling 435,000 square feet of new warehouse and office space at John F. Kennedy International Airport.

The two new buildings, on adjacent sites in the airport’s South Cargo Area, will provide state-of-the-art cargo space for their four tenants: Lufthansa Cargo, Alliance Airlines, Cargo Services Center and Lufthansa Technik. The Airis Corporation designed and built the new facilities.
The new buildings are part of Kennedy Airport’s ongoing $9.5 billion redevelopment program that will generate more than 500 permanent jobs in the region.

New York Governor George E. Pataki said, “The New York region is the world’s largest air cargo market. These new facilities will help sustain continued growth and ensure that the air cargo industry remains a vital, vibrant part of New York State’s strong economy.”

Port Authority Chairman Anthony R. Coscia said, “This is an important addition for Kennedy Airport, and the entire regional economy. Nearly 25 percent of air cargo imported to the U.S. comes through Kennedy and Newark Liberty international airports, and these facilities will help accommodate continued growth in the industry.”

Port Authority Vice Chairman Charles A. Gargano said, “In a typical year, the region’s airports handle nearly three million tons of air cargo, generate 85,000 jobs and are responsible for $9 billion in economic activity, including $3 billion in annual wages. This new facility at Kennedy Airport will support this important regional industry.”

Port Authority Executive Director Joseph J. Seymour said, “The air cargo investment at our airports is a vital part of the Port Authority’s airport redevelopment program. The Port Authority and our private partners are investing billions of dollars to create modern passenger terminals, better roadways, more convenient parking and AirTrain JFK, which will offer a reliable and convenient rail connection to Kennedy Airport when it commences passenger service later this year.”

Details of the Cargo Project Include:

Next week, Port Authority officials will open a new $33.4 million cargo facility at Newark Liberty International Airport. This new multi-tenant cargo facility includes 107,000 square feet of warehouse space.

The New York/New Jersey region is the world’s largest air cargo market. In 2002, the region handled more than 2.5 million tons of cargo. In the first four months of 2003, more than 850,000 tons of air cargo had been handled at Port Authority airports, representing an increase of 8.2 percent over the same period in 2002.

Nearly 25 percent of the air cargo imported to the United States comes through Kennedy and Newark airports, which are home to more than 1,000 cargo companies, including airlines, cargo handlers, brokers, truckers and freight forwarders.

The Port Authority of New York and New Jersey operates some of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia and Teterboro airports; the George Washington Bridge; the Lincoln and Holland tunnels; the three bridges between Staten Island and New Jersey; the PATH rapid-transit system; the Downtown Manhattan Heliport; Port Newark; the Elizabeth-Port Authority Marine Terminal; the Howland Hook Marine Terminal on Staten Island; the Brooklyn Piers/Red Hook Container Terminal; and the Port Authority Bus Terminal in midtown Manhattan. The agency also owns the 16-acre World Trade Center site in Lower Manhattan. The Port Authority is financially self-supporting and receives no tax revenue from either state.