Press Release Article


PORT AUTHORITY TO CONDUCT STUDY ON FEASIBILITY OF ASSUMING OPERATIONS OF ATLANTIC CITY INTERNATIONAL AIRPORT TO HELP EXPAND REGIONAL AVIATION CAPACITY

Date: Sep 20, 2012
Press Release Number: 131-2012

Increased use of hub could help reduce flight congestion at three major Port Authority airports

The Port Authority of New York and New Jersey will immediately commence a review of Atlantic City International Airport as a way to expand the region’s flight capacity, under action approved by the agency’s Board of Commissioners.

The Board authorized spending up to $3 million to review the financial, legal, environmental and business issues related to the agency’s possible assumption of Atlantic City International Airport operations.

The Board’s action is an outgrowth of 2007 bi-state legislation that permitted the Port Authority to establish an additional air terminal in New York and another in New Jersey. In November 2007, the Port Authority acquired a leasehold interest in Stewart International Airport near Newburgh, New York, as a regional reliever commercial airport for John F. Kennedy International, LaGuardia and Newark Liberty International airports.

Atlantic City International Airport accommodated an all-time high of 1.4 million travelers in 2010 and its facilities offer significant opportunity for future growth to help serve the city’s gaming industry needs, along with the growing travel needs of the rest of the New Jersey region.

“We need to explore all available options to expand our services for our passengers and businesses using our air cargo facilities,” said Port Authority Chairman David Samson. “Atlantic City International Airport may provide a good fit with our current air operations, easing congestion and opening up new opportunities. We will engage consultants to work with our own professionals to evaluate our options and to allow us to determine future policy moves.”

“One of the Port Authority’s critical missions is to move air travelers and air cargo as efficiently as possible and studying a possible role involving the operations of Atlantic City International Airport fits that goal,” said Port Authority Executive Director Pat Foye. “Last year, the Port Authority handled roughly 106 million passengers at its four commercial airports, a figure expected to increase significantly over the next 20 years.”

“Adding Atlantic City International Airport has the potential to bring another critical asset to the Port Authority’s already extensive aviation portfolio,’’ said Port Authority Deputy Executive Director Bill Baroni. “Significant growth is expected in the region’s aviation travel and studying the addition of another commercial airport is a prudent action for this agency to undertake to help foster economic growth and reduce flight congestion.”

Without increased regional aviation capacity, there is a high likelihood of worsening aircraft delays throughout the region and deteriorating levels of passenger service during peak travel periods. Prudent development and management of Atlantic City International Airport offers the opportunity to increase regional air traffic and bring significant benefits to the region’s trade, tourism and economic future.

CONTACT: Ron Marsico, 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 construction crews are building the iconic One World Trade Center, which is now the tallest skyscraper in New York. 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 relies on revenues generated by facility users, tolls, fees and rents as well as loans, bond financing, and federal grants to fund its operations. For more information, please visit http://www.panynj.gov.


 


Web Site Disclaimer
© 2001-CurrentYear The Port Authority of New York and New Jersey. All Rights Reserved.

The Port Authority of New York and New Jersey
(212) 435-7000  •  225 Park Avenue South, New York, NY 10003