Date: Sep 25, 2007
Press Release Number: 80-2007
Air passengers and the New York metropolitan region’s business community scored a victory today when the U.S. Department of Transportation announced a proposal to award a daily nonstop route between Newark Liberty International Airport and Shanghai to Continental Airlines beginning in 2009. Port Authority staff spearheaded a two-year-long grassroots effort that brought together public and private interests in a campaign to support Continental’s bid before the U.S. Department of Transportation for the route.
Port Authority Chairman Anthony R. Coscia said, “By linking the business capitals of the United States and China, this route will help drive economic growth in our region while providing an essential service for our customers.”
Port Authority Executive Director Anthony E. Shorris said, “We all know how important China is to the global economy. This new link to their rapidly expanding market is great news for the entire region, especially the finance and tourism sectors. My congratulations and thanks to all the parties who worked so hard to bring this route to the region.”
The Port Authority of New York and New Jersey operates many of the busiest and most important transportation links in the region. They include John F. Kennedy International, Newark Liberty International, LaGuardia 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; the Port Authority-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.