Press Release Article


NEW YORK AIR SHOW AND STEWART INTERNATIONAL AIRPORT HONORED WITH NEW YORK STOCK EXCHANGE OPENING BELL-RINGING THIS MORNING

Date: Aug 17, 2015
Press Release Number: 117-2015

Officials Ring Bell at 9:30 a.m. on Wall Street in Advance of Aug. 29-30 Air Show at Hudson Valley Airport

Representatives of the New York Air Show, Port Authority, Stewart International Airport, Orange County and local airlines rang this morning's opening bell at the New York Stock Exchange, heralding the opening of the week's stock trading and the upcoming Aug. 29-30 air show at the metropolitan area airport.

Bryan Lilley, the New York Air Show's president, rang the bell surrounded by others involved with Stewart International Airport's upcoming aerial extravaganza. Dignitaries included Orange County Executive Steven M. Neuhaus, Port Authority Executive Director Pat Foye, Port Authority Aviation Director Thomas Bosco, Stewart Airport General Manager Ed Harrison, as well as officials from Delta Air Lines and American Airlines that operate commercial service at Stewart.

The New York Air Show, scheduled for August 29-30th at Stewart, will feature demonstrations from four branches of the U.S. Military, including the Air Force F-22 Raptor, the Marine Corps AV-8B Harrier and the Navy F-18F Super Hornet. The Navy Seals Leap Frogs as well as the Army's West Point Parachute Team will jump at the event and New York's own Air National Guard 106th Rescue Wing will perform a Combat Search and Rescue Demo.

Civilian performers include the Horsemen P-51 flight team, GEICO Skytypers and former National Aerobatic champion Mike Wiskus in the Lucas Oil Pitts.

The event is expected to be the largest in the history of Stewart Airport, which the Port Authority took over in 2007.

"The New York Stock Exchange is where generations of ambitious individuals have come to make their mark and, we are honored the NYSE recognizes the importance of the New York Air Show and Stewart Airport to the region," said Port Authority Executive Director Foye. "We want the region to know that Stewart Airport is a viable alternative for travelers from the three busy metropolitan area airports."

"We are excited to be invited to such a prestigious event as the opening bell to start the day of trading on the New York Stock Exchange," said Air Show President Bryan Lilley. "It shows just how much momentum this Air Show has and for our first year that's very exciting."

"I'm honored to have the opportunity to take part in this ceremony at the New York Stock Exchange,' said Orange County Executive Steven M. Neuhaus. "The fact that we have been asked to ring the bell shows the significant impact that the air show will have on, not only on Orange County, but the entire state. I'm looking forward to standing up at the podium with some of the great people who have helped organize the New York Air Show. It is going to be a great event and the excitement surrounding it continues to grow."

Preliminary estimates indicate the air show is expected to generate approximately $5 million in sales in Orange County over the two-day event.

For more information and to purchase advance tickets, visit www.AirShowNY.com or call (877) 766-8158. To request interviews with New York Air Show officials or any performers, please contact Cathy Bassett of the Air Show at 443-735-9577.

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.


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