Airports are flush with cash and are recording sky-high revenues. See where this money is being used to improve the passenger experience without increasing the PFC.
Terminal improvements include of the 440,000-square-foot Concourse E, a joint $560 million effort between the airline and the Metropolitan Washington Airports Authority, which manages IAD and Reagan National Airport (DCA).
The Port Authority of New York and New Jersey is constructing two new terminals and upgrading roadways at John F. Kennedy International Airport (JFK) as part of a $19.5 billion initiative.
The Metropolitan Knoxville Airport Authority (MKAA) late last week hosted a ceremonial event to officially break ground on the parking garage expansion and terminal roadway improvement project and to announce the launch of Flight Plan, a major expansion and renovation program designed to accommodate significant passenger growth at McGhee Tyson Airport (TYS).
New Jersey’s Newark Liberty International Airport (EWR) outlined a “vision plan” that includes replacing its Terminal B with a modern facility and the AirTrain that connects the terminals and parking areas. Airport officials said Newark’s two-year-old, $2.7 billion Terminal A can serve as a template for what the whole airport could be.