Passenger Terminal Today - Elizabeth Baker
John F Kennedy International Airport (JFK) in New York has closed a US$4.2bn funding deal to develop the new international Terminal 6. The Port Authority of New York and New Jersey chose airport operating company Vantage to be the principal developer and operator of the new terminal. Vantage will finance, build and manage the new Terminal 6, with infrastructure investment business Corsair serving as the project’s principal financial sponsor.
The construction of the new JFK Terminal 6 will be carried out in two phases. Vantage will manage both the existing Terminal 7 until its demolition in 2025, and the new international Terminal 6 from completion through 2060 via a long-term lease with the Port Authority of New York and New Jersey. The new Terminal 6 is scheduled to be delivered in 2028; once completed, it will connect international and domestic flights from Terminal 5. The new Terminal 6 will be 1,200,000ft2 and have a capacity for 10 gates, more than 100,000ft2 of commercial amenities, airline lounges and gate areas. Custom artworks will also feature in the new terminal complex.