The Fight to Overhaul JFK Airport - News Summed Up

The Fight to Overhaul JFK Airport


A fierce competition between airlines, private equity, developers and terminal operators is nearing its climax as the Port Authority of New York and New Jersey advances a $10 billion plan to overhaul John F. Kennedy International Airport. Several companies, including private equity firm Oaktree Capital Management, developer RXR Realty and Spanish infrastructure group Ferrovial SA, are vying to partner with JetBlue Airways Corp. to expand the airline’s operations beyond its hub at Terminal 5. Oaktree, RXR and Ferrovial declined...


Source: Wall Street Journal March 08, 2018 10:30 UTC


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