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  • ITVI.USA
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    8.820
    0.1%
  • OTLT.USA
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    0.001
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  • OTRI.USA
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    0.010
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  • OTVI.USA
    15,873.680
    8.980
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  • TSTOPVRPM.CHIATL
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  • TSTOPVRPM.PHLCHI
    2.100
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  • TSTOPVRPM.DALLAX
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American Shipper

New York-New Jersey Port Authority to study airport expansion site

New York-New Jersey Port Authority to study airport expansion site

   The Port Authority of New York and New Jersey is eyeing an airport about 55 miles north of New York city as a possible site to expand regional capacity.

   The authority's board authorized its executive director to review Stewart International Airport as an opportunity to expand regional airport capacity, hiring consulting services on an 'as needed' basis related to legal, financial, environmental and business issues.

   The port said demand at its existing regional airports has been robust and is expected to continue to grow strongly. The port authority's three major airports– John F. Kennedy International, Newark International and LaGuardia — are projected to handle 103 million passengers this year.

   The Stewart airport is operated under a lease from the New York State Department of Transportation by National Express Group, a British firm.

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