The Port Authority of New York and New Jersey announced this week that it has reached agreement with Munich Airport International GmbH (MAI) to operate the $2.7 billion Terminal One now under construction at Newark Liberty International Airport (EWR).
EWR Terminal One LLC, a 100% subsidiary of MAI, will oversee operations, maintenance and concession functions once the terminal is completed.
Terminal One is replacing the outmoded Terminal A and is scheduled to be fully operational by 2022. MAI will also will be making short-term customer enhancements in Terminal A until that terminal is closed.
Munich Airport, operated by MAI’s parent company Flughafen München GmbH (FMG), has been awarded the title “Europe’s Best Airport” by Skytrax in 12 of the past 14 years.
“We wanted to bring a world leader in customer service and concession management to Newark Liberty, and MAI fits the bill,” said Port Authority Chairman Kevin O’Toole.
“The Port Authority is commit-ted to moving our airports from back of the pack to best-in-class facility standards and to a level of global best practices that our passengers demand,” Executive Director Rick Cotton said. “Our partnership with Munich Airport International allows us to deliver on our twin promises of opera-tional excellence and customer service based on global, 21st century standards.”
“We look forward to working with the Port Authority on this exciting project, and to bringing world-class operations, services and amenities to the new Terminal One,” said Dr. Ralf Gaffal, Managing Director of Munich Airport International.
Terminal One is a key element in the ongoing $28 billion transformation of Newark Liberty, JFK and LaGuardia airports.
EWR Terminal 1 and other PANYNJ projects
Terminal One at EWR will feature cutting-edge digital technology and superior dining and retail options in about one million square feet of space, about 20% larger than Terminal A. It will accommodate an estimated 13.6 million passengers annually on three levels.
The new terminal will have 33 common-use gates – five more than at Terminal A — to handle larger aircraft and modernized check-in, security and baggage claim areas.
Terminal One is the state’s largest design-build project, expected to generate more than $4.6 billion in regional economic activity, create more than 23,000 job years and provide more than $1.9 billion in wages.
In addition to Terminal One, major Port Authority modernization projects are under way at LaGuardia and John F. Kennedy International airports, with the total investment in the three airports at about $28 billion through private and public financing sources.