That is the background to this proposed ‘takeover’ at Atlantic City where PANYNJ has undertaken selective management duties, which were ‘imposed’ by then New Jersey Governor Chris Christie early in 2013. which already operated it) to drive the airport forward. The latest addition to the privatisation merry-go-round is Stewart, which was rebranded as New York Stewart International Airport in 2018 to emphasise its proximity to New York City.Īs reported by The Blue Swan Daily, PANYNJ has entered into a 10-year management agreement with ‘Future Stewart Partners’, a joint venture between Groupe ADP (France) and AvPORTS Management (U.S. Moreover, a consortium headed by the Schiphol Group (Netherlands) has operated JFK’s fourth terminal for many years. A privatisation proposal in the early 2000s by then-mayor Rudy Giuliani fell flat but privatisation has since found a way in through the back door in the form of public-private partnerships (P3s) – actual or proposed – to maintain or build and operate new or refurbished infrastructure at all three of the main airports. PANYNJ does not own any of the airports, it acts only as operator and manager, under lease in the case of the three main airports, and it is in entirely in the public sector. In 2007 it took on Stewart International airport in New York State, which has been under lease by way of the 1996 Airport Privatisation Programme to a private, UK-headquartered entity. PANYNJ, a joint venture of the two states since 1921 that oversees the metropolitan transport infrastructure of port, air, rail, bus, bridges and tunnels and attendant real estate, operates the two main New York airports John F Kennedy (JFK) and LaGuardia, as well as Newark Liberty International and the general aviation Teterboro Airport, also in New Jersey.
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