Latest news with #PANYNJ
Yahoo
01-04-2025
- Business
- Yahoo
Alstom signs a seven-year contract extension to operate and maintain John F. Kennedy International Airport's AirTrain in New York
PRESS RELEASE With nearly 25 million passengers carried last year, the JFK AirTrain is a vital part of the Port Authority of New York and New Jersey's (PANYNJ) efforts to reduce traffic congestion at the airport Alstom has designed and built the JFK AirTrain and has been providing operations and maintenance services for it since 2003 The contract extension with PANYNJ is valued at approximately $518 million USD (approximately 479 million euro)1 Over 230 Alstom employees will be retained to support the APM System. 1 April 2025 – Alstom, global leader in smart and sustainable mobility, has signed a contract extension with the Port Authority of New York and New Jersey (PANYNJ) to provide operations and maintenance services for JFK International Airport's AirTrain for the next seven years. The contract extension is valued at approximately $518 million and includes an option for three additional JFK AirTrain is a crucial part of reducing traffic congestion around the airport. The system connects all passenger terminals to airport parking lots, the hotel shuttle pick-up area, the rental car center, and NYC's public transportation network at Jamaica and Howard Beach Stations, where passengers and airport employees can connect with the subway, the Long Island Railroad, and public buses. Under the agreement, Alstom will be responsible for ensuring the AirTrain is running twenty-four hours a day, seven days a week, and for maintaining the vehicle fleet, station doors, guideways, power distribution systems, car wash, signalling system and facilities. The fleet is composed of 32 automated light metro trains, which range in size from one to four cars based on passenger demand, serving nine stations. 'We are proud of our ongoing partnership with the Port Authority of New York and New Jersey and JFK International Airport,' said Michael Keroullé, President of Alstom Americas. 'Since 2003, our industry-leading airport system has safely and reliably transported millions of travellers and employees between terminals. As JFK's partner of choice, Alstom is excited to support the modernization and expansion of AirTrain service at one of the world's busiest airports.' 'As we extend our partnership with Alstom, we strengthen our commitment to providing world-class service for the millions of travellers who rely on JFK Airport's AirTrain each year,' said Teresa Rizzuto, General Manager of JFK International Airport. 'This long-standing collaboration goes beyond operational efficiency; the AirTrain plays a key role in reducing traffic congestion and enhancing connectivity for passengers. The Port Authority looks forward to continue working with Alstom on JFK AirTrain, a critical piece of JFK's infrastructure, and one that also fosters sustainability, local job creation, and community development. We also encourage all of our customers to consider using JFK AirTrain to avoid construction-related traffic while we rebuild the airport.'A highly reliable system, firmly rooted in its communityLast year, nearly 25 million passengers rode the JFK AirTrain, with an average daily ridership of more than 68,000 travellers and airport employees. To accommodate the high passenger volumes, the system operates 24/7, 365 days a year, and Alstom's operations and maintenance teams ensure high performance, delivering an average system availability of 98.56% in 2024. Full automation of the system provides improved safety, high reliability, higher capacity with shorter headways between trains, and lower maintenance costs. The project will retain over 230 employees, including 59 customer service agents to provide assistance to passengers. As part of its commitment to the local community, the Alstom JFK Service Delivery Center provides job seekers with past involvement in the criminal justice system access to job opportunities through its participation in the Council for Airport Opportunity's Office of Second Chance Employment (OSCE), an initiative sponsored by addition, the JFK Alstom team partnered with Workforce One and Grant Associates to collaborate with the Career and Technical Education (CTE) Industry Scholars Program, which supports High School students' pursuit of advanced postsecondary education and career aspirations through valuable hands-on experience. Forty promising students participated in the program since the fall of 2021. Alstom is also committed to growing and nurturing Minority and Women Owned Business (MWBE) participation at this site. Last year the company spent $7 million with local MWBEs. Alstom is also working with the JFK Redevelopment Team to host a series of workshops aimed at mentorship and inclusion for our local MWBEs. A world leader in Operations and MaintenanceAlstom's FlexCare Operate portfolio covers the full spectrum of customer needs, including operations for all types of fleets and maintenance for the full transit system. Its customers benefit from reduced operating costs and increased operational efficiencies through technologies and best practices based on over 40 years of experience operating and maintaining trains and systems. With over 25 active operations and maintenance projects worldwide, Alstom is a trusted partner in helping transit authorities and communities achieve their mobility goals. ALSTOM™ and FlexCare Operate™ are protected trademarks of the Alstom Group. About Alstom Alstom commits to contribute to a low carbon future by developing and promoting innovative and sustainable transportation solutions that people enjoy riding. From high-speed trains, metros, monorails, trams, to turnkey systems, services, infrastructure, signalling and digital mobility, Alstom offers its diverse customers the broadest portfolio in the industry. With its presence in 64 countries and a talent base of over 84,700 people from 184 nationalities, the company focuses its design, innovation, and project management skills to where mobility solutions are needed most. Listed in France, Alstom generated revenues of €17.6 billion for the fiscal year ending on 31 March 2024. For more information, please visit Contacts Press: HQPhilippe MOLITOR – Tel.: +33 (0) 7 76 00 97 USAClifford COLE – Tel.: +1 (973 897 2667) Investor Relations Martin VAUJOUR – Tel.: +33 (0) 6 88 40 17 Estelle MATURELL ANDINO – Tel.: +33 (0) 6 71 37 47 1 This contract was booked during the fourth quarter of Alstom's 2024/25 fiscal year Attachments 20250401_AMERICAS_JFK O&M Extension Press Release_EN 20250401_AMERICAS_JFK O&M Extension Press Release_ENSign in to access your portfolio
Yahoo
19-03-2025
- Business
- Yahoo
'Organized chaos': $19bn airport megaproject takes shape in cramped NY
New York's JFK airport is an overlapping patchwork of open terminals, giant building sites and burgeoning infrastructure, wedged in by thousands of homes on one side and the ocean on the other. Passengers and project executives alike describe the $19 billion mega-project to completely overhaul the United States' largest global aviation gateway as "organized chaos" -- even as the airport remains open and passenger numbers grow. "For me, it's the most complex project I've ever worked on," said Gina Bigler, a senior engineer of construction at the JFK Redevelopment Program to entirely remodel the airport that handles more international passengers than any other in North America. Around her, temporary bridges redirected roads to make space for new permanent crossings and flyovers, while giant excavators shifted sandy earth near two brand new terminals in varying stages of completion. "There's multiple different contractors and the fact is the passenger volume is way higher than other projects," said Bigler, wearing a hardhat and high-vis jacket as she watched the delivery of plastic piping to the site of a new parking garage. "We have the constant push and pull of who's going to go first. There's tons of conversations." A complex web of contractors, terminal tenants, investment consortiums and airlines all coordinate with the Port Authority of New York-New Jersey (PANYNJ) which oversees every aspect of the project, from what art will be displayed in terminals to the tiles selected for the bathrooms. - Political headwinds - Despite the Coronavirus disruption and the project's scale and complexity, currently the largest of its type in the US, the redevelopment remains on budget and on schedule. Collaboration between the airport owner and private businesses guaranteed "oversight from a public oversight perspective," said JFK Millennium Partners CEO Steve Thody, responsible for the airport's new Terminal Six. "But it allows you to bring private money into the deal, which allows you to advance infrastructure probably at a faster pace than you could do otherwise." PANYNJ executive director Rick Cotton said that approach -- with no taxpayer money involved -- meant the airport redevelopment was insulated from political headwinds as it did not depend on federal funding. The way Cotton's agency was structured meant it could "prioritize the transportation priorities of the region -- and it was precisely intended to have political considerations take a back seat." Since returning to office, President Donald Trump has threatened to withhold federal funds from states and cities that do not bend to his will, like Illinois over immigration sanctuary policies. At the airport, the new Terminal Six is long but narrow, wedged in to the limited space available between runways and a people-mover track. The largest piece of the puzzle is the entirely new Terminal One. Measuring 2.5 million square feet (232,000 square meters), the cavernous $9.5 billion megastructure is shaped like a butterfly taking flight and used as much steel as five Eiffel Towers. Financing came from an unprecedented public-private tie-up that reportedly included a $6.5 billion bank loan. - Environmental concerns - Ultimately, the goal is to create airy new terminal space and eradicate the massive traffic jams currently plaguing approaches to the airport. Recognizing the proximity to dense neighborhoods and businesses, the airport has worked to reduce dust, noise and traffic at the sprawling construction project. But campaigners are critical of green initiatives around inherently polluting sites like airports, with aviation accounting for two to three percent of total current global human-induced carbon emissions, according to the Intergovernmental Panel on Climate Change. Cotton, of the PANYNJ, acknowledged that "obviously, the transportation sector generates a lot of greenhouse gasses." But he said redeveloped JFK would offer airlines more sustainable fuel, as well as electrifying airside vehicles and installing New York's largest solar array. It has also made use of giant barges to ship in construction material and steel for the terminals and new bridges, taking some 300,000 truckloads off the congested local roads according to project leaders. gw/mlm
Yahoo
19-03-2025
- Business
- Yahoo
'Organized chaos': $19bn airport megaproject takes shape in cramped NY
New York's JFK airport is an overlapping patchwork of open terminals, giant building sites and burgeoning infrastructure, wedged in by thousands of homes on one side and the ocean on the other. Passengers and project executives alike describe the $19 billion mega-project to completely overhaul the United States' largest global aviation gateway as "organized chaos" -- even as the airport remains open and passenger numbers grow. "For me, it's the most complex project I've ever worked on," said Gina Bigler, a senior engineer of construction at the JFK Redevelopment Program to entirely remodel the airport that handles more international passengers than any other in North America. Around her, temporary bridges redirected roads to make space for new permanent crossings and flyovers, while giant excavators shifted sandy earth near two brand new terminals in varying stages of completion. "There's multiple different contractors and the fact is the passenger volume is way higher than other projects," said Bigler, wearing a hardhat and high-vis jacket as she watched the delivery of plastic piping to the site of a new parking garage. "We have the constant push and pull of who's going to go first. There's tons of conversations." A complex web of contractors, terminal tenants, investment consortiums and airlines all coordinate with the Port Authority of New York-New Jersey (PANYNJ) which oversees every aspect of the project, from what art will be displayed in terminals to the tiles selected for the bathrooms. - Political headwinds - Despite the Coronavirus disruption and the project's scale and complexity, currently the largest of its type in the US, the redevelopment remains on budget and on schedule. Collaboration between the airport owner and private businesses guaranteed "oversight from a public oversight perspective," said JFK Millennium Partners CEO Steve Thody, responsible for the airport's new Terminal Six. "But it allows you to bring private money into the deal, which allows you to advance infrastructure probably at a faster pace than you could do otherwise." PANYNJ executive director Rick Cotton said that approach -- with no taxpayer money involved -- meant the airport redevelopment was insulated from political headwinds as it did not depend on federal funding. The way Cotton's agency was structured meant it could "prioritize the transportation priorities of the region -- and it was precisely intended to have political considerations take a back seat." Since returning to office, President Donald Trump has threatened to withhold federal funds from states and cities that do not bend to his will, like Illinois over immigration sanctuary policies. At the airport, the new Terminal Six is long but narrow, wedged in to the limited space available between runways and a people-mover track. The largest piece of the puzzle is the entirely new Terminal One. Measuring 2.5 million square feet (232,000 square meters), the cavernous $9.5 billion megastructure is shaped like a butterfly taking flight and used as much steel as five Eiffel Towers. Financing came from an unprecedented public-private tie-up that reportedly included a $6.5 billion bank loan. - Environmental concerns - Ultimately, the goal is to create airy new terminal space and eradicate the massive traffic jams currently plaguing approaches to the airport. Recognizing the proximity to dense neighborhoods and businesses, the airport has worked to reduce dust, noise and traffic at the sprawling construction project. But campaigners are critical of green initiatives around inherently polluting sites like airports, with aviation accounting for two to three percent of total current global human-induced carbon emissions, according to the Intergovernmental Panel on Climate Change. Cotton, of the PANYNJ, acknowledged that "obviously, the transportation sector generates a lot of greenhouse gasses." But he said redeveloped JFK would offer airlines more sustainable fuel, as well as electrifying airside vehicles and installing New York's largest solar array. It has also made use of giant barges to ship in construction material and steel for the terminals and new bridges, taking some 300,000 truckloads off the congested local roads according to project leaders. gw/mlm
