Agreement with Munich Airport International a major milestone in development of new world-class terminal.
In a major step forward in the development of a new world-class airport, the Port Authority has reached agreement with EWR Terminal One LLC, a 100% subsidiary of Munich Airport International GmbH (MAI), to operate and maintain the $2.7 billion Terminal One now under construction at Newark Liberty International Airport (EWR).
MAI will operate as EWR Terminal One LLC and 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. The new operating company EWR Terminal One LLC 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 for the 12th time over the past 14 years. In addition to the Newark project, MAI is involved locally with a joint venture (Reach Airports) that will manage the new Terminal One project at John F. Kennedy International Airport.
“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. “New Jersey travelers deserve world-class service and the brand new Terminal One will improve the travel experience for Garden State residents and visitors while creating new jobs and business opportunities in the region.”
“The Port Authority is committed to providing best-in-class facility standards and 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 that promise of operational excellence.”
“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 will feature cutting-edge digital technology, superior dining and retail options in about one million square feet of space, about 20 percent 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.
Vicky is the co-founder of TravelDailyNews Media Network where she is the Editor-in Chief. She is also responsible for the daily operation and the financial policy. She holds a Bachelor's degree in Tourism Business Administration from the Technical University of Athens and a Master in Business Administration (MBA) from the University of Wales.
She has many years of both academic and industrial experience within the travel industry. She has written/edited numerous articles in various tourism magazines.