WASHINGTON, Nov 17 (Reuters) - The Federal Aviation Administration (FAA) granted final environmental approval for construction of a new $4.2 billion terminal at New York City's John F. Kennedy International Airport, the state said on Thursday.
New York state Governor Kathy Hochul said construction will begin early next year on a 1.2 million-square foot (111,480-square-meter), 10-gate terminal at JFK.
JetBlue Chief Executive Robin Hayes said the announcement would help "modernize JFK and bring our unique brand and culture to even more New Yorkers in a brand-new terminal."
Hochul also said financial arrangements for the public-private partnership to build the new terminal had been finalized. The Port Authority of New York and New Jersey will commit $130 million in capital funding to build enabling infrastructure for the new Terminal 6, including airside improvements and utility enhancements.
The United States is in the middle of a massive overhaul and rebuilding of many airport terminals. A $1 trillion infrastructure law signed by President Joe Biden in 2021 includes $15 billion for airport project grants.
The FAA is expected to soon issue a similar environmental approval to a massive $8.5 billion project at Chicago's O'Hare International Airport that includes a new Terminal 2.
U.S. Transportation Secretary Pete Buttigieg will be at O'Hare for an event on Monday.
In June, New York celebrated the six-year $8 billion reconstruction of the city's long-derided LaGuardia airport with a brand new Delta Air Lines (DAL.N) terminal.
Delta's glittering 1.3 million-square foot, $4 billion Terminal C began flights this summer.
New York and airlines spent $8 billion to reconstruct the airport that then-Vice President Biden in 2014 dubbed "some third-world country."
Our Standards: The Thomson Reuters Trust Principles.