The New Terminal One at JFK

What The New Terminal One at JFK does

The New Terminal One at JFK is a $9.5 billion public-private partnership developing the largest standalone international terminal in the United States, located on a 134-acre site on the south side of JFK International Airport in Queens, New York. Spanning 2.6 million square feet with 23 gates (22 widebody), the facility is designed for an annual throughput of up to 23 million passengers and will consolidate operations of the existing Terminal 1 and the former Terminals 2 and 3. The project is led by the Port Authority of New York and New Jersey within its broader $19 billion JFK transformation program and is scheduled to open in phases from 2026 with full completion by 2030.

The terminal's technology stack is anchored by sustainability and passenger-processing differentiators: a 12 MW rooftop solar array (over 13,000 panels, the largest onsite solar in New York City), one of the largest microgrids in the NYC area (with Schneider Electric), the world's first centralized all-electric ground support equipment fleet (with TCR), and an Enhanced Passenger Processing biometric identity verification system for international arrivals (with U.S. CBP and iProov). Operational service partners include JLL for facility maintenance, Menzies Aviation and Worldwide Flight Services for ground handling, URW Airports as exclusive commercial developer of 300,000+ square feet of concessions, Flagship Aviation for janitorial and landscaping, and Wilson James for accessibility services.

The business model combines aeronautical revenue (long-term airline gate leases, ground handling, and common-use fees from anchor carriers including Air Europa, Saudia, Ethiopian Airlines, China Eastern, and Azores Airlines) with non-aeronautical revenue (concessions commissions on retail, dining, and lounges) and infrastructure monetization (green bond debt service on $3.9B issued 2024-2025). The project is governed by CEO Jennifer Aument, supports over 10,000 jobs including 6,000+ union construction roles, and targets a 30% MWBE participation goal, 100% union labor, and net-zero emissions by 2050.

Name

The New Terminal One at JFK

Legal name

The New Terminal One at JFK International Airport

Website

https://portauthoritybuilds.com

Company type

Private

Founded year

2021

Operating status

Operating

Headcount range

51–100 employees

Short description

The New Terminal One at JFK is a $9.5 billion public-private partnership developing a 2.6 million-square-foot, 23-gate international terminal on the south side of JFK Airport, serving global airline tenants with all-electric ground support, biometric arrivals processing, and on-site solar and microgrid energy systems, opening in phases from 2026.

Ownership category

akta.pro rank

Product category

Airport Terminal Infrastructure

NAICS

Airport Operations (48811), Other Airport Operations (488119)

SIC

Airports, Flying Fields & Airport Terminal Services (4581)

akta.pro primary industry

Airport Terminal & Aviation Facilities Building Construction (IMAFACAL)

akta.pro secondary industries

Aviation Infrastructure Agencies (Public Airports, Airfield Ops, Ground Access) (BPAIALAE), Passenger Terminal Facilities Management (Cleaning, Maintenance, Utilities) (TLAHAEAK), Private Aviation Terminals & FBO Services (THABAFAH)

Keywords

• Airport terminal development
• Aviation infrastructure
• Passenger terminal operations
• Airline ground handling
• Sustainable airport design

Headquarters

HQ city

Jamaica

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Infrastructure, Personnel, Supply Chain, Technology or R&D, Operations, Marketing or Sales

Revenue model

1. Green Bond Financing: The project issued $3.9 billion in green bonds to finance sustainable infrastructure development, as part of the $9.5 billion terminal project funding.
2. Terminal Operations and Airline Leases: Revenue generated through airline partnerships, gate leasing, and ground handling services provided to airline customers operating at the terminal.
3. Concessions Revenue: Commercial retail, dining, and lounge spaces totaling over 300,000 square feet managed by URW Airports, providing revenue from concessions operators.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

The New Terminal One at JFK develops, owns, and operates a 2.6-million-square-foot all-international airport terminal at John F. Kennedy International Airport, providing gate leasing, ground handling, passenger processing (including the EPP biometric system), and 300,000+ square feet of retail, dining, and lounge concessions to international airline customers. The $9.5 billion project is structured as a public-private partnership with the Port Authority of New York and New Jersey and opens in phases from 2026 with full completion by 2030.

Product overview

The New Terminal One at JFK is a single large-scale airport terminal product—the largest standalone international terminal in the nation—offering passenger processing, retail, dining, and lounge services. The terminal's technology portfolio includes the Enhanced Passenger Processing (EPP) biometric system for international arrivals and associated passenger-facing digital services. The physical product comprises the terminal infrastructure, ground support equipment fleet, and microgrid energy systems. It is not a modular software platform but a unified airport facility with integrated technology components.

Differentiator

Problem solved

Functional benefit

Products and services

• The New Terminal One at JFK A $9.5 billion, 2.6-million-square-foot all-international airport terminal at JFK Airport, offering 23 gates (22 widebody), over 300,000 square feet of retail, dining, and lounge space, the largest rooftop solar array in New York City, and an all-electric ground support equipment fleet. Built as a public-private partnership with the Port Authority of New York and New Jersey, the terminal serves international airline tenants and their passengers.
• Enhanced Passenger Processing (EPP) Biometric System Next-generation biometric identity verification system for international arrivals, powered by iProov's Dynamic Liveness technology. Enables real-time facial recognition verification for eligible U.S. citizens arriving on international flights without pre-enrollment, reducing CBP inspection wait times.
• Terminal Concessions Program Over 300,000 square feet of commercial retail, dining, and lounge space within the new terminal, managed by URW Airports as the exclusive commercial developer. Includes dedicated technical assistance programs for Airport Certified Disadvantaged Business Enterprises (ACDBEs) and Local Business Enterprises (LBEs).
• Ground Handling Services Above-wing and below-wing ground handling services for the all-international terminal, delivered by licensed providers Menzies Aviation and Worldwide Flight Services. Services are aligned with the terminal's net-zero emissions commitment and operate in coordination with the all-electric ground support equipment fleet.

Quantifiable outcome

• 30% MWBE participation goal in project development
• +3 more outcomes

Named customers5 records

Segments1 record

Ideal customer profiles2 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

AI capability2 records

Feature4 records

Partnerships

15 partnerships are on record, tiered major and core.

• Schneider ElectricmajorTechnology or Integration · 11 June 2026Providing equipment and advisory support through its global consulting practice for the innovative microgrid energy system and sustainable airport infrastructure.
• Air EuropacoreChannel Partner/ Reseller/ Distributor · 11 May 2026Will relocate New York operations to New Terminal One when international terminal opens in 2026. Currently operates daily nonstop service between JFK and Madrid-Barajas Airport as SkyTeam alliance member.
• SaudiacoreChannel Partner/ Reseller/ Distributor · 22 April 2026National flag carrier of Saudi Arabia will relocate from existing Terminal 1 to New Terminal One in 2026. Move provides expanded capacity, prime arrival/departure slots, new flight timings, and increased frequencies on Jeddah-New York route.
• Wilson JamesmajorImplementation/ SI/ Consulting Partner · 30 March 2026Selected as dedicated partner to design and operate comprehensive Passengers Requiring Assistance (PRA) services including managing assistance requests, operating dedicated lounges and sensory room, expected to create approximately 130 local jobs.
• Ethiopian AirlinescoreChannel Partner/ Reseller/ Distributor · 17 March 2026Strategic partnership to transition New York operations from Terminal 7 to New Terminal One in 2026. Will offer service from New York to Addis Ababa hub providing connectivity across Africa, Middle East, and Asia.
• iProovcoreTechnology or Integration · 12 February 2026Biometric technology provider supplying Dynamic Liveness solution for Enhanced Passenger Processing at international arrivals. iProov's technology enables real-time facial recognition verification without pre-enrollment.
• U.S. Customs and Border Protection (CBP)coreStrategic or Co-development Partner · 11 February 2026Partnership to launch Enhanced Passenger Processing (EPP), a next-generation biometric identity verification system for international arrivals. The system enables real-time identity confirmation for eligible U.S. citizens, allowing efficient processing through CBP inspections while reducing wait times.
• Azores AirlinesmajorChannel Partner/ Reseller/ Distributor · 18 December 2025Part of SATA Group, will join New Terminal One as new partner offering nonstop flights between JFK and Ponta Delgada, Portugal. Partnership supports expansion of JFK's international services.
• JLLcoreImplementation/ SI/ Consulting Partner · 3 December 2025Global real estate and facility management company selected to deliver comprehensive facility maintenance services including HVAC, plumbing, electrical, fire life safety, building management systems, and electric power monitoring for the all-electric ground support equipment fleet charging stations.
• URW AirportscoreChannel Partner/ Reseller/ Distributor · 3 December 2025Exclusive commercial developer and manager of New Terminal One commercial program. Committed to lowering barriers to entry and providing technical assistance to Airport Certified Disadvantaged Business Enterprises (ACDBEs) and Local Business Enterprises (LBEs) for food, beverage, retail, and product placement.
• Flagship Aviation ServicesmajorImplementation/ SI/ Consulting Partner · 17 November 2025Selected to provide janitorial, pest management, and landscaping services for terminal operations.
• Menzies AviationcoreImplementation/ SI/ Consulting Partner · 10 November 2025Selected to provide both above-wing and below-wing ground handling services following comprehensive competitive procurement with significant involvement from partner airlines. Services aligned with net-zero emissions commitment.
• Worldwide Flight Services (WFS)coreImplementation/ SI/ Consulting Partner · 10 November 2025Selected to provide ground handling services for the all-international terminal. Both Menzies and WFS will receive operational licenses enabling direct contracting with airlines operating at the terminal.
• China Eastern AirlinescoreChannel Partner/ Reseller/ Distributor · 22 October 2025Strategic partnership to operate nonstop service between Shanghai and New York from the new terminal opening in 2026. Based in Shanghai, joining other international airlines as part of $19 billion transformation.
• TCRcoreTechnology or Integration · 14 February 2025Ground support equipment provider selected to outfit the terminal with world's first centralized all-electric ground service fleet including aircraft towing vehicles, passenger boarding stairs, refueling trucks, cargo handling equipment, and baggage loaders.

Scale indicators9 records

Recent moves7 records

Expansion highlights6 records

Direct peers

• LaGuardia Gateway Partners: Public-private partnership that redeveloped LaGuardia Airport Terminal B under a 35-year lease with the Port Authority of NY & NJ. Same parent agency, same NYC metro market, same PPP structure with airline and concession partners — most direct comparable to NTO's operating model.
• JFKIAT (JFK International Air Terminal): Operator of JFK Terminal 4 under long-term lease with Port Authority, handling many of the same international carriers (including SkyTeam members like Delta, Air France, KLM). Direct competitor at JFK for international airline customers and the airline partnership pipeline that NTO is also targeting.
• Newark Liberty Terminal A Operator (PANYNJ): Recently completed new Terminal A at Newark Liberty International Airport opened 2023, also led by Port Authority as part of $40B regional transformation. Competes with NTO for international airline tenants and connecting traffic in the same NYC metro catchment area.

Broad incumbents

• Fraport AG: Global airport operator managing Frankfurt Airport and holding stakes in numerous international terminals including Terminal 1 operations and ground services. Comparable to NTO in operating large international terminals with airline gate leasing, concessions revenue, and ground handling integration (Menzies/WFS analog).
• Aéroports de Paris (Groupe ADP): Operator of Paris Charles de Gaulle and Orly airports, operates international terminal infrastructure with airline partnerships, retail concessions, and sustainability programs (net-zero by 2030). Comparable to NTO's combination of terminal operations, concessions, and sustainability positioning.
• Schiphol Group: Operator of Amsterdam Airport Schiphol, one of Europe's largest international hubs with airline partnership model, extensive retail concessions, and major sustainability programs (electric ground support equipment adoption). Comparable operating model and international traffic focus.
• Incheon International Airport Corporation: South Korean operator of Incheon International Airport Terminals 1 and 2, frequently ranked among the world's best airports. Operates large international terminal with airline tenant model, retail concessions, and biometric passenger processing — directly comparable to NTO's technology and operational positioning.
• Heathrow Airport Holdings: Operator of London Heathrow, the largest international hub in Europe with extensive airline partnerships, retail concessions (Heathrow is the UK's largest retail center), and ongoing sustainability investment. Comparable scale of international terminal operations and per-passenger revenue economics.

Others

• TCR Group: Selected ground support equipment provider for NTO's world-first centralized all-electric GSE fleet. As NTO's technology partner (announced Feb 2025), TCR is an enabling partner whose electric GSE rollout at NTO is a leading indicator for the broader aviation GSE electrification market.
• iProov: Biometric technology provider for NTO's Enhanced Passenger Processing (EPP) system in partnership with CBP (announced Feb 2026). As the technology supplier enabling NTO's passenger processing innovation, iProov is an enabling partner whose commercial success with NTO could drive broader biometric aviation adoption.

Market position

Weaknesses5 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/JFKairport
• LinkedInlinkedin.com/company/jfk-terminal-one

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

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M&A

Investments

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Frequently asked questions about The New Terminal One at JFK