A rendering of the Newark Liberty Terminal One project.

NEW YORK—The Port Authority of New York and New Jersey Board of Commissioners approved on Friday approximately $4.5 billion in funding for major airport transportation projects, including upgrades for AirTrain LaGuardia and the development of a new AirTrain Newark.

The Port Authority Board authorized $2.05 billion to develop AirTrain LGA, which will connect the airport with a new station at Willets Point linked to enhanced Long Island Railroad service to and from New York City.

The board also authorized $2.05 billion to develop a new AirTrain Newark to serve Newark Liberty International Airport. The new AirTrain would replace the existing three-mile monorail system that opened in 1996.

Also, at Newark Liberty International Airport, the board authorized $35 million to pay for vision and master planning initiatives that would allow for the future replacement of Terminal B at Newark Liberty International Airport with a new world class Terminal Two.

The Port Authority Board also authorized $445 million to provide for early work items to facilitate the development of the $13-billion JFK Redevelopment Program, including the creation of new aircraft hardstand parking.

The $445 million in funding will pay for several early work initiatives, including: the demolition of three obsolete buildings, the relocation of the American Airlines employee parking, and reconstruction of new aircraft hardstand parking and repaving of the former Building 80 site to provide for new aircraft hardstand parking. The funding also will cover planning, design and construction of airfield enhancements on the airfield's west side cargo area. In addition, the funding will cover construction management services, program management services and master planning work.

"Today's actions reflect our commitment to rebuild our legacy airports and invest in new infrastructure to accommodate the unprecedented levels of air passenger growth," said Port Authority Chairman Kevin O'Toole. "Ensuring continued progress on these projects will enable us to provide 21st century facilities that offer the world-class customer experience our passengers expect."

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Port Authority Approves Nearly $5B in Airport Capital Projects

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