Skip to content
Trending
August 5, 2025Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund’s board August 4, 2025Here’s where the jobs are in this slowing economy August 5, 2025Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why August 4, 2025Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact August 5, 2025Palantir tops $1 billion in revenue for the first time, boosts guidance August 5, 2025Shares of American Eagle surge 20% after Trump calls Sydney Sweeney campaign ‘hottest ad out there’ August 4, 2025Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy
EverydayRead
  • HOME
  • Business
  • Earnings
  • Economy
  • Finance
EverydayRead
EverydayRead
  • HOME
  • Business
  • Earnings
  • Economy
  • Finance
EverydayRead
  Business  JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside
Business

JFK airport’s $9.5 billion international terminal is taking shape. See what’s inside

AdminAdmin—August 3, 20250

The future ticket counter at JFK’s new Terminal 1.

Leslie Josephs/CNBC

It’s far from finished but the new, $9.5 billion Terminal 1 at John F. Kennedy International Airport is taking shape. Its first phase is slated to open in mid-2026.

It will replace the current terminal, which opened in 1998.

The terminal, which will be JFK’s largest, is now weathertight. Winding baggage conveyor belt structures have been installed, and you can make out future ticket counters, where customers flying carriers like Turkish Airlines, Air New Zealand, Etihad Airways, Air China, Taiwan’s China Airlines and others will set down their luggage and show their passports to ticket agents.

JFK’s new Terminal 1 under construction.

Leslie Josephs/CNBC

The terminal — set to be roughly the size of the two new LaGuardia Airport terminals that opened in the past decade combined — will be dedicated solely to international travelers, which the developers said is key to the design.

“From the very first pen to paper … we had the international customer in mind,” Jennifer Aument, CEO of the New Terminal One, the company developing the project, said at a press conference at the airport last month.

The new baggage transport system at JFK’s new Terminal 1.

Leslie Josephs/CNBC

CNBC and other media got a look at the construction progress, led by Aument, in early July as part of what the company said will likely be among the last hardhat tours of the facility before opening day.

The project is part of the Port Authority of New York and New Jersey’s $19 billion overhaul of JFK. In addition to Terminal 1, the current Terminal 7, currently home to Alaska Airlines

Advertisement
and Ireland’s Aer Lingus, will be knocked down for a new Terminal 6, whose first gates are set to open next year. LaGuardia Airport’s revamp, in comparison, was about $8 billion.

Read more CNBC airline news

As air traffic grows, airports around the country are racing to replace aging infrastructure.

U.S. airports need at least $173.9 billion for infrastructure upgrades from this year through 2029, according to a report earlier this year by the Airport Council International-North America.

More stories

Trump’s tariffs on Brazil could make your coffee even more expensive

July 11, 2025

Air India crash: What to know about the first fatal Boeing Dreamliner tragedy

June 13, 2025

Howard Schultz says he ‘did a cartwheel’ when Starbucks CEO Niccol coined ‘back to Starbucks’ strategy

June 12, 2025

FDA to consider drug affordability when granting new vouchers to speed up approvals, Makary says

July 14, 2025

“These investments – averaging nearly $35 billion annually – are essential to accommodate airlines and passengers, improve operational efficiency, elevate service quality and customer experience, and fulfill airport resiliency needs,” it said.

The future baggage claim area at JFK’s new Terminal 1.

Leslie Josephs/CNBC

The new JFK Terminal 1 is set to open around the start of the 2026 World Cup, when some games will be held at MetLife Stadium in East Rutherford, New Jersey, about 30 miles away.

More than half of the airlines at JFK are changing terminals in the coming years because of the construction, Aument said.

One thing she pointed to with the new design: “a terminal flooded with light.” That means no basement customs lines.

JFK’s Terminal 1’s new departure hall under construction.

Leslie Josephs/CNBC

The departures hall, security lanes and customs will be on the same level of the three-floor terminal, which features a wall of slanted windows. Its design, led by architecture firm Gensler, is supposed to conjure the image of a butterfly, with the body splitting the terminal down the middle.

The AirTrain, which connects the airport’s terminals and parking lots with train stations in Queens, is already running through the construction site and will stop at the terminal when the facility opens.

JFK’s overhaul also includes roadway improvements around the airport, where traffic has crawled around the biggest hub in the region for years.

JFK’s future Terminal One under construction

Leslie Josephs/CNBC

Terminal 1’s mid-2026 open will include the departure and arrival areas and the first 14 gates, all capable of receiving wide-body aircraft that are used for long-haul flights, and will have a capacity for 14 million passengers a year.

There will be 23 gates — 22 wide-body gates and one narrow-body gate — for planes like an Airbus A320 or a Boeing 737s — when the rest of the project is complete, currently scheduled for 2030.

The final version of Terminal 1 will also have more than 300,000 square feet of dining, retail, lounge and recreational space, with more than half, 180,000 square feet, just for retail and dining.

The future entrance of JFK’s new Terminal 1.

Leslie Josephs/CNBC

Aument said the airport will be the only one in the U.S. with a cash-and-carry duty-free shopping. Generally, customers will make duty-free purchases that are then returned to them before they board their flights, but in this format, they can take them right away.

The new terminal will also have its own microgrid, with solar panels on the roof, that the developer said will enable the facility to have “full resiliency and maintenance of 100% [of the terminal’s] operations in the event of power disruptions.”

‘The eye of the hurricane’: Why the U.S. job market has soured, economists say
Berkshire Hathaway operating earnings dip 4% as conglomerate braces for tariff impact
Related posts
  • Related posts
  • More from author
Business

Shares of American Eagle surge 20% after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

August 5, 20250
Business

Why Black entrepreneurs flock to Martha’s Vineyard every August

August 2, 20250
Business

Trump says he asked 17 drugmakers to take steps to cut U.S. prices within 60 days

August 1, 20250
Load more
Read also
Finance

Ray Dalio sells his last remaining stake in Bridgewater, steps away from hedge fund’s board

August 5, 20250
Economy

Contentious July jobs report confirms the U.S. economy is slowing sharply. Here’s why

August 5, 20250
Earnings

Palantir tops $1 billion in revenue for the first time, boosts guidance

August 5, 20250
Business

Shares of American Eagle surge 20% after Trump calls Sydney Sweeney campaign ‘hottest ad out there’

August 5, 20250
Finance

Fed governors Bowman, Waller explain their dissents, say waiting to cut rates threatens economy

August 4, 20250
Economy

Here’s where the jobs are in this slowing economy

August 4, 20250
Load more
© 2023, All Rights Reserved.
  • About Us
  • Advertise With Us
  • Contact Us
  • Disclaimer
  • Cookie Law
  • Privacy Policy
  • Terms & Conditions