PANYNJ October meeting
REPORTS DEPRESSED REVENUES MANY OTHER AIRPORT ACTIONS
In the October meeting important
financial status was
discussed, taxi fees deferred,
new advertising contracts approved
a new Spirit Airlines
lease extension for three years
at Newark Airport.
Economic news continued
to be grim despite incremental
growth in airline travel, there
is still a huge drop since the
pandemic compared to 2019.
The Port documented the
dramatic drop in revenues and
now cites a $3 billion shortfall
for the next 2-year budget. Attention
to this need has been
conveyed to the Whit House,
and many members of Congress
have supported funding
the Port and its important infrastructure
projects.
Third Quarter PATH
Ridership Down 81 Percent
from 2019; in Third Quarter,
Bridges and Tunnels Traffic
Decreased 14 Percent from
Third Quarter 2020.
Airport statistics include
numbers for the third quarter
of 2020, from July through
September, total combined
passenger volumes at John F.
Kennedy International, Newark
Liberty International
and LaGuardia airports were
down an estimated 84 percent
compared to the third quarter
of 2019. In Third Quarter,
Passenger Volumes Down 84
Percent at JFK, Newark Liberty,
ABM & Port Authority team cut ribbon at ABM Parking Office, Terminal B.
AIRPORT V 18 OICE, NOVEMBER 2020
LaGuardia Airports
from 2019. Based on the week
of October 19, 2020 to October
23, 2020, passenger volumes
at Port Authority airports
for that week were down by
77 percent compared to the
October 2019 weekday average,
based on TSA checkpoint
entries. Drops In the three
months, July: 1,720,868, or 87
percent decrease from July
2019. August: 2,137,361, or 84
percent decrease from August
2019, September: 2,079,075, or
82 percent decrease from September
2019. To help increase
these numbers the Port has
instituted a Resumption of
services Program. ( see more
in accompanying story in this
issue).
Advertising
Contracts
Contracts were signed with
new advertising companies.
These replace the 15 year contract
that the Port had with
JCDecaux which ran from
2005-2020. Thee Board authorize
the Executive Director
to enter into agreements with
the following entities: Clear
Channel Airports (Clear
Channel Airports) to install,
operate, and maintain advertising
assets at the Port Authority’s
passenger airports,
John F. Kennedy International
Airport (JFK), LaGuardia
Airport (LGA), Newark
Liberty International Airport
(EWR) and New York Stewart
International Airport (SWF).
Clear Channel Airports is an
experienced out-of-home advertising
firm specializing in
aviation assets. Clear Channel
Airports has the largest airport
advertising market share
in the United States, operating
at 28 of the top 50 U.S. airports
by passenger traffic volume.
The contract with Clear Channel
Airports would have an
initial term of 12 years, with
a five-year extension option, at
the Port Authority’s sole discretion.
Clear Channel Airports
would pay the Port Authority
the greater of (i) a total
minimum annual guarantee
(MAG) payment of $61 million,
or (ii) a percentage share
of gross revenue. Clear Channel
Airports also would make
capital expenditures, totaling
approximately $63 million,
subject to Port Authority approval.
(2) Intersection Media,
LLC (Intersection) to install,
operate, and maintain advertising
assets at Port Authority
Trans-Hudson rail system
(PATH) stations and trains; (3)
Branded Cities Network, LLC
(Branded Cities) to install, operate,
and maintain advertising
assets at the Port Authority
Bus Terminal and George
Washington Bridge Bus Station;
and (4) OUTFRONT Media
LLC (Outfront) to install,
operate, and maintain exterior
billboard advertising assets
at several Port Authority
properties.
Spirit Lease
extension
Board authorized the Executive
Director to enter into
a supplement to Lease ANC-
856 with Spirit Airlines, Inc.
(Spirit) for the continued use
of Gates 41, 41B and 42, and associated
operational space, in
Terminal B1 at Newark Liberty
International Airport
(EWR). This supplement would
extend the term of the lease for
a three-year period, commencing
on January 1, 2021 and ending
on December 31, 2023. The
lease, which originally covered
Gates 41 and 41B and associated
space, commenced on
January 1, 2019, and has been
extended through the end of
2020, pursuant to the authority
of the Executive Director
under the By-Laws. Gate 42
was added to the leasehold in
September 2020. Spirit has operated
at EWR since 2016, initially
subleasing a gate from
Delta Air Lines, Inc., as well
as using gates in common with
other carriers
Deferred for-Hire
Surcharges
It was recommended that
the Board authorize the Executive
Director to adjust the
time line for implementation
of a previously authorized access
fee to be charged on forhire
vehicles (“FHVs”) and
taxis operating at John F. Kennedy
International Airport,
Newark Liberty International
Airport, and LaGuardia Airport
(collectively, “Airports”).
At its meeting of September 26,
2019, the Board authorized the
Executive Director to adjust
certain tolls and fees. Among
these was an access fee to be
paid by FHVs and taxis operating
at the Airports. The Airports
access fee, though authorized
in September 2019, was
to be effective beginning this
month. The delayed effective
date is the result of the impact
of COVID-19 and further time
needed to finalize implementation
plans. Accordingly, staff
recommended that the date on
which the Airports access fee
will be effective should be deferred,
until April 5, 2021.
(L-R) Bryan Perez (ABM Operations Manager), Ana Batista (ABM Quality Assurance Manager), Tony Vero ( GM LGA) -Dimas Perez (ABM GM)-Fred Ramos ( PANYNJ) , Mario Cassinelli (ABM –
Employee Sales Office Manager), Samina Salahuddin (ABM Sales Office Clerk), Nicole Habib – (PA Redevelopment). Thanks,Tony Vero, Dimas Perez, Ferdinand Ramos,