News / New lease of air cargo life promised for New York JFK Airport as investment flows

Following a bumper year for air cargo, operators have continuing confidence in the sector, with FedEx and WFS making substantial investments at two key gateways.

WFS has signed a 15-year lease on a 346,000 sq ft cargo terminal at JFK International, representing the first phase of the Port Authority of New York and New Jersey’s plan to improve the airport’s reputation.

Governor Andrew Cuomo said JFK was being transformed into a “state-of-the-art” airport and a “major economic engine”.

He added: “This much-needed modernisation of JFK’s cargo ...