Importance of the Airports in NJ and NY Region.
New York City is the USA and World’s Commercial, Busiest, Financial and World’s cultural center, as well as one of the most populated city in the USA. In history, New York has been a Gateway of United States. The Port Authority of New Jersey and New York serving air transport with these three major airports along the busiest air traffic hub in the USA, providing 72 million air world passengers in 1992. The airplane industry not only provides transportation for the region’s passengers and also businesses, but also collect $29 billion annually to the NJ state economy 3.2 percent of the gross regional production.
Economic Effects of Airports and Related Business in the Region
25-County in the metropolitan NY-NJ both regions, the industry of aviation serving 243,700 jobs and $6.6 billion in salaries and wages annually, $22.2 plus annually in economic and sales activity. Following image shows how LGA and JFK serving $25.3 billion to the both states' economies including EWR contributes $4.7 billion.
To support economic activity magnitude, trusted and unrestricted access to airports is absolutely necessary not only for air passengers, but also for airport management staff.
New York and New Jersey airport, port authority consist of largest air cargo center in the world – exemplify that NY is still now economic capital of the world. $9 billion component in the air cargo aviation industry.
John F. Kennedy Internation Airport
JFK has been huge changes since the removal of the regulations of the airline industry. The domestic traffic, reduce in the late 1980’s during fall of major aviation industry when the failure of some largest airline in the industry. Bad events in the Middle East, among with the temporary economic decline in the United States, internationally effected and domestic traffic in 1991. Extension resumed during the 2 years and expected in the future to continue over the long term. New York and New Jersey airport, port authority expected passenger traffic at JFK to increase two points, five per year in the 10 years.
LaGuarda Airport
LGA the support given by a patron reflects the instability of the airline business brought about by regulations or restrictions. During the early 1980’s the sudden powerful due to the fly up of economy and LGA’s business funding. New York and New Jersey airports, port authority expected LGA passenger growth, rising average of 3 percent per year. The 27 million air passengers expected by 2003 may be approaching LGA’s airside capacity, which is totally tight by the runway configuration and latest technology. Depending aircraft capacity, factors of loading and improvements of technical will allow airside capacity increases.