Port Authority of New York & New Jersey authorises purchase of operating lease at Stewart International Airport.

0 Comments | M2 Presswire, January, 2007

M2 PRESSWIRE-29 January 2007-PORT AUTHORITY OF NEW YORK & NEW JERSEY: Port Authority of New York & New Jersey authorises purchase of operating lease at Stewart International Airport(C)1994-2007 M2 COMMUNICATIONS LTD RDATE:29012007 Agency Acts to Relieve Air Traffic Congestion at JFK, Newark, LaGuardia and Teterboro Airports, and Create Capacity for Future Passenger Traffic Growth The Port Authority Board of Commissioners today took a major step toward reducing congestion at the metropolitan area airports and preparing for the anticipated growth in air travel by authorising the purchase of the operating lease at Stewart International Airport in Newburgh, N.Y.

The Board's action allows the agency to purchase the operating lease from National Express...