JetBlue Says It’s Eyeing a Two-Terminal Expansion at JFK

Jul 21, 2017

This post contains references to products from one or more of our advertisers. We may receive compensation when you click on links to those products. Terms apply to the offers listed on this page. For an explanation of our Advertising Policy, visit this page.

JetBlue is looking to expand its presence in its home town of New York. The carrier announced today that is has plans to build itself a new terminal and possible take over another at New York’s JFK Airport.

The plans it’s developing are for a new terminal located where the former Terminal 6 once stood, which is now a vacant piece of blacktop. Not far from its current base at Terminal 5, the new JetBlue terminal is expected to open in 2020. At this point, JetBlue is looking for a partner to co-invest in the project and it’s soliciting development concepts from designers.

In addition to building its own new terminal, Steve Priest, JetBlue’s CFO, suggested to Crain’s that it could also expand to have a presence JFK’s Terminal 7, which is currently occupied by British Airways. However, at this point, that’s still far off, as the lease for T7 expires in 2022 and would depend on negotiations with British Airways and the Port Authority of New York and New Jersey. If it all works out, JetBlue could take up space in T7 around 2025.

“New York is our number one focus and it’s very important for us to think about our long-term plans and investment here,” Priest said. ” We have the exclusive right to develop Terminal 6 and for us it’s prime real estate.”

Ultimately, the two new terminals could give JetBlue an additional presence at JFK totaling nearly 800,000 square feet. The combined terminals would nearly equal the size of its current 29-gate space in Terminal 5.

The announcement today from Priest and JetBlue is curious, especially considering the rumors that the New York-based carrier has been eyeing transatlantic flights. At this point though, the plans are still in the developing stages and nothing will likely come of this until at least 2020. Nonetheless, it’ll be interesting to see just how much JetBlue plans to expand its presence at JFK.

Bank of America® Premium Rewards® Visa® credit card

This card from Bank of America gets really interesting if you have a BofA checking, savings or investment account. Depending on the value of your combined accounts you can potentially get as much as 3.5x points on travel/dining and 2.625x points on other purchases making it the richest consumer banking bonus out there.

Apply Now
More Things to Know
  • Receive 50,000 bonus points – a $500 value – after you make at least $3,000 in purchases in the first 90 days of account opening
  • Earn unlimited 2 points for every $1 spent on travel and dining purchases and unlimited 1.5 points per $1 spent on all other purchases
  • If you're a Bank of America Preferred Rewards member, you can earn 25%-75% more points on every purchase
  • No limit to the points you can earn and your points don't expire
  • Redeem for cash back as a statement credit, deposit into eligible Bank of America® accounts, credit to eligible Merrill accounts, or gift cards or purchases at the Bank of America Travel Center
  • Get up to $200 in combined airline incidental and airport expedited screening statement credits + valuable travel insurance protections
  • No Foreign Transaction Fees
  • Low $95 annual fee
Intro APR on Purchases
N/A
Regular APR
17.74% - 24.74% Variable APR on purchases and balance transfers
Annual Fee
$95
Balance Transfer Fee
Either $10 or 3% of the amount of each transaction, whichever is greater.
Recommended Credit
Excellent/Good

Editorial Disclaimer: Opinions expressed here are the author’s alone, not those of any bank, credit card issuer, airlines or hotel chain, and have not been reviewed, approved or otherwise endorsed by any of these entities.

Disclaimer: The responses below are not provided or commissioned by the bank advertiser. Responses have not been reviewed, approved or otherwise endorsed by the bank advertiser. It is not the bank advertiser’s responsibility to ensure all posts and/or questions are answered.