Munich Airport International GmbH (MAI) is about to begin a 15-year management concession for the new USD2.7 billion Terminal One (T1) at Newark Liberty International Airport.
The Port Authority of New York and New Jersey (PANYNJ) awarded the contract in December 2018 after a competitive tender. In February 2018, the PANYNJ issued a USD1.41 billion design and construction contract for T1 to a joint venture between Tutor Perini and Parsons. Lead design architect is UK-based Grimshaw.
The Newark contract is significant for MAI as its first step into the US airport operations market. Munich Airport operator FMG established MAI in July 2017 as a wholly owned subsidiary to handle international consulting, airport management, and training contracts.
The new 33-gate T1 is being built to replace the old Terminal A at Newark Liberty in 2022. “Prior to this, MAI will manage operations, maintenance, and concessions functions in the existing Terminal A, where it also will make short-term customer enhancements until the terminal’s closure,” parent company FMG noted.
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