Delta Air Lines and JFK IAT said they will spend $175 million to further expand New York JFK Airport’s Terminal 4. JFK IAT is wholly owned by Schiphol USA, a subsidiary of Amsterdam Airport owner and operator Schiphol Group, and privately operates Terminal 4 under a development/management lease from the Port Authority of New York and New Jersey (PANYNJ). In 2011, Delta, JFK IAT and PANYNJ reached a deal under which the airline would move its international operations at JFK to ...

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