Port Authority of New York and New Jersey, which operates New York JFK, New York LaGuardia, Newark Liberty and Stewart International, announced a preliminary $6.3 billion budget for 2010 that calls for flat operating expenses for the second consecutive year and 150 layoffs in response to "an economic downturn that is expected to reduce facility activity more than originally forecasted." It said "priority projects" will be maintained with $3.1 billion in capital ...

Subscribe to Access this Entire Article

"Other news" is part of ATW Plus, our online premium membership. Subscribing will provide you access to exclusive news, carefully researched airline financial, fleet and traffic data, plus the option to receive our popular, award-winning print magazine. To learn more, click here. If viewing via ATW Mobile, please login and click "Read web article" to view fully. Questions? ATWPlus@penton.com.

Already registered? here.