Alstom extends contract for John F. Kennedy Airport's AirTrain in New York
Published by Global Banking & Finance Review®
Posted on April 1, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on April 1, 2025
1 min readLast updated: January 24, 2026
Alstom has extended its AirTrain operations at JFK Airport with a $518 million contract for seven years, including a three-year extension option.
(Reuters) - Train maker Alstom has signed a seven-year contract extension for the operations and maintenance of its AirTrains at the John F. Kennedy airport in New York, the French group said on Tuesday.
The contract extension with the Port Authority of New York and New Jersey (PANYNJ) is valued at around $518 million and includes an option for three additional years, the maker of France's TGV high-speed trains said in a press release.
(Reporting by Anna Peverieri in Gdansk, editing by Milla Nissi)
The main topic is Alstom's contract extension for operating and maintaining the AirTrain at JFK Airport in New York.
The contract is valued at approximately $518 million.
The contract includes operations and maintenance of the AirTrain with an option for a three-year extension.
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