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jfklganyc
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T5i...what Happened?

Fri Aug 31, 2012 9:12 pm

Anyone in the know on what happened with T5i over at B6?

No construction going on, and by the look of it, none about to start

I know there was an initial dispute with the PANYNJ, is that still ongoing?
 
flyby519
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RE: T5i...what Happened?

Sat Sep 01, 2012 1:52 am

I'd love to know as well. On a friday afternoon they announced the cancellation of Monday's groundbreaking ceremony.
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DLPMMM
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RE: T5i...what Happened?

Sat Sep 01, 2012 2:28 am

Are you talking about JFK?
 
spiritair97
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RE: T5i...what Happened?

Sat Sep 01, 2012 3:53 am

Quoting DLPMMM (Reply 2):

Yup.

Quoting jfklganyc (Thread starter):

I took off from 4L the other day and it looked like construction was imminent. The entire area where T6 used to be was cleared like they were preparing and it was blocked off, with some a320s parked near it. By the way, were they using this area as hardstands for flights?
 
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jfklganyc
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RE: T5i...what Happened?

Sat Sep 01, 2012 12:43 pm

"I took off from 4L the other day and it looked like construction was imminent. The entire area where T6 used to be was cleared like they were preparing and it was blocked off, with some a320s parked near it. By the way, were they using this area as hardstands for flights?"

It's been like that for months. It's just how they finished the demo job
 
werdywerd
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RE: T5i...what Happened?

Tue Sep 04, 2012 10:30 am

Rob Maruster (Jetblue COO) Posted this to his twitter yesterday

Quote:
We'll have to find a new home for our Labor Day BBQs as pilings arrive for T5i next week at JFK (it goes here)! #jobs pic.twitter.com/LFjaQHQN

https://twitter.com/JetBlueCOO

The area where we currently hold our BBQ's is the same area where T5i will be located.

Guess we are almost there!
 
B6JFKH81
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RE: T5i...what Happened?

Tue Sep 04, 2012 9:54 pm

Quoting spiritair97 (Reply 3):
By the way, were they using this area as hardstands for flights?

No, RONs/MX only.
"If you do not learn from history, you are doomed to repeat it"
 
flyby519
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RE: T5i...what Happened?

Wed Sep 05, 2012 3:19 pm

Apparently waiting on some sort of approval from the Dept of Agriculture. B6 wanted to have the customs/immigration and agriculture in the same office area and supposedly agriculture needs an entirely separate office space. So that is the reason for delayed groundbreaking, according to a B6 agent at T4 today.
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jfklganyc
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RE: T5i...what Happened?

Wed Sep 05, 2012 3:55 pm

I don't believe that excuse for a second
 
B6JFKH81
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RE: T5i...what Happened?

Wed Sep 05, 2012 6:13 pm

This is just my humble opinion and does not reflect the opinions and/or facts of B6 in any way, shape or form, but I have a feeling PANYNJ is dragging its feet on stuff because B6 did not finance the project through them. IIRC, B6 was avoiding a finance agreement with PANYNJ (which means less $$ for PANYNJ on the deal). Just a thought.  
"If you do not learn from history, you are doomed to repeat it"
 
flyby519
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RE: T5i...what Happened?

Wed Sep 05, 2012 7:31 pm

Quoting jfklganyc (Reply 8):
I don't believe that excuse for a second

Nor do I...
If it was something mundane like waiting on agriculture dept approval or a finance agreement with PANYNJ then we would have received some further details during the cancellation announcement. "Groundbreaking is cancelled due to financing negotiations with Port Authority" etc.
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jfklganyc
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RE: T5i...what Happened?

Wed Sep 05, 2012 8:18 pm

B6JFKH81 is spot on imho
 
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STT757
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RE: T5i...what Happened?

Wed Sep 05, 2012 8:32 pm

Why the paranoia? It was approved in May with construction set to begin during the Summer, even though we are in September it's still technically Summer.

http://www.crainsnewyork.com/article/20120531/TRANSPORTATION/120539960
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flyby519
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RE: T5i...what Happened?

Thu Sep 06, 2012 6:49 pm

Mark Powers, B6 CFO, today at the Deutsche Bank Aviation conference:

http://seekingalpha.com/article/8506...-conference-transcript?part=single

We are also again, one of the nice things about having a large, if you will, cash balance and a low cost of debt is we are ready, willing, and able to invest in efficiency producing cost savings types of investments. This is just one of the big ones I'll just highlight. I think in a week or two or whenever, we can get the report out to the airport. We're going to break ground on $190 million expansion of our current facility at T5 at JFK. This will provide us additional gates to accommodate the processing of international arrivals. It's a facility that actually will pay for itself. On an operating basis, it's at the least neutral to what we're currently paying at T4. T4 is the building right alongside us, but the big tower. You probably recognize it from all the Delta jets parked all over the place. So it assures us supply. It assures us of low cost. And believe it or not because of the congestion issues at JFK, on a daily basis, we spend the equivalent of one plane at a time taxiing our planes after they've deplaned from T4 and getting to T5. So essentially, cost neutral and we get an airplane back, so it's pretty compelling.

So, it sounds like jetblue needs to send some report to PANYNJ in order to break ground in the next week or two
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