Editorial & Advertiser disclosure

Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

Finance

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 read

· Last updated: January 24, 2026

Add as preferred source on Google

Alstom extends contract for John F. Kennedy Airport's AirTrain in New York

Global Banking & Finance Awards 2026 — Call for Entries

(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

Alstom Extends JFK AirTrain Contract for Seven Years

(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)

Key Takeaways

Alstom extends JFK AirTrain contract by seven years.
Contract valued at $518 million with PANYNJ.
Includes an option for three additional years.
Alstom is known for France's TGV high-speed trains.
Enhances operations and maintenance at JFK Airport.

Frequently Asked Questions

What is the main topic?

The main topic is Alstom's contract extension for operating and maintaining the AirTrain at JFK Airport in New York.

What is the value of the contract?

The contract is valued at approximately $518 million.

What does the contract include?

The contract includes operations and maintenance of the AirTrain with an option for a three-year extension.

Forvia to sell its interiors business to Apollo Funds for $2.1 billion

China's DeepSeek slashes prices for new AI model

Night vision gear maker Exosens posts Q1 revenue growth of 19.7%

Germany's Nordex posts strong first-quarter earnings on wind power demand

Eutelsat CEO says US demand holds despite SpaceX push to curb European rivals

Bank of England to keep rates on hold while it gauges impact of Iran war

More from Finance

Explore more articles in the Finance category

Morning Bid: Hormuz and hyperscalers

Kia CEO signals price cuts in Europe to fend off Chinese competition

Taiwan downplays impact of Chinese sanctions on European arms makers

Dollar advances as US-Iran talks suffer setback

Altas Arteria shares jump after IFM Global offers to buy at $4.9 billion valuation

Exclusive-Activist Palliser takes stake in Japan's SMC, proposes $3.8 billion buyback, letter shows

North Korea's Kim says will continue to support Russia's policies, KCNA says

Oil jumps, stock futures slip as US-Iran talks stall

Oil jumps more than 2% as US-Iran peace talks stall

Global military spending rises 2.9% despite US decline over Ukraine freeze

Suspect in White House press dinner shooting wrote anti-Christian manifesto, Trump says

Trump says he speaks with Putin and Zelenskiy -Fox News

View All Finance Posts