PANYNJ Ponders ACY Buy

 - June 28, 2019, 12:19 PM

The Port Authority of New York & New Jersey (PANYNJ) will initiate a study to possibly acquire Atlantic City International Airport (ACY) at the behest of several state lawmakers. The airport, which features a 10,000-foot main runway, serves the southern coastal region of the state in addition to the city’s gambling enclave. It is home to a single FBO and sees approximately 160 operations a day, according to the FAA; more than one-third of those are general aviation or air-taxi flights.

While the agency briefly ran the airport earlier in the decade, it is owned and currently managed by the South Jersey Transportation Authority.

In addition to the three major metropolitan New York area airports (John F. Kennedy International, Newark Liberty International, and La Guardia), the PANYNJ operates business aviation hub Teterboro Airport and Stewart International Airport, another small joint civil/military-use airport in New York’s Orange County, which it acquired in 2007. The legislators are hoping a PANYNJ takeover could boost commercial traffic at ACY, which is currently served by just one airline.