June 1, 2016 LAGUARDIA CENTRAL FACT SHEET About the

June1,2016

LAGUARDIACENTRAL

FACTSHEET

AbouttheProjectLaGuardiaGatewayPartnersistheprivatepartnerofthePortAuthorityofNewYorkandNewJerseytodeliverLaGuardiaCentralTerminalB,anextensivecapitalredevelopmentprojectthatwillprovideworld-classfacilitiesforpassengersandairlines.LaGuardiaCentralisapublic-privatepartnershipthatincludesfinance,design,construction,operationandmaintenanceoftheLaGuardiaAirportCentralTerminalB,withaleasetermthrough2050.LaGuardiaCentralincludesanew35-gateTerminalB,GreatHall,WestGarage,relatedroadwaysandsupportinginfrastructure.AboutthePartnersLaGuardiaGatewayPartnersiscomposedofVantageAirportGroup,SkanskaandMeridiamfordevelopmentandequityinvestment;Skanska-Walshasthedesignbuildjointventure;HOKandWSP|ParsonsBrinckerhofffordesign;andVantageAirportGroupformanagementoftheoperations.LaGuardiaGatewayPartners’membershaveworkedonmorethan350aviationandtransportationprojectsgloballyanddomestically,includinginternationalairportsinNewYork(JohnF.Kennedy),Chicago,Doha,Delhi,LosAngeles,Santiago,andNassau.Formoreinformation,visitwww.laguardiagatewaypartners.comorfollowonTwitterat@LGACentral.BytheNumbers1• $4billionprojectvalue,ofwhichtwo-thirdswillbefinancedbyprivatefunds• 1.3millionsquarefeetofnewterminal• 14+millionpassengersin2015(halfofLaGuardiaAirport’scurrenttotalpassengertraffic)• 35gates(sameasexistingterminal)• 8airlinesoperateoutoftheterminal:AirCanada,AmericanAirlines,FrontierAirlines,JetBlue,

SouthwestAirlines,UnitedAirlines,SpiritandVirginAmerica• $1.3billioninwagesand$5.2billioninregionaleconomicactivity2• 39monthstoopeningofsignificantportionsoftheterminal,when100percentofpassengerswill

checkinatthenewheadhouse• Dualpedestrianbridgesthatspanactivetaxilanes-afirstintheworld• June1,2016:firstdayofLGP-ledterminaloperationsFormoreinformation,visitwww.laguardiagatewaypartners.comorfollowonTwitterat@LGACentral.

1AllstatisticscourtesyoftheofficeofNewYorkGovernorAndrewCuomo,thePortAuthorityofNewYorkandNewJerseyandLaGuardiaGatewayPartners2PortAuthorityAdvancesMajorModernizationProjects,March24,2016PressRelease

Timeline

• January2013:Qualificationssubmitted

• July2013:Shortlistingannounced

• April&May2014:Proposalssubmitted

• May2015:LaGuardiaGatewayPartnersselectedasPreferredBidder

• July2015:NewYorkGovernorAndrewCuomounveilsvisionforLaGuardiaAirport

• March2016:LeaseauthorizationapprovedbyPortAuthorityofNewYorkandNewJersey

• June1,2016:LeasecommencementandLaGuardiaGatewayPartnerstakesoveroperationsofexistingCentralTerminalBfromPortAuthority

• June1,2016to2022:CentralTerminalRedevelopmentProjectconstruction

• June1,2016toDecember30,2050:LaGuardiaGatewayPartnersoperatesandmaintainsexistingTerminalBand,uponcompletion,thenewCentralTerminal

RenderingsandCaptions

Toaccesshigh-resolutioncopiesofthefollowingrenderings,pleasevisithttp://laguardiagatewaypartners.com/media/#renderings/

#1Before:

Originallyopenedin1964,LaGuardiaAirport’sTerminalBcurrentlyservesthemajorityoftheairport’sairlinesand14+millionpassengersperyear,althoughtheterminalwasbuilttoaccommodate8million.

#2After

KeyfeaturesofthenewLaGuardiaCentralincludepedestrianbridgesovertheactivetaxilaneswithsweepingviewsoftheairfieldandtheManhattanskylinebeyond.

#3DualPedestrianBridges:

Thefirstofitskindintheworld,LaGuardiaCentralwillfeaturedualpedestrianbridgesspanningactiveaircrafttaxilanes,allowingforimprovedaircraftcirculationandgateflexibility.

#4PedestrianBridge:

PedestrianbridgeswillconnecttheCentralTerminalwithConcoursesAandB,providingtravelersauniqueviewoftaxiingaircraft.

#5RetailandGateSetting:

Themorethan1.3millionsquarefeetofthenewCentralTerminalBuildingwillbefloodedwithnaturallightandfeatureexcitingfood,retailandbeverageoptionsforpassengers.