Terminal One – Welcoming the World to New York

The new Terminal One will reimagine the international passenger experience at JFK while creating opportunities for local and MWBE businesses across all phases of the project. Occupying the sites of the current Terminal One, Terminal 2 and the site of the former Terminal 3, the new Terminal One will feature 23 new gates, state-of-the-art amenities, and NY-inspired shops and restaurants with a local Queens flavor.

The Team Involved

The Terminal One Team is an innovative coalition of airlines, labor, minority- and women-owned businesses and strong operating and financial partners including The Carlyle Group, together with its dedicated airport platform, CAG Holdings, JLC Infrastructure, Ullico, and Munich Airport International.

Terminal One Group Association (TOGA)

TOGA is a New York-based limited partnership of four international airlines: Air France, Japan Airlines, Korean Air and Lufthansa. TOGA was originally formed in 1994 and entered into a long-term Site Lease with the Port Authority of New York & New Jersey to finance, construct, maintain and operate a new passenger terminal facility at JFK, now known as Terminal One. The Terminal is home to the four TOGA Airlines plus 19 other international airlines and handles 7.6 million passengers a year to over 38 nonstop international destinations in 2018.  With 10 international gates, Terminal One has been operated by TOGA since May 1998 and is one of only two terminals at JFK that can serve the Airbus 380 superjumbo aircraft.

The Carlyle Group & CAG Holdings

The Carlyle Group (NASDAQ:CG) is a global alternative asset manager with approximately $210 billion of assets under management across 335 investment vehicles as of June 30, 2018. Carlyle’s purpose is to invest wisely and create value on behalf of its investors, many of whom are public pensions. Carlyle invests across four segments – Corporate Private Equity, Real Assets, Global Credit and Investment Solutions – in Africa, Asia, Australia, Europe, the Middle East, North America, and South America. Carlyle has expertise in various industries, including aerospace, defense & government services, consumer & retail, energy, financial services, healthcare, industrial, real estate, technology & business services, telecommunications & media and transportation. The Carlyle Group employs more than 1,625 people in 31 offices across six continents. www.carlyle.com

CAG Holdings is The Carlyle Group’s dedicated US-based investment platform for airport infrastructure investment opportunities globally. CAG Holdings is led by an experienced management team with a track record of over 70+ airport projects globally combined with a deep, localized understanding of the US airport market.

JLC Infrastructure

JLC Infrastructure is an investor and asset management firm focused on the transportation, communications, energy, utilities and social infrastructure sectors in the United States. The firm was formed in 2015 by Loop Capital and Magic Johnson Enterprises and currently manages investments in the redevelopments of Terminal B at LaGuardia Airport and Jeppesen Terminal at Denver International Airport (the Great Hall Project).


For more than 90 years, Ullico, the only labor-owned insurance, and investment company have been a proud partner of the labor movement, keeping union families safe and secure. From insurance products that protect union members, leaders, and employers, to investments in building projects that have created thousands of union jobs, our customers continue to trust us with protecting their families, employees, and investments. The Ullico Inc. family of companies includes The Union Labor Life Insurance Company; Ullico Casualty Group, LLC.; Ullico Investment Company, LLC (Member FINRA/SIPC).; and Ullico Investment Advisors, Inc.

Munich Airport International (MAI)

Munich Airport is one of Europe’s 10 busiest airports with connections to more than 250 destinations all over the world. In 2017 Bavaria’s gateway to the world handled approximately 405,000 flights with 44.6 million passengers. Munich Airport became the first – and remains the only – airport in Europe to be recognized as a “5-Star Airport” by the London-based Skytrax Institute.

As a wholly-owned subsidiary of Munich Airport’s operating company Flughafen München GmbH, Munich Airport International (MAI) is responsible for all national and international consultancy, management, training, and investment projects. The almost 100 experts at MAI provide full airport lifecycle services, including airport planning/design, project management, operational readiness and airport transfer (ORAT), commercial development, process reengineering, profit, and revenue optimization, tailor-made training services and comprehensive airport management. In addition to airports, customers also include airlines, ground handlers and airport investors.

Terminal Renderings

23 Gates (incl 22 Wide-Body Aircraft Capable Gates)

to accommodate long-haul international passenger growth at JFK.

Over 230,000 Square Feet

of retail, dining and other concessions.

Join The Team

We continue to grow our world-class team with a particular focus on increasing Minority and Women-Owned Business Enterprises (MWBEs) and local participation. Additional information on our upcoming opportunities can be found in the Work With Us section.

Contact Us

Wondering about our contracting opportunities? Attend one of our upcoming events.