This past September, National Express Group of England signed a 99-year lease for Stewart International Airport in the Hudson Valley, making it the first airport to do so under the privatization pilot program. Cintra is a world leader in transportation development. Cintra currently operates ten airports and is the concession operator of Highway 407 in Ontario Canada. Cintra will secure the long-term future of the airport as an engine of economic growth. We want to put together a committee of local stakeholders to be involved on a consulting basis to find ways to assist and advise on how to improve the airport.
Privatization is economic development.
Attracting an international firm to an international city is a great fit. Cintra, a subsidiary of Grupo Ferrovial, specializes in developing, managing, and financing transportation infrastructure concessions. According to Public Works Financing, Cintra is the world's second largest transportation developer. Cintra plans to aggressively attract passenger and cargo service for the Niagara Falls International Airport. In addition, the company will take advantage of the area's tourism assets by developing international charter service.