- Nov 7, 2005
- Total Time
JetBlue Airways Corp. said Thursday John F. Kennedy International Airport's Terminal 6 will be demolished on the heels of its move-in to its new home in Terminal 5.
The discount carrier did not say when it expected the building to come down.
The company had planned on keeping the terminal open, but it had not yet disclosed whether it would sell the building or keep it to park its own planes. The two terminals are close together on one side, making half the gates at the old terminal unusable.
In a conference call, Chief Executive Dave Barger said the carrier had a "near-seamless" transition into its new facility on Wednesday. He called Terminal 6 "cramped and worn-out," noting the space is more than 40 years old.
JetBlue took an $8 million charge to its books in the third quarter to account for the planned demolition.
Earlier Thursday, JetBlue said it swung to a third-quarter loss, but still came in ahead of Wall Street's expectations.