flow looks at how an innovative model of private financing for consolidated rent-a-car facilities is set to provide numerous benefits to Newark airport, passengers and the rent-a-car industry
Over the past 20-years, consolidated rent-a-car (ConRAC) facilities have become a regular feature at airports nationwide1. These facilities, which are more than just parking garages, consist of multiple components that when combined, make up the foundation of a ground transportation hub and provide numerous benefits to airports, passengers and rent-a-car companies alike.
Recognising their convenience, the Port Authority of New York and New Jersey took advantage of the rare opportunity to bring all rent-a-car companies at Newark Liberty International Airport under one roof – at a convenient, walkable location – as part of the Terminal One Redevelopment Program. The Airport’s development will support a reduction in congestion and noise with an increase in air quality and landside space for development, while the rent-a-car industry will benefit from shared security, fuelling and maintenance resources and enjoy equitable brand competition. Importantly, once opened, passengers will enjoy simplified wayfinding and the efficiency of a single, centralised rent-a-car access point.
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