Ferrovial, through its Airports division, has appointed Jean-Pierre Tabet as the Asset Management Director in the North America region. Mr. Tabet, who has more than 25 years of aviation industry leadership experience, joins Ferrovial to focus on Ferrovial’s aviation portfolio and drive value creation in this market. He will have near-term responsibility for operations, planning, and stakeholder engagement for the transformative New Terminal One (NTO) project at John F. Kennedy International Airport, for which Ferrovial has served as the lead consortium investor since 2022.
The NTO is poised to be JFK’s largest international terminal and a leading global gateway to and from New York once construction is completed by 2030. New Terminal One (NTO) will offer passengers a premium global travel experience with a 2.5 million-square-foot facility.
“We are delighted to welcome Jean-Pierre to the team. His international experience and partnerships in the sector will be crucial at a time when the company has a strong divisional focus on the US market. Through this addition, we strengthen our local team even further, with a diverse crew of experts focused on this important market for the company,” said Luke Bugeja, CEO of Ferrovial Airports.
Mr. Tabet’s extensive global experience includes senior management positions for some of the world’s major airport operators, such as Fraport, in locations as diverse as King Khaled International Airport in Saudi Arabia, Cairo Airport in Egypt, and his role as Head of Business Development at Fraport USA. During his role as Managing Director of Munich Airport in the United States, he was integral to the successful opening of the new Terminal A at Newark Liberty International Airport in New Jersey.
“I am enthusiastic about joining Ferrovial Airports and the opportunity to lead asset management in the North American region. NTO is an iconic project that will leave a legacy for its local communities for decades to come. I am honored to be part of this exceptional group of professionals, and I look forward to driving success for the future of the company,” said Tabet.
Ferrovial Airports has been in the aviation sector since 1998 and has 25 years of experience in the investment, development, and operation of 36 airports worldwide, including the United States, Australia and Chile. Besides its investment in New Terminal One at JFK, Ferrovial has four airports in the United Kingdom. With a 25% stake in Heathrow Airport, it is its main shareholder and industrial partner and owns 50% of Glasgow, Aberdeen, and Southampton airports.
Last year, in addition to the investment in JFK, it acquired 60% of Dalaman International Airport in Turkey from the YDA group and previously created Ferrovial Vertiports, a leader in the development of the infrastructure necessary to operate electric vertical take-off and landing vehicles (eVTOLs), in the United States and Europe.