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Investing.com -- Newark Liberty International Airport is set to reopen one of its runways on Monday, following months of repair work, according to officials. The runway is reopening 13 days ahead of the planned schedule, which will allow an increased number of flights to take off and land at the airport.
U.S. Transportation Secretary Sean Duffy had previously stated that flight traffic at Newark would be reduced until the fall season, due to construction on the runway and issues with air traffic. However, the early completion of the renovation work will enable a return to normal flight operations sooner than expected.
The renovation project, which cost $121 million, began in March, leading to the full closure of the runway in mid-April. This left the airport operating with only two runways during a period of high summer traffic. The reopening of the runway will now enhance the airport’s capacity to handle flights, providing a boost to its operations.
United Airlines maintains one of its biggest global hubs in Newark. American Airlines (NASDAQ:AAL), JetBlue, and Southwest Airlines (NYSE:LUV) also have a large presence at the airport.