How JetBlue Secured Fortress-Hub-Level Private Capital For A $1 Billion Boston Logan Rebuild

JetBlue has secured preliminary approval from the Massachusetts Port Authority (Massport) for a roughly $1 billion rebuild of Terminal C at Boston Logan (BOS), using a private-capital structure rather than loading the project onto municipal tax rolls or relying on classic legacy-airline balance sheets. The plan, tied to a proposed 30-to-35-year facility lease with JetBlue, infrastructure developer Vantage Airport Group, and Massport, would replace aging 1960s concourses with a modernized 300,000-square-foot footprint. The redevelopment targets better passenger flow and airfield efficiency for 11.7 million travelers annually.