JetBlue Technology Ventures Announces Vantage Airport Group As New Innovation Partner
April 25 2019 - 10:00AM
Business Wire
Vantage Airport Group will join JetBlue
Technology Ventures’ International Partnership Program to
collaborate on the future of seamless travel
JetBlue Technology Ventures (JTV), the venture capital
subsidiary of JetBlue Airways, today announced that Vantage Airport
Group (Vantage), a global airport investment, development and
management company, will join its international ecosystem of travel
providers fueling industry innovation.
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The International Partnership Program was established by JTV in
July 2018 to build a network of like-minded global partners
embracing startups and applying emerging technologies within their
companies. The initiative is part of JTV’s mission to improve the
future of travel.
Vantage joins Air New Zealand as the program’s second partner.
The company will collaborate with JTV and Air New Zealand to find
opportunities to improve efficiencies in shared infrastructure and
processes, and enhance the end-to-end travel journey for customers
around the world. The goal is to identify startups and implement
innovation that upgrades customer engagement and experiences
through and within airports.
For Vantage, this partnership program will connect the company
with the Silicon Valley startup scene and deal flow to strengthen
its own innovation culture and sourcing. Vantage has relocated a
Director of Innovation Partnerships to JTV’s offices in Silicon
Valley, to scout, scope, test and implement emerging technologies
at Vantage’s network of airports.
“In our 25-year history, Vantage has always embraced different
ways of making airports better, so this partnership is an important
evolution in our growth as a company committed to innovation,” says
Wes Porter, vice president of innovation at Vantage Airport Group.
“The opportunity to work with like-minded partners to improve the
travel journey through new and emerging technologies is exciting
for Vantage as we seek to enhance the experience of the more than
57 million guests that travel through our airport network every
year.”
For JTV, the addition of Vantage as a program partner expands
opportunities for existing and potential portfolio companies, as
well as other startup partners. JTV plans to announce other travel
and hospitality providers joining the program over the coming
months.
“We’re very excited to welcome Vantage to our International
Partnership Program and look forward to ideating together to create
the airport and travel experiences of the future. It’s powerful to
bring together different stakeholders of the industry to
information share and collaborate at an earlier stage in the
innovation process,” comments Amy Burr, managing director of
operations and partnerships at JTV.
Today’s announcement expands upon the existing relationship
between JetBlue Airways and Vantage Airport Group. In March 2018,
JetBlue selected Vantage and RXR Realty as its development partners
for the airline’s proposed multibillion-dollar terminal expansion
at John F. Kennedy International Airport (JFK).
“Vantage is an industry-leading airport developer committed to
innovation and the customer experience,” said Lisa Reifer, vice
president of infrastructure, properties, and development at JetBlue
Airways. “JTV’s partnership with Vantage will allow us to
collaborate even more closely to ensure our new JFK terminal
embraces emerging technologies to deliver a world-class and more
seamless experience for our Customers.”
About Vantage Airport Group
Passionate about people, performance and place, Vantage Airport
Group is a leading investor, developer and manager of airports
around the world. Since 1994, Vantage has been making airports more
efficient, profitable, sustainable and connected to the communities
they serve. Vantage has lent its expertise to more than 30 airports
in its 25-year history, taking 20 from public to private
management. Its current network is composed of ten airports,
including LaGuardia Terminal B in New York and Midway International
Airport in Chicago. Vantage is also JetBlue Airways’ preferred
development partner for the international terminal redevelopment
project at New York’s John F. Kennedy International. Together,
Vantage airports served 57.7 million passengers in 2018, travelling
on 150 different airlines. For more information on Vantage, visit
www.vantageairportgroup.com.
About JetBlue Technology Ventures
JetBlue Technology Ventures invests in and partners with early
stage startups innovating in the travel, transportation, and
hospitality industries. The company prioritizes investments that
advance the seamless customer-centric journey; technology powered
customer service; the future of operations and maintenance;
distribution, loyalty, and revenue management; and evolving
regional travel. Founded in 2016, JetBlue Technology Ventures is a
wholly-owned subsidiary of JetBlue (NASDAQ: JBLU) and is located in
Silicon Valley, California. For more information, visit
www.JetBlueVentures.com.
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version on businesswire.com: https://www.businesswire.com/news/home/20190425005352/en/
JetBlue Technology VenturesAshley Lowes,
Communicationsashley@jetblueventures.comVantage Airport GroupKate
Donegani, Communicationskdonegani@vantageairportgroup.com
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