BA’s move will see it share the terminal with oneworld partner American Airlines. Improvements at Terminal 8, which will take place in 2022, will include additional aircraft stands, new baggage systems, lounges and premium check-in areas.

Its investment at JFK will include £52 million set aside specifically for new lounges for First and Club Work customers.

Alex Cruz, BA chairman and chief executive, said: “We’re excited to announce our move to Terminal 8, alongside American Airlines, our Atlantic joint-business partner.

“Offering the best customer experience at JFK now and in the future is a top priority. We look forward to working with the Port Authority and American Airlines to continue building a world-class transatlantic travel experience in our new home from 2022.”

The move will allow BA passengers to more easily connect with American Airlines’ domestic services.

BA added bringing its operations and that of American Airlines together in the same terminal would result in more convenient flight schedules for customers.