The Band of Life, which was commissioned for the 25th anniversary of the disaster in 2014, has been relocated from its previous location in the atrium in the Liverpool Echo building on Old Hall Street.
The monument is a simple band representing the bond between the families, friends, survivors and fans who were brought together by love for those lost in the tragedy.
The band is a link between them, representing a continuous circle of love bringing the city of Liverpool together to remember. It has 96 lights, each representing a person who died, with the illumination symbolising a commitment to continue to bring light to their life.
A special ceremony was held at JLA on Thursday to unveil the Band of Life in its new location, attended by the Lord Mayor of Liverpool, Cllr Malcolm Kennedy, representatives of the families, senior airport managers and Ian Rush.
Hillsborough Family Support Group chair, Margaret Aspinall, said: "The Band of Life is hugely symbolic, not just to those who died and the families who've lost loved ones, but also the survivors and those who've supported us for so many years.
"I've wanted it to go somewhere that it would be seen by many, many people and Liverpool John Lennon Airport is an excellent location given the large number of people who pass through their doors every year."
The Lord Mayor added: "I am pleased and privileged to have unveiled the Band of Life at Liverpool John Lennon Airport.
"It is a poignant symbol of the 96 innocent football fans that needlessly lost their lives, and a constant reminder of the long fight for truth and justice by their families."
Mayor of Liverpool, Joe Anderson, said: "The Band of Life's new home at Liverpool John Lennon Airport will mean it will be seen by millions of people every year, which is really important as we are committed to forever remembering the 96 lives that were lost.
"It will give people the opportunity to reflect not just on those who died, but also the incredible bravery of their families."
Robert Hough, chairman of Liverpool John Lennon Airport, commented: "When we heard that a new home was being sought for the Band of Life, we were naturally only too happy to offer space for this to be relocated close to the arrivals area in the airport terminal building.
"This will help to ensure that the millions of arriving passengers at the airport, be they visitors to the city region or those returning home, will continue to remember the 96 lives that were lost."