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"ACI Chimes In On Airport Infrastructure Funding"

Thursday, January 25, 2007

ACI Chimes In On Airport Infrastructure Funding
By Glenn Pew

The Airports Council International-North America (ACI) recently announced
its hopes for the FAA's next reauthorization bill with a focus on passenger
facility charges (PFCs) and airport improvement program (AIP) funds,
according to a recent report by Aviation Week. ACI believes that inflation
will reduce the impact of PFCs while the air transportation system bloats
with 300 million new users over the next decade. To prepare for the
passenger surge, ACI urges that PFCs in coming years be increased to adjust
for inflation and AIP funds be protected to ensure that all airports in need
get the TLC they'll need. According to ACI, it's a matter (in part) of
recognizing PFCs as an indispensable part of funding projects; converting
their taxable perception from private party bonds to use as public purpose
bonds; and rolling them out on a widespread basis. Working together with the
American Association of Airport Executives, ACI hopes to lobby for shared
interests through congressional hearings, testimony and comments.

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