CEO DATELINE - Airport groups criticize infrastructure spending bill
CEO DATELINE - Airport groups criticize infrastructure spending bill
- May 3, 2018 |
- Walt Williams
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The top executives of two airport industry associations say recent legislation reauthorizing funding for the Federal Aviation Administration does not go far enough in addressing critical infrastructure needs at the nation's airports.
The U.S. House of Representatives passed an FAA reauthorization bill April 27 that would spend $3.35 billion per year on infrastructure through 2023, according to CNN. However, in a joint statement, American Association of Airport Executives CEO Todd Hauptli and Airports Council International-North America CEO Kevin Burke said U.S. airports have $100 billion in infrastructure needs through 2021.
The legislation "misses a significant opportunity to provide airports with the resources they require to repair aging infrastructure, make needed investments in their facilities to accommodate rising passenger and cargo volume, and enhance air service competition for the benefit of passengers," the two CEOs said.
Hauptli and Burke said more must be done to address systemic funding problems at airports of all sizes.
"Unfortunately this bill is not the impactful infrastructure plan the aviation industry desperately needs at this critical juncture," they said.
The FAA reauthorization bill next heads to the Senate. http://bit.ly/2FFQGKq
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