WASHINGTON,
June 28 /PRNewswire-USNewswire/ -- Airports Council
International -
North America (ACI-NA) today applauded House Transportation &
Infrastructure (T & I) Committee
Chairman Oberstar and House Aviation
Subcommittee
Chairman Costello, as well as T & I Committee Ranking Member Mica
and Subcommittee Ranking Member Petri for providing airports with the
financial tools necessary to fund capital improvements to meet increasing
passenger traffic, encourage price and service competition and improve safety
and security.
The House FAA Reauthorization Act of 2007 introduced Wednesday evening
raises the cap on passenger facility charges (PFCs) to $7.00. PFCs are a local
airport user fee that helps airports build infrastructure to meet airline and
passenger demands to accommodate future growth and improve levels of service.
The bill also provides important funding for the Airport Improvement Program."
Every day we hear about delayed flights and growing passenger
frustration," said ACI-NA President Greg Principato. "The fact is there is
simply no room in the system to absorb the additional demand."
By increasing the PFC ceiling, Congress will enable airports to invest in
the future by building more runways, taxiways, and terminals to better serve
the traveling public, reducing congestion and delays" Principato added.
PFCs have funded more than $50 billion in airport modernization since
1990. Although PFCs are a foundation of airport capital investment, the value
of the PFC has been significantly reduced because of construction cost
inflation.
ACI-NA's recently-released capital needs survey shows that airports must
invest $87.4 billion over the next five years on new airport infrastructure,
such as new runways, terminals and gates, in order to keep pace with projected
passenger and air cargo demand. PFC revenue supports airport bonds and funds
ongoing capacity expansion projects.
ACI-NA has launched a website, http://www.passengersfirstcommitment.org,
where visitors can learn how PFCs directly benefit passengers. The new website
is the online resource for air travelers who are seeking information about
steps airports are taking to increase safety, enhance runway and terminal
capacity, and promote more airline competition to meet the projected surge in
passenger demand.
About ACI-NA:
The mission of Airports Council International - North America (ACI-NA) is
to advocate policies and provide services that strengthen the ability of air
carrier airports to serve their passengers, customers and communities. ACI-NA
represents local, regional and state governing bodies that own and operate
commercial airports in the United States and Canada. ACI-NA member airports
enplane more than 95 percent of the domestic and virtually all the
international airline passenger and cargo traffic in North America. Nearly 400
aviation-related businesses are also members of the association, which is the
largest of the five worldwide regions of Airports Council International.