ACI Chimes In On Airport Infrastructure Funding
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.