Airports have plenty, and our passengers have had enough.
Airports have the resources they need and passengers already pay too much in air taxes. Congress should hold the line on the Airport Tax and keep the PFC cap where it is.
Understanding the Passenger Facility Charge
U.S. airports charge passengers a PFC, a tax just for using the airport. Under the current system, airports collected $2.8 billion in revenue in 2013 from PFCs alone. Additionally they collected another $2.8 billion in 2014, illustrating that the PFC is a strong revenue generator for U.S. airports. Even with all this revenue, the airports are claiming it’s not enough. They’re asking Congress to hike this tax nearly 90 percent and to have it increase automatically every year.
Airports Don’t Need the Money
Airports have their hands out and are expecting American air travelers to pay more of their hard-earned money without being able to show why they need it. Since 2008, more than $70 billion in capital improvement projects have been completed, are underway or have been approved by U.S. airlines and their airport partners at the country’s largest 30 airports, not to mention hundreds of other airports across the country. Beyond the investments made by airlines, airports have more than $11 billion in unrestricted cash and investments while bringing in more revenue every year – a record-high $24.5 billion in 2013.
Organizations that oppose a PFC increase:
Local communities need a modernized PFC to meet their infrastructure needs.
Airports have more than $11 billion in unrestricted cash plus ready access to the bond market. On top of that, PFCs are back to record levels. There is no need to “modernize” the Airport Tax on the backs of passengers.
Passengers can easily afford a PFC increase.
American consumers are overburdened with federal taxes and fees. Today, federal taxes constitute 21 percent, or $63, of a typical domestic one-stop, round-trip ticket.
If the airports get their tax increase, a family of four taking one round trip could expect to pay up to $136 just in airport taxes. That’s $64 more taken directly out of the pockets of American families.
Airports lack the resources they need for necessary improvement projects.
There simply isn’t a crisis in airport funding. Airports are flush with cash and already receive billions of dollars from both passengers and the government.
Without an increase in the PFC, the Airport and Airway Trust Fund (AATF) will dry up.
The AATF has a healthy $6 billion uncommitted balance and is on course to generate record revenues.
Consumers firmly believe that an increase in the PFC is worth it because of the need for infrastructure like highways, roads, bridges and airports
Americans understand the PFC modernization jargon that airports are using to disguise their desire to hike the Airport Tax. In fact, a recent nationwide survey of 1,000 voters showed that 82 percent of respondents oppose hiking the PFC by nearly 90 percent and tying future increases to inflation.