News - Page 56 of 85 - Stop Air Tax Now!

Written by Nick | August 12, 2019

Growing Missouri airport receives $600K in new federal funding

Missouri’s Cape Girardeau Regional Airport has received a new $600,000 FAA grant that will allow it to undertake a handful of new projects. The airport plans to use the funding for a new fence and possibly more land.

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Written by Nick | August 12, 2019

Laramie Regional Airport to fund terminal expansion with airport improvement grant

Laramie Regional is one of three Wyoming airports that the Federal Aviation Administration has awarded $9.7 million in new Airport Improvement Program grants to. The airport will receive $2,000,036 to renovate and expand its terminal building.

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Written by Nick | August 9, 2019

Congress Shouldn’t Gouge Flyers by Increasing the Passenger Facility Fee

Numbers from the 2019 Budget and Economic Outlook Congressional Budget Office report show that airports currently possess a cash balance of $14 billion in the Airport and Airway Trust Fund, a number that the CBO expects to grow to $56 billion by 2029.

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Written by Nick | August 9, 2019

Congress Shouldn’t Gouge Flyers by Increasing the PFC

Some lawmakers argue that the PFC should be increased to facilitate airport improvements. Yet airports currently have a cash balance of $14 billion in the Airport and Airway Trust Fund, and $70 billion has been dedicated to infrastructure at America’s 30 largest airports since 2008. Rather, a tax increase will only burden America’s low income

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Written by Nick | August 9, 2019

Credit agencies show airports well positioned to adapt to economic cycles

If even there’s a US recession, airports adapt well to financial pressure because their agreements with airlines allow them to increase landing fees and terminal rents even when airlines are in bankruptcy!

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Written by Nick | August 6, 2019

National Air Carriers Association: Tax Increase Makes Airfare Less Affordable

In a letter to Members of Congress, the National Air Carrier Association expressed concerns about efforts in the House to increase the PFC. “Not only are more people flying, which boosts PFC revenues, but other sources of funding for airports – rentals paid by restaurants, retailers, and hotels, in addition to other taxes – are

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Written by Nick | August 6, 2019

Facts about the PFC

Airports have $16 billion in cash on hand. And $200 billion has been invested in airport infrastructure projects since 2008…with more in the pipeline. The numbers do add up, and the numbers show that airports have plenty of money. It doesn’t make sense to ask passengers — who are contributing billions of dollars to airport

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Written by Nick | August 6, 2019

New chief takes over during major overhaul of Minneapolis-St. Paul airport

The airport, the nation’s 17th busiest, is undergoing a seven-year $1.6 billion overhaul — one of the biggest in its history — as it adapts to changing travel trends and a growing number of passengers.

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Written by Nick | August 6, 2019

Dozens of N.C. airports awarded improvement grants

The North Carolina Board of Transportation has approved state and federal grants for various infrastructure improvement projects at a dozen North Carolina airports–including those in Avery and Ashe counties. Almost $7 million in state and federal funding has been awarded for projects that will improve runway lighting, establish new fueling areas, expand taxiways and otherwise