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Aviation Trust Fund in Trouble, FAA Warns

Published Friday, July 01, 2005

Federal Aviation Administration officials are warning Congress to figure out how to address a looming gap between aviation costs and revenue in the Aviation Trust Fund. FAA Chief Marion Blakey told a congressional committee that as Congress prepares to deal with reauthorization of aviation programs in 2007, a long-term funding solution must be found. She describes an “unattractive list of options” if the cost-revenue gap is not addressed and the status quo remains in place. These include imposing limits on facility modernization. FAA has not drafted options for dealing with the funding gap, but is pushing for “a ...

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