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Airport Funding: Aviation Industry Changes Affect Airport Development Costs and Financing: Congressional Testimony
Gerald L. Dillingham (au)
Statement of Gerald L. Dillingham, Ph.D., Dir., Physical Infrastructure Issues, GAO. U.S. airports provide mobility for people and goods both domestically and internationally and often contributing to the economic success of the communities served. Since 2007 when GAO last reported on airport funding and its sufficiency to meet planned development of airport infrastructure, there have been significant changes in the aviation industry and federal support for airport development has declined. As deliberations begin in advance of the Fed. Aviation Admin.äó»s (FAA's) reauthorization in 2015, Congress will consider the best type, level, and distribution of federal support for development of the national airport system. This testimony discusses trends in (1) aviation activity at airports since 2007; (2) costs of airports' planned development; and (3) federal funding and airport revenues that may be available to finance development costs. Figures and tables. This is a print on demand report.
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