Sequestration Pushes FAA Into Chapter 11 | Aero-News Network
Aero-News Network
RSS icon RSS feed
podcast icon MP3 podcast
Subscribe Aero-News e-mail Newsletter Subscribe

** Airborne 12.17.14 ** HD iPad-Friendly -- Airborne 12.17.14 **
** Airborne 12.15.14 ** HD iPad-Friendly -- Airborne 12.15.14 **
** Airborne 12.12.14 ** HD iPad-Friendly -- Airborne 12.12.14 **

Mon, Apr 01, 2013

Sequestration Pushes FAA Into Chapter 11

Will Follow The Industry Template For Reorganization

ANN April 1 Special Coverage

Citing the cuts forced on the FAA by sequestration, Administrator Michael Huerta today announced that the agency would be entering Chapter 11 in an effort to completely reorganize the agency.

In testimony before the House Transportation Aviation Subcommittee last month, Huerta pointed out that but bulk of the cuts being imposed on the DOT would fall on the FAA, and today he said he would be following the example of so many of the businesses regulated by the agency and basically start from scratch. "Everything is on the table," Huerta said in a hastily-called news conference.

"We'll be looking at everything from certification to the number of controllers working at towers around the country. Safety will continue to be our number-one priority, but if you're going to run government like a business, well, this is one of the options available in the corporate world."

The agency has retained the law firm Gabb and Steele to represent it during the proceedings. "We expect to emerge from Chapter 11 as a more efficient and nimble agency able to better respond to the needs of the industry," Huerta said.

"What's good for the goose is good for the gander, and it will give us valuable insight as to what the industry faces during trying economic times."

The move has the blessing of both DOT Secretary Ray LaHood and President Obama, who said it was appropriate to spread the wealth around among attorneys. The White Hose said it was a jobs-creation measure, estimating that the case would mean several hundred jobs in the legal sector alone.

FMI: www.faa.gov

Advertisement

More News

Dassault Aviation Reveals First Falcon 8X

Next Step: Maiden Flight In First Quarter 2015 Dassault Aviation on Wednesday rolled back the curtains on the ultra long range Falcon 8X, the company's new flagship and the latest >[...]

Evergreen Museum Says Its 'Business As Usual'

Some Of Its Aircraft Are On Loan From Company Reorganizing Under Bankruptcy Laws The Evergreen Aviation and Space Museum in McMinnville, OR says that it is doing just fine, thank y>[...]

Airborne 12.15.14: A380 Future, More USA Today Disappointments, Jetman FORMATION

Also: Comet Water Differences, Garmin Datalink, Bogert Battery Boxes, WSI/iOs, Mistletoe Copter Fail Airbus hasn't seen a single airline order for its double-decker A380 superjumbo>[...]

NTSB Prelim Released From Gaithersburg, MD Phenom Accident

Six Fatally Injured When Plane Impacted A Home The NTSB had released its preliminary report from an accident which occurred December 8, 2014 involving an Embraer EMB-500 Phenom 100>[...]

Airborne 12.17.14: Evergreen Woes, Foolish Pilot Tricks, No 757 Replacement--Yet

Also: $1M Aero-Photo, Draken Gets A-4s, 'Super Dell' Acts Super Dumb, Legendary Bell 47, Osprey Hours Evergreen Vintage Aircraft, LLC, the company that owns many of the aircraft on>[...]

blog comments powered by Disqus



Advertisement

Advertisement

Podcasts

Advertisement

© 2007 - 2014 Web Development & Design by Pauli Systems, LC