Fri, Apr 27, 2012
ACI-NA President Urges U.S. To Invest In Infrastructure
In his welcome address to the 2012 Airport Cities World Conference & Exhibition in Denver Thursday, Greg Principato, president of Airports Council International-North America (ACI-NA), urged the U.S. Government to step up its investments in infrastructure, particularly airports.
In his speech, Principato shared the highlights of ACI-NA’s recent economic impact study which found that U.S. airports are responsible for $1.2 trillion of economic activity and 10.5 million jobs. He emphasized, “Beyond what we can measure, the power of the United States as a 21st century economic power would simply be impossible without aviation and airports. But we are in danger, in this country, of taking that for granted.”
He went on to explain that the current aviation financing system is outdated and we are in need of a modern system for financing needed infrastructure. Referring to the recently passed FAA Reauthorization bill, Principato noted it “…not only keeps the lid on airports, but reduces federal support for infrastructure investment without providing recourse to airports and their communities to take their growth plans into their own hands.”
Principato laid out a challenge to the aviation community near the end of his remarks. “Over the next three years we are prepared to work with airlines and others to construct a new modern system to build and upgrade infrastructure. A system that gives airports and their communities the ability they need to invest in modern infrastructure, a system that permits our air transportation system, and the companies within it, to flourish, a system that positions our nation as a key linchpin in the global economy throughout the 21st century and beyond.”
“In short, we are talking about the need for a comprehensive aviation policy that addresses the needs of airlines, aviation infrastructure and airports,” Principato reiterated.
Fun Places To Fly All gassed up and no place to go? "Fun Places To Fly" has an ever growing list of Aviation Events and Fun Places to Fly, provided by pilots like you who love avia>[...]
Control surface rigged such that the aileron moving up moves a greater distance than the aileron moving down. The up aileron produces extra parasite drag to compensate for the addi>[...]
"While the IRS will complete open audits, management companies can be secure in the fact that while additional guidance is developed, they will not face potentially crippling tax a>[...]
It's For Real! ANN REALTIME NewsBug Released To ANN Readers, Worldwide For those of you using a windows PC (MAC version in the works... we promise), a new REALTIME News Service fro>[...]
Crowdfunding Effort Has A Goal Of $800,000 Online fundraising efforts called "Crowdfunding" are all the rage these days, with entrepreneurs using the campaigns to raise money to es>[...]