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Wed, Mar 01, 2006

Aero-News Quote Of The Day (03.01.06)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"The real solution is not reducing traffic to fit capacity. We must expand capacity to handle the growing traffic."

Source: DOT Secretary Norman Mineta, speaking at the FAA Forecast Conference Tuesday in Washington, DC. In his speech, Mineta predicted domestic air travel will top one billion passengers a year by 2015 -- whether the nation's aviation system is prepared to handle it or not. Mineta also said the FAA will need a new funding stream to handle the impending crisis; currently, trust fund revenues are collected based on a percentage of the cost of airline tickets --  and those revenues have dropped in recent years due to cheaper airfares.

FMI: www.dot.gov, www.faa.gov

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