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When was the Airport and Airway Trust Fund created?

1970

Air Transport Association Comments on Passage of House Reauthorization Legislation

09.20.07

STATEMENT

WASHINGTON, Sept. 20, 2007 – The Air Transport Association of America (ATA), the industry trade organization representing leading U.S. airlines, today commented on the passage of H.R. 2881, the “FAA Reauthorization Act of 2007:”  

“The House bill does little to promote NextGen or correct the subsidy of corporate jets by airline passengers. Even worse, it imposes a $2.2 billion tax increase on passengers in the form of airport facilities charges,” said ATA President and CEO James C. May.  

ATA airline members transport more than 90 percent of all U.S. airline passenger and cargo traffic. For additional information about the industry, visit www.airlines.org.  

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Source: Air Transport Association
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