Home A4A Calls Proposed PFC Hike Wasteful, Unnecessary
 

Keywords :   


A4A Calls Proposed PFC Hike Wasteful, Unnecessary

2014-03-13 05:00:00| Industrial Newsroom - All News for Today

Responding to rationale for Passenger Facility Charge (PFC) hike derived from FAA long-term forecast, Airlines for America's (A4A) Sharon Pinkerton called the move "a revenue grab." U.S. airports have ample resources to fund capital needs. These include investment-grade credit, "ample access" to bond market, $10.6 billion in unrestricted cash and investments (282 days of liquidity), and $4.7 billion in uncommitted funds from federal Airport and Airway Trust Fund. This story is related to the following:Trade Associations

Tags: proposed calls unnecessary hike

Category:Industrial Goods and Services

Latest from this category

All news

31.10Consolidated Financial Statements for the six-month period ended September 30, 2024
31.10Notice regarding the revision of the business results forecasts
Industrial Goods and Services »
05.11Vodafone-Three merger could get green light, watchdog says
05.11Altice USA residential video RGUs down 77,000 in 3Q 2024
05.11Shoppers warned over luxury advent calendar scams
05.11Durable Floor Coating from HMG Paints Transforms FC United\'s SMRE Bar
05.11Teknos Poland Honored by Farby i Lakiery
05.11Xumo teams up with Target to offer Hisense Xumo TVs
05.11KT launches 8K AI-powered IPTV set-top box
05.11Tropical Storm Rafael Graphics
More »