OBAMA BUDGET SEEKS INCREASErnIN PFC CAP FOR LARGE AIRPORTS

摘要

President Obama’s Fiscal Year 2017 budget request proposesrnto restructure the Federal Aviation Administration’srnAirport Improvement Program (AIP) and increase the PassengerrnFacility Charge cap to allow for higher levels of fundingrnfor large airports.rnThe budget request seeks $2.9 billion for grant-in-aid tornairports, a decrease of $450 million from the fiscal year 2016 enacted level.rnAt the same time, the Budget proposed to increase the Passenger FacilityrnCharge (PFC) limit from $4.50 to $8 for all commercial service airportsrnand eliminate guaranteed AIP entitlement funding for large hubrnairports, giving them greater flexibility to generate their own revenue.