Press Release – FAA Statement

The FAA has spent $7.5 billion in congressionally appropriated funds on the air traffic modernization program known as NextGen over the past seven years. That investment has resulted in $2.7 billion in benefits to passengers and the airlines to date, and is expected to yield more than $160 billion in benefits through 2030.

NextGen is one of the most ambitious infrastructure and modernization projects in U.S. history. Its successful, ongoing rollout is the result of rigorous acquisition, program and portfolio management, and stakeholder engagement with the airline industry and other members of the aviation community. The FAA invited airline stakeholders to …read more

Source: http://www.faa.gov/news/press_releases/news_story.cfm?newsId=21435&omniRss=press_releasesAoc&cid=102_P_R

Section:
Filed in: FAA Press Releases

You might like:

South Sioux City adopting new drone regulations South Sioux City adopting new drone regulations
Man Dies From Injuries In Skydiving Accident; 15th Death At Lodi Facility Since 2000 Man Dies From Injuries In Skydiving Accident; 15th Death At Lodi Facility Since 2000
Company to pay millions over fire at Atlantic City FAA facility Company to pay millions over fire at Atlantic City FAA facility
Durango-La Plata County Airport expanding parking lots ahead of holidays Durango-La Plata County Airport expanding parking lots ahead of holidays
© 2014 FAA Daily.com. All rights reserved. Web hosting by Lambda Host.
Proudly designed by Theme Junkie.