28-Jul-2011 10:13 AM
AAAE: FAA shutdown: $125 million and counting in lost funds for aviation system upgrades
Direct News Source
27-Jul-2011 The American Association of Airport Executives (AAAE) today unveiled a "Lost Revenue Counter" on its website -- www.aaae.org -- that documents in real-time the amount of revenue intended for airport and air traffic control system upgrades that has been lost in the wake of the recent shutdown of the Federal Aviation Administration (FAA) and the expiration of the agency's authority to collect aviation excise taxes.
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