11-Oct-2010 12:38 PM
FAA proposes increase in overflight charges
US Federal Aviation Administration has proposed an increase in fees charged for overflying the country by 14% p/a for four years from 2012 (Seattle pi, 08-Oct-2010). The FAA said the methodology used for developing overflight fees established in 2001 didn't include overhead costs, and it is spreading the 69% increase required to recover its true costs over four years, to USD56.86 per 100 nautical miles by 01-Oct-2014, compared to approximately USD35.69 per 100 nautical miles currently. IATA said the increase would cost airlines another USD40 million to USD50 million.