American Association of Airport Executives    Ph: 703.824.0500
601 Madison St., Suite 400, Alexandria VA 22314       Fx: 703.820.1395 / 703.797.9018 (Billing and Registration)

Press Release

AAAE Urges Congress to Speed Airport Construction Projects As Part of Stimulus

For Immediate Release                                  
October 28, 2008 
    

ALEXANDRIA, Va.
-- With Congress poised to consider legislation aimed at stimulating the U.S. economy, the American Association of Airport Executives (AAAE) has urged lawmakers to provide additional funding for airport construction projects and to make changes to existing law that would assist airports in financing infrastructure upgrades at their facilities.

“As the Federal Aviation Administration has just reported, airport infrastructure needs have grown significantly in recent years,” AAAE President Chip Barclay noted today. “Congress can make substantial progress in addressing those urgent needs and create tens of thousands of high-paying construction jobs along the way by providing additional funding for airport improvements and by making minor modifications to existing law relative to airport bonds and debt service.”

Port Authority of New York and New Jersey Aviation Director William DeCota is expected to highlight the benefits of airport infrastructure development tomorrow during a hearing before the House Transportation and Infrastructure Committee on infrastructure investment.

In a recent letter to congressional leaders, AAAE highlighted three specific items that the organization said would simultaneously help airports during these challenging financial times and stimulate the economy by creating high-paying jobs:

A copy of AAAE's recent letter to congressional leaders is available here (.pdf).

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ABOUT AAAE: Founded in 1928, AAAE (www.aaae.org) is the world's largest professional organization representing the men and women who work at public-use commercial and general aviation airports. AAAE's 5,000-plus members represent some 850 airports and hundreds of companies and organizations that support the airport industry. Headquartered in Alexandria, Va., AAAE serves its membership through results-oriented representation in Washington, D.C. and delivers a wide range of cost-effective industry services and professional development opportunities including training, conferences, and a highly respected accreditation program.

CONTACT:
Sean Broderick                       
American Association of Airport Executives
sean.broderick@aaae.org
Office: (703) 824-0500, Ext. 126
Mobile: (571) 283-7715