Press Release

AAAE Statement On Obama Administration's FY 2011 Budget Request

For Immediate Release
February 1, 2010

Alexandria, Va. -- AAAE President Chip Barclay issued the following statement today following the release of President Obama's Fiscal Year 2011 budget request:

“Given the difficult budget environment, airport executives are gratified to see that the request released today reflects a continued recognition of the need to invest in aviation security and critical airport infrastructure. We look forward to working with Congress in the months ahead to ensure that airports have the tools they need to address aging infrastructure and meet increased safety and security demands. The federal Airport Improvement Program is certainly an important part of that effort, and the President's request of some $3.5 billion for the program represents an important starting point as the debate begins on the FY 2011 budget. Additionally, airport executives remain committed to seeing the enactment of an increase in the federal cap on local Passenger Facility Charges to $7.50 with indexing for construction cost inflation along with a permanent extension of relief from the AMT penalty for airport bonds. Taken together, these measures would improve our infrastructure, stimulate the economy and create good-paying jobs.”

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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 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: (703) 919-6873
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