Hearing to Examine Airport Financing & Development
The Aviation Subcommittee, chaired by U.S. Rep. Frank LoBiondo (R-NJ), will hold a hearing next week on airport financing and development.
The current FAA forecast calls for U.S. carrier passenger growth of an average of 2.2 percent per year over the next 20 years. Given this projected increase in traffic, there may be greater demands on the capacity of the system’s physical infrastructure. Next week’s hearing will examine this capacity, and sources of revenue for airport operations and infrastructure.
The hearing, entitled “Airport Financing and Development,” is scheduled to begin at 10:00 a.m. on June 18, 2014 in 2167 Rayburn House Office Building.
More information about the hearing, including testimony, additional background information, and live webcast, will be posted here as it becomes available.
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