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Fri, Jul 16, 2010

Aero-News: Quote Of The Day (07.16.10)

Aero-News: Quote of the Day

ANN's Quote of the Day usually derives from current news, though we reserve the right to pick quotes out of history that have a bearing on the day's events and issues.

Sometimes, you'll find them timely and in keeping with the content of the day's news... and sometimes, they'll just be thought-provoking.

Reader suggestions and comments are welcome... and if particularly intriguing, timely, or poignant, may themselves become future Quotes of the Day.

Let us hear from you, folks!

Aero-News Quote of the Day

"However, few of these fees are taxed for the Airport and Airway Trust Fund, the primary means for funding airport improvement and air traffic control modernization. Aviation excise taxes are necessary to support the Trust Fund, which in recent years has provided about 80 percent of the Federal Aviation Administration’s budget. I am extremely concerned about how unbundling fees will affect the future of the Trust Fund."

Source: House Transportation and Infrastructure Committee Chair James Oberstar, at a hearing concerning unbundled fees such as baggage check and seat selection charged by airlines.

FMI: http://transportation.house.gov

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