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Join Us At 0900ET, Friday, 4/10, for the LIVE Morning Brief.
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Fri, May 10, 2013

Backing Down: FAA Allows Contract Towers To Stay Open

Tower Debacle Ends... For Now

We're fond of quoting the late, great, Will Rogers -- specifically one quote that opines, "Be thankful we're not getting all the government we're paying for...' and again, in light of recent events, we believe that Will was WAY ahead of this time.

ANN has learned that one of the ridiculous messes created by Washington's inability to prove that it has ANY abilities, namely in terms of governing, has come to an end as the FAA and DoT have caved in and relented on their tower closure fiasco.

As statement by DoT, states that, "Transportation Secretary Ray LaHood announced today that DOT has determined that the recently enacted Reducing Flight Delays Act of 2013 will allow the FAA to transfer sufficient funds to end employee furloughs and keep the 149 low activity contract towers originally slated for closure in June open for the remainder of fiscal year 2013. The FAA will also put $10 million towards reducing cuts and delays in core NextGen programs and will allocate approximately $11 million to partially restore the support of infrastructure in the national airspace system."

We're analyzing much got he associated data now and will post more, as well as industry reactions, shortly...

FMI: www.transportation.gov, www.faa.gov

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