Principato on Congestion Pricing, PFCs and Blogging

Earlier this week ACI-NA President Greg Principato was interviewed by Paul Plack of  The Aero-News Network to get the airport industry’s reaction to the July 13 federal court decision which upheld a Transportation Department rule that gives airports the flexibility to use congestion pricing as one tool to reduce flight delays.

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In the interview, Principato also explained that the airlines position on raising the ceiling on the maximum Passenger Facility Charge to $7 just doesn’t make sense. He noted that that the airlines are better off financially when capital improvements to an airport are financed by PFC-back bonds instead of including the costs of the improvement into the airline’s rate base.

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