June Centerlines Examines Stimulus Benefits
The June issue of ACI-NA’s quarterly magazine, Centerlines, delves into the American Recovery and Reinvestment Act (ARRA) to explain how the stimulus package is helping to revitalize airports and their communities in a variety of ways. As of March 25, statistics from the Federal Aviation Administration’s (FAA) Airports Financial Assistance Office state that 206 out [...]
Enhanced Passenger Protections a Necessity
ACI-NA applauded the DOT yesterday for its NPRM that broadens the airline passenger protections under the DOT rule which became effective on April 29, 2010. The rule would mandate coordination of airline contingency plans for extended tarmac delays with more than 300 small- and non-hub airports — not just the 66 large-hub airports that the original rule [...]
Summer Travel Forecast
The Air Transport Association (ATA) is predicting a “modest” increase in the number of passengers that will take to the sky this summer. Between June 1 and Aug. 31, the ATA has forecasted that about 202 million passengers will travel globally on U.S. airlines—about 1 percent more than the 2009 summer travel season. Although the [...]
Airport Successes of Selling AMT Exempt Private Activity Bonds Touted on the Hill
By Annie Russo Thanks to a provision included by Congressman Richard Neal (D-MA) in H.R. 4849, the Small Business and Infrastructure Jobs Tax Act of 2010, the Alternative Minimum Tax (AMT) exemption on private activity bonds (PABs) has gained traction on the Hill. H.R. 4849 includes an extension of the provision in the American Recovery [...]
Airport directors honor Rep. Richard Neal with leadership award
In accepting the ACI-NA 2010 Commissioners Congressional Leadership Award, Rep. Richard E. Neal (D-MA) said he will continue to fight the battle for a permanent waiver of the Alternative Minimum Tax, which was eliminated for two years under the American Recovery and Reinvestment Act. “I have fought the battle on AMT for more than a [...]
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