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The Federal Aviation Administration Needs to Address Major Air Traffic Operating Cost Control Challenges

By General Accounting Office

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Book Id: WPLBN0000034141
Format Type: PDF eBook
File Size: 0.1 MB
Reproduction Date: 2005
Full Text

Title: The Federal Aviation Administration Needs to Address Major Air Traffic Operating Cost Control Challenges  
Author: General Accounting Office
Volume:
Language: English
Subject: Government publications, Accountability in government, United States. General Accounting Office
Collections: Government Library Collection, Government Accountability Integrity Reliability Office Collection
Historic
Publication Date:
Publisher: United States General Accounting Office (Gao)

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APA MLA Chicago

Office, G. A. (n.d.). The Federal Aviation Administration Needs to Address Major Air Traffic Operating Cost Control Challenges. Retrieved from http://www.worldebooklibrary.org/


Description
Government Accountability Integrity Reliability Office Collection

Excerpt
Excerpt: Unless revenue projections improve significantly or ATO implements significant cost reduction and control measures, the projected financial outlook for its operations is bleak. Air Traffic Services operating expenses experienced real growth of $1.8 billion (43 percent) between fiscal years 1996 and 2004, and ATO expects its operating expenses to significantly outpace available funding through fiscal year 2010. As a result, it projects a cumulative operating budget deficit of nearly $4 billion. Further, the historical growth in operating expenses has contributed to an increasing reliance on the Airport and Airways Trust Fund to cover operating costs, and the Trust Fund?s balance is expected to fall to $1. billion by the end of fiscal year 2006.

 

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