2007 Press Releases

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NBAA Lauds Finance Committee Action on FAA Modernization Bill

Contact: Dan Hubbard at (202) 783-9360 or [email protected]

WASHINGTON, DC, September 21, 2007 – The National Business Aviation Association (NBAA) today applauded the Senate Finance Committee for approving the "American Infrastructure and Investment Act," legislation designed to provide additional funding to modernize the nation's aviation system.

The legislation was approved by the Finance Committee today as part of Congress's multi-year "reauthorization," or funding process for the Federal Aviation Administration (FAA). It provides additional funding for the FAA through sources including an increase in general aviation fuel taxes.

"NBAA commends Senators Baucus and Grassley and the other Finance Committee members for their efforts to modernize the aviation system by building upon proven, reliable and ultra-efficient fuel taxes," said NBAA President and CEO Ed Bolen. "We agree with the committee that everyone should support the NextGen effort, and that the best way for general aviation to contribute is by 'paying at the pump.'"

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Founded in 1947 and based in Washington, DC, the National Business Aviation Association, Inc. (NBAA) is the leading organization for companies that rely on general aviation aircraft to help make their businesses more efficient, productive and successful. The Association represents more than 8,000 companies and provides more than 100 products and services to the business aviation community, including the NBAA Annual Meeting & Convention, the world's largest civil aviation trade show. Learn more about NBAA at www.nbaa.org.

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