Posted by- Neelam Mathews
Aug 6, 2011
The Aerospace Industries Association says it is encouraged by passage of a FAA reauthorization extension today.
“We’re relieved Congress has extended FAA’s operations,” said AIA President and CEO Marion C. Blakey. “This will allow critical work to continue while Congress debates full reauthorization.”
“We’re very glad that Congress has decided to put Americans back to work,” Blakey said. “We urge them to take advantage of this spirit of compromise to pass a full reauthorization bill when Congress returns in September.”
The expiration of the previous extension resulted in furloughs to 4,000 FAA employees, stop work orders to approximately 70,000 construction workers and lost revenues exceeding $380 million.