US: Airports could charge higher fees on airline tickets to fund construction, under Senate bill
Airports could raise airline ticket fees for the first time since 2000 to generate an estimated US$3.2b per year for construction projects, under a bill a Senate panel approved Tuesday. But the airline industry strongly opposes the provision as a "secret tax hike" by raising the federal cap on so-called passenger facility charges from $4.50 to $8.50 per flight, or $34 for a connecting round-trip. The Senate legislation must still be reconciled with the House, which didn’t include a fee hike in its version of the bill. Airports have urged a hike in the fees as a way to fund construction projects such as improving terminals, with $100b in projects looming over the next 5 years. Without the increase, many airports say they have reached the limit on how much they can borrow through bonds. <br/>
https://portal.staralliance.com/cms/news/hot-topics/2017-07-28/general/us-airports-could-charge-higher-fees-on-airline-tickets-to-fund-construction-under-senate-bill
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US: Airports could charge higher fees on airline tickets to fund construction, under Senate bill
Airports could raise airline ticket fees for the first time since 2000 to generate an estimated US$3.2b per year for construction projects, under a bill a Senate panel approved Tuesday. But the airline industry strongly opposes the provision as a "secret tax hike" by raising the federal cap on so-called passenger facility charges from $4.50 to $8.50 per flight, or $34 for a connecting round-trip. The Senate legislation must still be reconciled with the House, which didn’t include a fee hike in its version of the bill. Airports have urged a hike in the fees as a way to fund construction projects such as improving terminals, with $100b in projects looming over the next 5 years. Without the increase, many airports say they have reached the limit on how much they can borrow through bonds. <br/>
