Airport execs want Congress to raise facility fee cap
Airports are lobbying Congress to raise the facility fees paid by passengers to as much as $8.50 from the 15-year-old cap of $4.50, CNNMoney.com reported. The additional funds would help pay for things like better terminals and new runways, according to airport executives.Construction costs have jumped, according to American Association of Airport Executives President and CEO Todd Hauptli. “Airports can buy roughly half of what they did 15 years ago with that amount,” he said. His organization points out that even if the cap is increased, that doesn’t mean every airport will charge passengers the maximum of $8.50.
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