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FAA Plans $1 Billion Spending Boost By 2012

Mar 9, 2007
By Adrian Schofield/Aviation Daily

FAA plans to increase its capital spending on modernization efforts by more than $1 billion a year by fiscal 2012, with the largest increase -- nearly $500 million -- slated for FY2009.

Spending is expected to be about $2.5 billion in FY2008 and $3.5 billion four years later. The bulk of the capital increase will be in projects supporting the Next Generation Air Transportation System (NextGen).

Read the full news report here @ Aviation Week

Labels: 1-5-billion, 2012, 2012-aviation, airlines, airlines-usa, aviation, aviation-usa

Alitalia says 2007 revenues from air traffic could be €4.7 billion

March 9, 2007

Alitalia said Friday that it sees 2007 revenues from air traffic at about €4.7 billion (US$6.18 billion) as the struggling airline tries to return to profitability.

Read more from this news report @ International Herald Tribune

Labels: 2007-airlines, 2007-italy, 2007-mar, 2007-mar-airlines, 2007-mar-europe, 5-10-billion, airlines, airlines-europe, airlines-italy, italy