So far, 2010 doesn’t look to be much more friendly for GA than 2009. A New Year’s Eve story by reporter Thomas Frank in USA Today questions whether using FAA funds is appropriate for airports that are privately owned. The article specifies airport properties that are not owned by cities, counties or other municipalities, where FBOs and other airport businesses lease space from the airport “sponsor” — the entity that owns or administers the property. Privately owned airports are in the minority, but are still eligible for federal funds based on their being part of the overall national air transportation system. Though the article did not specify, most privately owned airports are also “public use” airports, meaning that access cannot be restricted. Public-use airports are also subject to federal standards for safety features and upkeep. Also, airport owners must keep the property an airport after receiving federal funds, unless that obligation is removed by the government. Their right to sell the property is thus restricted, and the property value reflects this restriction. Proponents of sustaining privately owned, public-use airports argue that the facilities are a necessary part of the very public national air transportation system, though the land they sit on, and the businesses associated with its operation might be privately owned.
Another Salvo Fired From USA Today
Key Takeaways:
- A recent article questions the appropriateness of using FAA funds for privately owned, public-use airports, despite their role in the national air transportation system.
- These privately owned airports are typically open for public use, subject to federal safety standards, and restricted from being sold or converted after receiving federal funding.
- Proponents argue that funding is justified because these facilities are a crucial part of the public national air transportation system, irrespective of their private ownership.
Key takeaways sponsored by Aviator Pro | Start Your Training ->
See a mistake? Contact us.
