The Obama administration’s proposed budget for airport grants could have a big impact on small airports, despite assertions to the contrary in the budget documents, because of a “double entitlement” trigger in the funding formula for the Airport Improvement Program (AIP). The funding formula in the Wendell H. Ford Aviation Investment and Reform Act for the 21st Century, also known as AIR21, was enacted in 2000. Airports Council International-North America (ACI-NA) already is raising a ...
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