FAA Administrator Randy Babbitt says while the administration is open to a public-private partnership to help finance the NextGen air traffic control modernization program, putting that into place is no simple undertaking, he told the U.S. Chamber of Commerce on April 27. ITT and Nexa Capital are creating a $1.5 billion loan guarantee fund to help speed development of NextGen and bolster the business case for buying into the massive infrastructure investment. That kind of upfront ...


You must have an Aviation Week Intelligence Network (AWIN) account or subscribe to this Market Briefing to access "Babbitt: Administration Still Open To Cooperative Fund For NextGen".


Current Aviation Week Intelligence Network (AWIN) enterprise and individual members: please go to http://awin.aviationweek.com for access.


Not currently a subscriber? Click on the "Learn More" button below to view subscription offers.

Already registered? here.