The U.S. government program that subsidizes air services to rural airports is facing up to $16 million in cuts come Jan. 2 if Congress does not act to prevent sequestration. The budget penalty to the Essential Air Service (EAS) program would impact its two fiscal year 2013 funding sources, cutting $12 million from the Airport and Airway Trust Fund and another $4 million from foreign carrier overflight fees, according to an analysis of sequestration released by the White House’s Office of ...
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