Hike in PFC could boost issuance
- PFC Increase Could Mean More Bonds, Market Participants Say. // Bond Buyer;7/9/2007, Vol. 361 Issue 32666, p5
The article reports on the proposed increase of passenger facility charge (PCF) in airports in an effort to improve their capacity and lead to more airport bond issuance in the U.S. As stipulated under HR 2881 and was approved by the House Transportation and Infrastructure Committee, the cap on...
- FAA Tightens Standards for Passenger Facility Charges. Sherman, Lynn // Bond Buyer;04/10/2000, Vol. 332 Issue 30867, p4
Focuses on standards set by the Federal Aviation Administration (FAA) for the use of passenger facility charges (PFC) as security for bonds by airport finance managers in the United States. Applicability of PFC as appropriate revenues for backing bonds; PFC as financing tool to other projects...
- Shreveport Sets Deal to Lessen Variable-Rate Debt Exposure. Watts, Jim // Bond Buyer;9/10/2008, Vol. 365 Issue 32958, p5
The article reports on the $24.7 million fixed-rate airport revenue bonds of Shreveport, Louisiana to refund variable-rate bonds issued in the fall of 2007. The bonds will lessen the city's exposure to variable-rate debt to be issued by Louisiana Local Government Environmental Facilities and...
- Airports, Airlines Wrangle Over Passenger Fee Increase. Watts, Jim // Bondbuyer.com;4/23/2015, p29
The article reports on the proposal to increase the passenger facility charge (PFC). Topics discussed include the reason for doubling of the PFC, grants provided by the Federal Aviation Administration and revenue generated by airports since the year 2008. Additional topics discussed include...
- Increased fees to help Provo Airport make improvements. // Enterprise/Salt Lake City;02/21/2000, Vol. 29 Issue 35, p12
Informs that rate increases approved by the city council of Provo, Utah will enable the Provo Municipal Airport to pay for some improvements while relying less on city subsidies. Specific rate increases related to the use of the airport.
- Fort Worth city council inks rising airport rates. Giddens, C.D. // Business Press;8/30/96, Vol. 9 Issue 18, p5
Reports on the approval of an increase in airport rates by the city council of Fort Worth, Texas. Landing fees for commercial aircraft operators; Office space rental rates; Rates for conventional hangar space.
- House mulls interim AIP reauthorization bill. // Aviation Week & Space Technology;4/25/1994, Vol. 140 Issue 17, p30
Reports on the US Congress' finalizing of a short-term Airport Improvement Program (AIP) that includes a freeze on increased airport and airline fees. Total amount of AIP appropriation for fiscal year 1994; Inclusions in the AIP bill; Debate over fees charged by airports to airlines.
- Airports fighting airlines in Congress over bid to control airport spending. // Traffic World;3/7/94, Vol. 237 Issue 10, p28
Reports on the battle between airports and airlines over the imposition and enforcement of airline fees to pay for airport facilities and services. Efforts by airline groups to overturn court decisions upholding airports' rights to impose fees; Airports' call for congressional representatives...
- Signature restructures fees. // Flying;Nov95, Vol. 122 Issue 11, p33
Reports on Signature's restructuring of its airport handling fees to bring them more closely in line with the fuel capacities and fuel requirements of smaller aircraft. Charging of fees to pilots to offset handling costs on the FBO's ramp; Dividing single-engine planes into three groups; Piston...