FAA Faces $5 Billion Deficit in Next Decade, Official Warns | Aviation International News

Regulations and Government

FAA Faces $5 Billion Deficit in Next Decade, Official Warns

The U.S. Federal Aviation Administration says it has no choice but to cut the services it provides or raise more money over the next decade.

FAA's headquarters building in Washington, D.C. — © Bill Carey

October 8, 2014

The U.S. Federal Aviation Administration has no choice but to cut the services it provides or raise more money over the next decade, according to an FAA executive involved in planning the agency’s next reauthorization. Rich Swayze, assistant administrator for policy, international affairs and environment, delivered the somber message on October 8 to the blue-ribbon committee advising the FAA on its ambitious NextGen ATC modernization effort.

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