Regulations and Government
Genav Could Bear Brunt of Sequestration Hit at FAA

The U.S. aviation system would suffer a “devastating” hit if the process of automatic federal budget cuts known as “sequestration” takes effect in January, according to industry leaders. An Aerospace Industries Association (AIA) study released yesterday estimates that 132,000 aviation jobs would be lost in the first year as a result of sequestration, which requires $500 billion in federal non-defense spending cuts over the next decade.