Media Advisory: Air Transportation System Threatened by Budget Cuts
August 09, 2012
New study Assesses Impacts of Sequestration onAir Travel and Air Cargo
A new study by Econsult Corporation on the impact of sequestration on the FAA budget will be released Monday, August 13. The study lays out scenarios of how a $1 billion annual cut over nine years would impact FAA funding if federal sequestration is implemented beginning in January 2013 as mandated by the Budget Control Act.
Stephen P. Mullin, Vice President and Principal of Econsult Corporation, will present the major findings of the study and AIA President and CEO Marion C. Blakey and other aviation stakeholders will discuss their implications on future growth, the Next Generation Air Transportation System and aviation competitiveness.
This report is one of several that AIA’s Second to None budget education campaign has produced to provide data and analytics of how sequestration would impact the nation’s economy and the aerospace and defense industry. Most recently, a study by George Mason University’s Dr. Stephen Fuller concluded that 2.14 million jobs across the economy and all 50 states are at risk from sequestration.
Who:
- Marion C. Blakey, AIA President and CEO
- Norman Mineta, Former Secretary of Transportation and Vice Chair of Public Policy at Hill + Knowlton Strategies
- Stephen P. Mullin, Vice President and Principal of Econsult Corporation
What:
Luncheon and briefing on a new report outlining the impact of sequestration on the FAA budget and the U.S. air transportation system
When:
Monday, August 13
Luncheon noon; Briefing 12:45
Where:
Capital Hilton, South American Room (2nd level), 16th and K Streets, NW, Washington, DC
The call-in number to listen to the briefing is 866-309-0490; meeting number 9616206. The briefing is estimated to begin at 12:45. The call in number will be open at 12:30.
Please RSVP to Alexis Allen at (703) 358-1075 or alexis.allen[at]aia-aerospace.org.
