AIA Encouraged by FAA Extension

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Aug 05, 2011, 03:45 ET

ARLINGTON, Va., Aug. 5, 2011 /PRNewswire-USNewswire/ -- The Aerospace Industries Association is encouraged by passage of a FAA reauthorization extension today.

"We're relieved Congress has extended FAA's operations," said AIA President and CEO Marion C. Blakey. "This will allow critical work to continue while Congress debates full reauthorization."

The expiration of the previous extension resulted in furloughs to 4,000 FAA employees, stop work orders to approximately 70,000 construction workers and lost revenues exceeding $380 million.

"We're very glad that Congress has decided to put Americans back to work," Blakey said. "We urge them to take advantage of this spirit of compromise to pass a full reauthorization bill when Congress returns in September."

Founded in 1919 shortly after the birth of flight, the Aerospace Industries Association is the most authoritative and influential trade association representing the nation's leading manufacturers and suppliers of civil, military and business aircraft, helicopters, unmanned aircraft systems, space systems, aircraft engines, homeland and cybersecurity systems, materiel and related components, equipment services and information technology.

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SOURCE Aerospace Industries Association