New study details sequestration impact

A new study by Econsult Corporation on the impact of sequestration on the FAA budget will be released today.

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 US Secretary of Transportation and Vice Chair of Public Policy at Hill + Knowlton Strategies
  • Stephen P. Mullin, Vice President and Principal of Econsult Corporation

What: Briefing on a new report outlining the impact of sequestration on the FAA budget and the US air transportation system

The call-in number to listen to the briefing is +1 866-309-0490; meeting number 9616206. The briefing is estimated to begin at 12:45 Washington DC local time. The call in number will be open at 12:30.

Read More: Sequestration’s ‘crippling’ effect on NextGen: AIA

Posted in CAAs/ANSPs, News, NextGen, Operations, Reports

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