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PWC transportation forum forsees bright future for air travel.


Professional Women in Construction recently hosted the latest in its series of Transportation Forums: "Trains, Planes & Automobiles" featuring a decidedly upbeat outlook on the airline industry. As series moderator William Fife William Fife III (1857-1944), also known as Wm. Fife, Jr., was the third generation of a family of Scottish yacht designers and builders.

Fife was born in the small village of Fairlie on the Firth of Clyde.
, P.E., corporate vice president of DMJM DMJM Daniel, Mann, Johnson, & Mendenhall (architecture, engineering, and construction services firm)  Harris, summed up the mood of the breakfast meeting, "The airlines are finally coming back." They are, at last, emerging from an "era of profitless prosperity" caused by skyrocketing costs in fuel and security that took its toll despite record-breaking passenger numbers.

Presenting a global view was Catherine Lang, acting associate administrator for airports from the Federal Aviation Administration Federal Aviation Administration (FAA), component of the U.S. Department of Transportation that sets standards for the air-worthiness of all civilian aircraft, inspects and licenses them, and regulates civilian and military air traffic through its air traffic control  (FAA). Lang spoke of transportation congestion The condition of a network when there is not enough bandwidth to support the current traffic load.

congestion - When the offered load of a data communication path exceeds the capacity.
 in all modes that costs the nation approximately $200 billion a year and airline delays that weigh down the economy by $9.7 billion annually.

FAA efforts to accelerate major aviation capacity include the addition of 11 new runways at the largest U.S. airports with the potential to accommodate 1.6 million more annual operations.

Lang noted that adding infrastructure and modernizing the aviation system is essential if we are going to meet future aviation demand. "Under the current aviation tax system, year-by-year funding uncertainties can constrain con·strain  
tr.v. con·strained, con·strain·ing, con·strains
1. To compel by physical, moral, or circumstantial force; oblige: felt constrained to object. See Synonyms at force.

2.
 the pace of modernization which could lead to increased congestion. The right financing reforms are necessary to help us implement the Next Generation Aviation system efficiently and on schedule," she concluded.

Lysa C. Scully, assistant director of customer, cargo, concessions & airport services with the Aviation Department of The Port Authority of New York New York, state, United States
New York, Middle Atlantic state of the United States. It is bordered by Vermont, Massachusetts, Connecticut, and the Atlantic Ocean (E), New Jersey and Pennsylvania (S), Lakes Erie and Ontario and the Canadian province of
 & New Jersey, discussed the $57 billion in economic activity generated for the metropolitan region by the area's airports, including $1.2 billion in capital investment programmed for the NY/NJ NY/NJ New York/New Jersey  airports in fiscal year 2006/2007.

Noting that over 72,000 employees serve over 100 million passengers, Scully said, "We know what the passengers expect, want, and how satisfied they are." She noted that the airports also transport approximately 2.6 million tons of cargo each year.
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Publication:Real Estate Weekly
Date:Aug 23, 2006
Words:321
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