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For more company news, data and analysis, please go to: Jun 5, 2006 Fliers suggest ways to spend ATSB surplus. The $300 million profit expected at the Air Transportation Stabilization Board works out to about $1 for every American, The Wall Street Journal's Scott McCartney writes. The windfall will go into the U.S. Treasury. Jun 2, 2006 Airlines urge user fees to fund air traffic control. Major airlines believe the air traffic control system should be funded by a user-fee system because business jets, like commercial aircraft, take up space in the sky, no matter how many passengers are on board. And because only one plane can take off at a time, the system experiences similar strains from both groups. Such a system would increase fees for business aircraft, which represent 18% of flights but pay just 5% of Federal Aviation Administration fees. "We've in effect been subsidizing Lee Raymond of Exxon Mobil and all these corporate guys flying around," Air Transport Association President and CEO James May said. Jun 1, 2006
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Publication:Airguide Online
Date:Jun 5, 2006
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