[Congressional Record Volume 149, Number 87 (Friday, June 13, 2003)]
[Senate]
[Page S7873]
From the Congressional Record Online through the Government Publishing Office [www.gpo.gov]
THE FAA REAUTHORIZATION ACT OF 2003
Mr. SANTORUM. Mr. President, I rise today with my colleague Senator
Specter to engage the distinguished chairman of the Commerce Committee
in a colloquy regarding a proposal to allow airports increased
flexibility with the use of the Passenger Facility Charge, PFC,
revenues.
Mr. President, as you know, many airports are impacted by the
downturn in the aviation industry. In my State, the Commonwealth of
Pennsylvania is working with US Airways to maintain its presence at
both Pittsburgh and Philadelphia International Airports. Our activities
in Pennsylvania include efforts to reduce costs in order to make our
airports even more competitive.
The amendment that I filed today would change current law to allow
airports increased flexibility in the use of the Passenger Facility
Charge revenues so that an airport may choose to use such funds to help
retire outstanding debt. I believe that this change would be an
important tool for airports, which could benefit from the option of
using the funds they receive more effectively.
According to information provided to me, this change, if implemented
at Pittsburgh International Airport, would result in millions of
dollars in immediate cost savings for both the airport and tenant
airplanes operating there.
It is my understanding that Chairman McCain is aware of this issue
but has concerns about the approach taken by this amendment. I am also
informed, however, that the Chairman indicated that he plans to examine
issues related to airport financing and competitiveness in the current
aviation industry environment.
I would like to inquire of Chairman McCain if he would agree to
examine this issue and continue discussions to identify solutions that
can allow airports to be more competitive in this challenging aviation
industry environment.
Mr. SPECTER. Mr. President, I rise as a cosponsor of the amendment
offered by my colleague Senator Santorum that would provide airports
with increased flexibility in the use of their Passenger Facility
Charge funds. As Senator Santorum mentioned, we are working hard to
assist US Airways and to keep the company's large presence in
Pennsylvania with its hubs in both Pittsburgh and Philadelphia. Earlier
this week I hosted a meeting with US Airways CEO David Siegel in my
office that included Governor Rendell, Senator Santorum, most of our
delegation from the House of Representatives, as well as local elected
officials. The purpose of this meeting was to work with US Airways to
make our Pennsylvania hubs in Pittsburgh and Philadelphia more cost
competitive so that those airports can remain critical assets to US
Airways. If enacted, proposals such as our amendment will be of great
help to Pennsylvania and will be available for use by other airports
throughout the Nation.
Mr. McCAIN. I thank the distinguished Senators from Pennsylvania for
filing this amendment. I am aware of interest in proposals to allow
increased flexibility in the use of Passenger Facility Charges as well
as other Federal revenues. The Commerce Committee does plan to continue
its examination of appropriate Federal policy measures that might
address the concerns raised by my colleagues. I look forward to working
with my colleagues on this issue.
Mr. SANTORUM. I thank Chairman McCain for agreeing to work with us on
this important issue.
Mr. SPECTER. I also thank the chairman.
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