The United States Congress has belatedly approved Fiscal Year 2019 (FY 2019) appropriations bills for the Federal Aviation Administration (FAA), almost four months after the financial year began on 1 October 2018.
The overall FAA budget of USD17.5 billion marks a USD549 million decrease from FY 2018, but USD1.3 billion more than originally requested by the Trump Administration. The funding includes an additional USD500 million for Airport Improvement Program grants, as well as investment in integrating unmanned aerial vehicles into the National Airspace System.
Want to read more? For analysis on this article and access to all our insight content, please enquire about our subscription options at ihs.com/contact