Passenger air travel is at an all-time high, and airports are investing in the infrastructure needed to meet demand. This report contains a comprehensive review of the role of the federal government in airport infrastructure funding and financing.

This is a print on demand edition of a hard to find publication. Contents: (1) Intro.; (2) Background and Legislative History; (3) Sources of Project Funding for Airports; (4) Airport Improvement Program (AIP): Airport and Airway Trust Fund; AIP Funding and Dist.: Formula and Discretionary Funds; State Block Grant Program; Fed. Share of AIP Matching Funds; Dist. of AIP Grants by Airport Size; Voluntary Airport Low Emissions Grants; (5) Passenger Facility Charges; (6) Funding of Airport Security; (7) Congressional Issues: Airport Capital Needs Assessments; AIP¿s Financial Future Under an Uncertain Budgetary Outlook; Grant Assurances; Privatization; Apportionment and Eligibility Changes; Discretionary Fund Set-Asides; Noise Mitigation; Very Light Jets and Airbus A380; Passenger Facility Charges; Bonding Issues.