A recent report released by the Aerospace Industries Association predicts thousands of job losses and up to 10% reductions in air traffic if automatic budget cuts enacted by Congress, known as sequestration, are allowed to hit the FAA on January 2, 2013. Sequestration could amount to a $1 billion/ per year cut to the FAA, resulting in reduced flight operations, decreases in freight traffic, and job losses for aviation employees, TSA screeners, and customs officers.
ALPA President Captain Lee Moak, warns of the danger of budget sequestration on air travel: “The FAA reauthorization act contains a number of provisions for safety enhancements to our aviation system, many of which have aggressive timelines. If those programs and timelines are not fully supported with critical resources, then the success of our efforts to continue improving the safety, efficiency, and economic viability of the system will be in jeopardy.”
Automatic Cuts Would Hurt Air Traffic, Industry Says
By Alan Levin - Aug 13, 2012 3:28 PM ET
Automatic U.S. government-spending cuts scheduled to take effect next year could reduce airline traffic by as much as 10 percent or impose crippling delays for decades, according to a study commissioned by industry groups.
The cuts, known as sequestration, would take effect Jan. 2 if Congress can’t agree on a deficit-reduction plan. It would prompt thousands of job losses and billions of dollars in economic losses to the civilian aviation industry, the report released today by the Aerospace Industries Association and other groups said.
“I just hope we don’t go off the cliff,” Norman Mineta, a former U.S. transportation secretary, said in an interview. “There’s got to be some collective effort by the executive branch and the legislative branch to forestall the total impact of sequestration.”