# Presentation: 712354

## PFC Program Overview and Regulatory Changes

**G. Thomas Wade, P.E.**
**PFC Program Manager**

## Objectives

**Provide National and Regional PFC Program Overview**
**Communicate Status of Program Changes**

- ASW Partnership Conference

- March 9 & 10, 2005

## Program Overview

|  | National | SW Region |  |
| --- | --- | --- | --- |
| Locations Approved | 353 | 38 | 11% |
| Locations Collecting | 323 | 37 | 11% |
| Application Decisions | 1304 | 121 | 9% |
| Collection Authority | $47.5B | $4.35B | 9% |
| Collections (CY 02-04) | $17.0B (est.) | $1.38B | 8% |
| Collection (CY-04) | $2.2B (est.) | $188M | 9% |

- ASW Partnership Conference

- March 9 & 10, 2005

## L/M Hub FY-04 Returned AIP

| Total Returned by Large & Medium Hubs | $380.2 million |
| --- | --- |
| Small Hubs | $54.3 million |
| Non Hubs & Non Primary Comm. Serv. | $217.3 million |
| GA & Relievers | $108.6 million |

- ASW Partnership Conference

- March 9 & 10, 2005

## Collections

| Calendar Year | National | SW Region |  |
| --- | --- | --- | --- |
| 1992 | $0.1B | $1M | 1% |
| 1996 | $1.1B | $77M | 7% |
| 2000 | $1.6B | $137M | 9% |
| 2004 | $2.2B (est.) | $188M | 9% |

- ASW Partnership Conference

- March 9 & 10, 2005

**Notes:**
Region up from $170 to $188 ($11%) in CY-04 over CY-03

$47.5 Billion approved $2.2B collected in CY-04...21 years if no growth....

$4.35 B Approved,  $188M collected in CY-04.....23 years collection at current rate

## SW Region Collections

**SW Region Collections**

- ASW Partnership Conference

- March 9 & 10, 2005

## SW Region Totals

**SW Region Totals**

- ASW Partnership Conference

- March 9 & 10, 2005

**Notes:**
$1.48 B Collected,  $1.10 B Disbursed, $380m Un liquidated (about 2 years of collection)

## Regional PFC Activity

| Application Decisions | Number of Airports |
| --- | --- |
| 1 | 6 |
| 2 | 11 |
| 3 | 4 |
| 4 | 8 |
| 5 | 7 |
| 7 | 2 |

- ASW Partnership Conference

- March 9 & 10, 2005

## Open/Closed Applications

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- March 9 & 10, 2005

## Collection Rate

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- March 9 & 10, 2005

## Collection Duration

|  | Current Approved Charge Expiration Year |  |  |
| --- | --- | --- | --- |
| Year Range | 2005-2007 | 2008-2014 | 2015-2040 |
| Programs Expiring | 13 | 12 | 11 |

- ASW Partnership Conference

- March 9 & 10, 2005

## Program Changes

## Vision 100 - Century of Flight Reauthorization

**P.L. 180-176 (December 12, 2003)**
**Excludes Military Charters – Dec. 12, 2003 **
**Ground Access –February 10, 2004**
**Carrier Compensation Rate – March 18, 2004**
**From $0.08 to  $0.11**
**Effective May 1, 2004**
**Debt Service on Non Eligible – April 19, 2004**
**Low Emission Vehicles – September 30, 2004**

- ASW Partnership Conference

- March 9 & 10, 2005

**Notes:**
Segregation of funds to protect in bankrupcy

## Bankruptcy Protection

**Vision 100 is specific enough that it can be enforced w/o the change to Part 158**
**FAA has notified 2 carriers recently filing bankruptcy of requirement to comply with Vision 100, Section 124**

- ASW Partnership Conference

- March 9 & 10, 2005

## Streamlining Initiatives (Rulemaking #1)

**3-Year Pilot Program**
**Small Airports (Non Hubs)**
**Simplified Process/Approval**
**Application/Amendment Improvements**
**Modify Public Notice Requirements**
**Amendment Consultation Threshold**
**Airports required to **_**only consult**_** with serving carriers having **_**significant business interest**_**”**
**> 1% of enplanements or**
**25,000 enplanements, or**
**scheduled service**

- ASW Partnership Conference

- March 9 & 10, 2005

## Streamlining Status

**Federal Register Notice – Proposed Rules**
**Published June 9, 2004**
**Closed August 9, 2004**
**6 Comments (ATA, ACI/AAAE, 4 Airports)**
**Final Rule Federal Register Notice**
**“****Soon ...............”**

- ASW Partnership Conference

- March 9 & 10, 2005

## Rulemaking #2

**Federal Register Notice Late FY-05**
**Statutory Issues**
**Air Carrier Financial Management**
**Debt Service – Expanded Language**
**Military Charters**
**Low Emission Vehicles**
**Air Traffic Modernization Program**

- ASW Partnership Conference

- March 9 & 10, 2005

## Rulemaking #2

**Non Statutory Issues**
**Length of Notice (30 vs. 60 days)**
**Excluded Class(s) (ATCO Standard)**
**Foreign Issued Tickets for Domestic Travel**
**E-Tickets – Place of Issuance**
**Electronic Filing**
**Top-to-Bottom Review of Part 158**

- ASW Partnership Conference

- March 9 & 10, 2005

## Questions