Equipage Fund Could Benefit From FAA Bill

By Adrian Schofield adrian_schofield@aviationweek.com .

The House version of the FAA reauthorization bill would boost efforts by U.S. aerospace companies to set up a $1.5 billion fund to help airlines equip for the NextGen air traffic control modernization effort, say the fund’s organizers.

AviationWeek first revealed details of the NextGen Equipage Fund in October, with ITT Corp., other large aerospace companies contributing startup money that will ...

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