Commercial aviation (1 - 4 of 4 items) in Past 6 Months
Commercial Space Launch Insurance: Weakness in FAA's Insurance Calculation May Expose the Federal Government to Excess Risk
GAO-17-366: Published: Mar 23, 2017. Publicly Released: Mar 23, 2017.
The Federal Aviation Administration (FAA) has revised its method for calculating insurance requirements to address some known weaknesses. FAA is the part of the Department of Transportation that determines the amount of insurance that commercial space launch companies must purchase to cover damages from accidents that harm third parties—that is, the uninvolved public—or federal property and pe...
Air Traffic Control: Experts' and Stakeholders' Views on Key Issues to Consider in a Potential Restructuring [Reissued on December 9, 2016]
GAO-17-131: Published: Oct 13, 2016. Publicly Released: Nov 15, 2016.
Experts, aviation stakeholders, and Federal Aviation Administration (FAA) officials GAO spoke to said that if Congress decides to remove air traffic control (ATC) from the FAA, many issues should be considered. Key issues identified, consistent with GAO's past work, relate to: (1) organizational management, (2) funding and financing, and (3) transition time and related costs.First, organizational...
Commercial Space Launch Insurance: Views Differ on Need for Change to Insurance Approach but Clarification Is Needed
GAO-17-88: Published: Nov 22, 2016. Publicly Released: Nov 22, 2016.
Of the 10 spaceport operators (entities that host launches from their property) that are currently licensed by the Federal Aviation Administration (FAA), 3 have had commercial activity in the last 5 years, and all 3 told GAO that they have both property and liability coverage to protect themselves from losses resulting from space launch mishaps. Federal laws and regulations do not require spacepor...
Independent Auditor's Report on Applying Agreed-Upon Procedures: Fiscal Year 2016 Excise Tax Distributions to the Airport and Airway Trust Fund and the Highway Trust Fund
GAO-17-157R: Published: Nov 9, 2016. Publicly Released: Nov 9, 2016.
GAO performed the procedures contained in the enclosures to this report, which it agreed to perform solely to assist the Department of Transportation’s Inspector General in ascertaining whether the net excise tax revenue distributed to the Airport and Airway Trust Fund (AATF) and the Highway Trust Fund (HTF) for the fiscal year ended September 30, 2016, is supported by underlying records. The en...