- Commercial Aerospace
FAA Modernization and Reform Act to bring funding, end series of short-term extensions
WASHINGTON, 6 Feb. 2012. U.S. senators have approved the Federal Aviation Administration (FAA) Modernization and Reform Act of 2012, submitting the bill to President Obama, who is reportedly in support of the legislature. If approved, the FAA Modernization and Reform Act will end a lengthy period of short-term funding extensions upon which FAA staff relied for years.