New Audit Announcements
Audit Initiated of FAA's Oversight of the Passenger Facility Charge Program
Created to help airports fund capital improvement projects that can increase capacity and reduce delays, the Passenger Facility Charge (PFC) program has generated more than $40 billion from airline passengers since the early 1990’s. Given the importance of the program and substantial funds involved, we are initiating an audit of the Federal Aviation Administration’s (FAA) administration and oversight of the PFC program. Specifically, we will review FAA’s oversight of (1) air carrier compliance with collection and remittance of PFC funds, and (2) airport operator compliance with the use of PFC funds.