In response to the economy revamp proposal of the U.S. President Biden, aviation companies from across the globe have “made a plea” for “funding under a roughly $2 trillion” infrastructure package. The reason cited for the plea is the “long overdue” of modernisation.
During a summit of “U.S. Chamber of Commerce aviation”, Alan Pellegrini, the “head of the U.S. division of French defense and aerospace group Thales SA”, said:
“Now is the time to reassess longstanding aviation infrastructure investment priorities and to fund critical projects”.
Among other speakers there were the C.E.Os of “leading U.S. airlines and aerospace companies”. The “overall infrastructure plan” proposed by Biden will offer “hundreds of billions of dollars” to repair and build “roads, bridges, mass transit, schools and other infrastructure”, revealed White House in the proposal details.
According to Reuters:
“But Biden’s plan to finance the package with higher corporate taxes faces hurdles in Congress from Republicans who say it will kill jobs and from some of his fellow Democrats who want a bigger write-off for state and local taxes”.
References:
reuters.com
During a summit of “U.S. Chamber of Commerce aviation”, Alan Pellegrini, the “head of the U.S. division of French defense and aerospace group Thales SA”, said:
“Now is the time to reassess longstanding aviation infrastructure investment priorities and to fund critical projects”.
Among other speakers there were the C.E.Os of “leading U.S. airlines and aerospace companies”. The “overall infrastructure plan” proposed by Biden will offer “hundreds of billions of dollars” to repair and build “roads, bridges, mass transit, schools and other infrastructure”, revealed White House in the proposal details.
According to Reuters:
“But Biden’s plan to finance the package with higher corporate taxes faces hurdles in Congress from Republicans who say it will kill jobs and from some of his fellow Democrats who want a bigger write-off for state and local taxes”.
References:
reuters.com
