Obama signs FAA Reauthorisation bill

Washington DC
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US President Barack Obama has signed the FAA Modernisation and Reform Act of 2012 into law.

The $63 billion bill ensures the agency will be funded for four years after running on temporary funding extensions since 2007.

The US Congress finally passed a FAA Reauthorisation bill earlier this month after years of wrangling that led to stalemates in achieving a long-term reauthorisation for the agency.

Elements of the bill include raising the threshold of interest for a union election to be held at an airline from 35% to 50%, slot pair exemptions for additional transcontinental flights from Washington National airport and measures to accelerate implementation of the US next generation air traffic control programme.