This paper summarizes the economic benefits that are anticipated to flow from the FAA's Flight 2000 operational demonstration program. This quick assessment is based on the Flight 2000 Initial Program Plan, dated July 16, 1997. The analysis shows there are sufficient economic merits to justify the projected investment of $390 million outlined in the plan. In particular, the safety benefits to users and potential cost avoidance are estimated to range between $2.6 and $6.6 billion as part of the overall NAS modernization effort.
Economic Justification for FAA's Flight 2000 Program
1997
16 pages
Report
No indication
English
Air Transportation , Transportation & Traffic Planning , Air transportation , US FAA , Economic factors , Flight control systems , Aviation safety , Surveillance , Navigational aids , Data links , Communication systems , Modernization , Avionics , Cost analysis , Air traffic management , Investments , Runways
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