U.S. airports scramble to pay for security costs

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U.S. airports scramble to pay for security costs

NEW YORK (Reuters) =97 U.S. airports, already under financial stress due to=
=20
declining passenger air travel, are grappling with another worry: how to=20
fund new security measures that could tally up to $5 billion. That's what=20
it could cost airports for capital improvements involving security that=20
aren't currently being paid for by the federal government, said Steve Van=20
Beek, senior vice president of the Airports Council International, North=20
America. New federal requirements that were mandatory by the beginning of=20
this year called for all luggage to be screened at the nation's 429=20
commercial airports. While the federal government is paying for the=20
screening machines, many of the nation's largest airports are hoping to=20
build new facilities to accommodate bulky Explosive Detection System (EDS)=
=20
machines away from ticketing areas, to what is called "in-line" screening.=
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Airports can screen bags using either the EDS machines, which are the size=
=20
of a small van, or with scanning wands, which are slower and less practical=
=20
at large airports, where lines can seem interminable. "Understandably, by=20
Dec. 31 we tried to jury-rig a process to get the screening done," Van Beek=
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said. How much of the needed security improvements will be paid for by the=
=20
federal government is still up in the air, industry sources said. "Some=20
airports may dip into reserves, some may seek assistance from cities or=20
states they reside in to help defray costs and some might have to borrow=20
money," said James Gilliland, an airport analyst at Fitch Ratings.

TSA REVIEWING PROPOSALS CASE-BY-CASE
The Transportation Security Administration (TSA), the new Department of=20
Transportation agency responsible for airport security, is reviewing=20
security funding proposals from airports on a case-by-case basis, said=20
Brian Doyle, a spokesman for the TSA. "We're well aware of the strain on=20
the aviation industry and airports in general," Doyle said. Airports are=20
hopeful the federal government will include a "letter of intent" program in=
=20
next year's budget, which would allow airports to borrow money for security=
=20
projects, backed by future federal fund disbursements. But the TSA hasn't=20
always received all the money promised by Congress in the past, Van Beek=20
said, and airports have been slow to get the funds. The TSA granted $30=20
million to Boston's Logan Airport, which decided to spend $146 million to=20
build new in-line facilities, even before it knew whether it would get=20
federal help, said Betsy Taylor, finance director for the Massachusetts=20
Port Authority, which operates Logan Airport. But Massport is waiting to=20
hear if more reimbursements will be coming. Revenues at the airport have=20
been squeezed since Sept. 11, 2001, with a 20 percent reduction in flights=
=20
and additional $8 million yearly costs for state police.

As a result, it laid off 15 percent of staff and cut 20 percent from=20
operations last year. On the capital side, Massport deferred about $245=20
million in projects for more gates and a new customs area at Logan.=20
"Obviously, if we can get sufficient grant money, we will reconsider=20
reinstating those," Taylor said. At Las Vegas McCarron Airport, a=20
long-range plan to spend $120 million on in-line screening facilities is on=
=20
hold until the plan is approved by the TSA. "When they approve it, then=20
we'll figure out how we'll get the money," said R. Ross Johnson, the=20
airport's assistant director of aviation, responsible for finance. The=20
airport needs to install 40 or 50 of the EDS machines, but the=20
configuration of existing buildings can't really accommodate them, Johnson=
=20
said. If the federal government doesn't come through with the money, the=20
airport would have to increase rates and charges to the airlines. "And this=
=20
certainly is not the best of times to be increasing rates and charges to=20
airlines," Johnson said.
Dave Swieringa, chief economist for the Air Transport Association, a trade=
=20
organization for the airlines, said a current $2.50 charge tacked onto=20
tickets for security costs is paid by passengers, but ultimately the=20
airlines foot the bill. "The airlines have to add that to the price of=20
travel and consequently they either have to lower their share of the price=
=20
or lose business..." he said.


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