House-approved $68 bln FAA bill would raise ticket tax

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3:34:38 P=

House-approved $68 bln FAA bill would raise ticket tax=0A=0A=0A=0A3:34:38 P=
M ET 9/20/2007  =0ASAN FRANCISCO (MarketWatch) -- The House of Representati=
ves passed a bill authorizing $68 billion in funding for the Federal Aviati=
on Administration over the next four years, underwriting a major upgrade to=
 the nation's air traffic control system, paid for partly by higher jet fue=
l taxes. It also gave airports the ability to raise passenger facility char=
ges to $7 from $4.50 a ticket and requires airlines to have plans to remove=
 passengers from planes after long ground delays. The bill increased the ma=
ndatory retirement age for commercial pilots to 65 from 60. Representatives=
 voted 267 to 151 in favor of the bill, H.R. 2881, which falls short of the=
 two-thirds majority necessary to override a veto. The White House said Wed=
nesday it would veto H.R. 2881. =0A GET QUOTES=0A Enter one or more symbols=
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=0A Headlines=0A=0AOracle beats expectations with quarterly profit, sales=
=0A=0ATektronix Inc 1Q EPS 26c Vs EPS 24c=0A=0AFedEx trims fiscal 2008 outl=
ook; economic slowdown hits profit

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