US FAA issued a Notice of Proposed Rulemaking that calls for raising fees charged to airlines overflying the US by 14% annually for four consecutive years beginning in the US government's 2012 fiscal year that starts Oct. 1, 2011, and airlines appear willing to live with the proposed rule despite serious reservations about it. FAA said the methodology used for developing overflight fees established in 2001 didn't include "overhead costs" because the fees could only ...

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