Its important for members to understand the efforts and the stakeholders. Its also important where faa is now and where it can and should go in the future in terms of nexgen. When i like fresh to discuss today in part in relation to the recommendations from the Department Transportation Inspector general reportt in march and found shortcomings of management in the current estimate of nexgen benefits to be 100 billion which is 113 billion less than the estimate. It shows us benefit is important to note the estimated 100 billion so far is the sole projected cost which is 36 billion. When it comes to benefits the Ig Report and as a result they have a clear view how investments will have those operations and then encountering delays things like that performancebased navigation and procedures the final Report Issued Recommendations and is a really began implementing to measure performance whereby projections and interim implementation analysis is incorporated to prioritize those programs an
100 billion which is 113 113 billion less than the 2007 estimate. So while estimate shows less benefit is important, and that the estimated 100 billion in benefit is to far exceed the total projected cost of nextgen through 2030 which is 36 billion. When comes to benefit to the Ig Report also found faa has not transparently stated Nextgen Benefits to date. As a result stakeholders to not have a clear view of how investments and modernization will translate to quantifiable benefits for operations. Lastly the as they continue to encounter delays implementing things like the performancebased navigation procedures, or pbms as we call them. The final Report Issued Recommendations at the is concurred with and is already begin implementing. The faa should publish metrics, measure performance, as they should develop a process whereby in a just a benefit projections and interim implementation and those who are incorporated prioritizing nextgen programs, and third faa should regularly update sta
Its important for members of the Subcommittee And Congress to understand the status of efforts and the input from stakeholders. Its also important because knowing what faa is now will then forward at and should go in the future in terms of nextgen. So id like for us to discuss debate in part is where the fas in relation to the recommendations from the department of Transportation Inspector general report issued in march. The report found shortcomings in management, of nextgen programs and that the faas current estimate of Endstate Nextgen benefits will be about 100 billion which is 113 113 billion less than the 2007 estimate. So while estimate shows less benefit is important, and that the estimated 100 billion in benefit is to far exceed the total projected cost of nextgen through 2030 which is 36 billion. When comes to benefit to the Ig Report also found faa has not transparently stated Nextgen Benefits to date. As a result stakeholders to not have a clear view of how investments and
Minister of state for petroleum, Senator Heineken Lokpobiri, yesterday stressed that increased oil production would bring more resources into the region for