| 00:02:14 |
Unidentified Speaker, -
WELL-KNOWN IS NOT AS IMPORTANT AS KNOWING WHAT'S YOU'RE WELL-KNOWN FOR. BUT ANYWAY, CAROL, THANK YOU. GOOD MORNING, EVERYONE. WE APPRECIATE EVERYONE...
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| 00:22:43 |
Unidentified Speaker, -
TOM, FOR THAT HAND-OFF. AS TOM SAID, I'M HERE WITH JANET KAVINOKY AND JANET HAS A VERY COMPLICATED TITLE SO I TOLD HER I'M GOING TO LET HER INTRODUCE...
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| 00:22:56 |
Unidentified Speaker, -
GIVE THE TITLE, WE'LL FOLLOW CAROL'S RULES. >> SO I WEAR A LOT OF
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| 00:23:00 |
Unidentified Speaker, -
HATS AT THE CHAMBER. IF YOU TAKE ONE OF MY BUSINESS CARDS I'M EXECUTIVE DIRECTOR FOR TRANSPORTATION AND INFRASTRUCTURE IN CONGRESSIONAL AND PUBLIC AFFAIRS...
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| 00:23:17 |
Unidentified Speaker, -
THIS MORNING, WHAT WE'RE GOING TO DO IS PICK UP FROM TOM'S VERY COMPREHENSIVE REMARKS BECAUSE I THINK HE SET THE TABLE FOR THE WHOLE DAY. AND TALK A...
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| 00:27:31 |
Unidentified Speaker, -
SAME TIME THOUGH WE HAVE TO DO IT IN A PRAGMATIC WAY SO THAT IT DOESN'T DRAMATICALLY IMPACT OUR ECONOMY. AT A TIME WHEN OUR ECONOMY IS CHALLENGED. AND...
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| 00:29:10 |
Unidentified Speaker, -
WOULD. >> THANKS, JACK. THANK YOU ALL FOR BEING HERE TODAY. I JUST GOT MY FIVE MINUTE SIGNAL FROM OVER THERE, SO HOW I GIVE YOU A LEGISLATIVE AND REGULATORY...
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| 00:33:05 |
Unidentified Speaker, -
JACK. AND WITH THAT, THE HOOK IS HERE AND I MIGHT EVEN TAKE THAT BACK. THANK YOU SO MUCH. WE REALLY APPRECIATE THIS, JANET AND JACK. I WISH WE COULD...
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| 00:33:29 |
Unidentified Speaker, -
AS THEY ARE LEAVING, I WANTED TO GO THROUGH A FEW HOUSEKEEPING DETAILS. AND THE FIRST ONE IS, THIS ISN'T HOUSEKEEPING, THIS IS JUST A GENUINE THANK...
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| 00:46:06 |
Unidentified Speaker, -
THANKS, MARY AND. I'M ALWAYS DAUNTED BY BEING THE FIRST TO BE USED AS AN EXPERT BECAUSE IN THIS ROOM OF PEOPLE HAVE BEEN IN THIS INDUSTRY FOR MANY, MANY...
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| 00:48:10 |
Unidentified Speaker, -
THE AIRLINE STANDPOINT, FROM THE STANDPOINT OF THE ATO RUNNING THINGS INSIDE F.A.A. TALK TO US FOR A MINUTE ABOUT HOW YOU SEE THIS THE EQUIPPING THE...
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| 00:48:26 |
Unidentified Speaker, -
BEEN AROUND FOR A LONG TIME. I CAN REMEMBER GOING THROUGH THIS IN 84, JOINED THE F.A.A. WITH AMERICAN. IT'S ALWAYS HARD IN ANY OPERATION TO JUSTIFY...
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| 00:52:25 |
Unidentified Speaker, -
I THINK THE EXAMPLE THAT DAVE MENTIONED, SURELY THERE ARE PROGRAMS THAT OTHER PARTNERSHIPS THAT TRANSPORTATION EXISTING MODELS FOR MARITIME, SERVICE,...
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| 00:54:12 |
Unidentified Speaker, -
LOT OF US HAVE BEEN FOLLOWING THE FAA'S REAUTHORIZATION VERY CLOSELY, HAVE BEEN VERY ENCOURAGED BY THE INSERTION OF METRICS FOR THE F.A.A. WE ARE...
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| 00:54:47 |
Unidentified Speaker, -
FIRST. >> SO, I THINK IT
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| 00:54:49 |
Unidentified Speaker, -
DOES. FOR AVIATION. LIKE I SAID THERE ARE OTHER PROGRAMS, OTHER PROGRAMS THAT USE LOAN GUARANTEES IS ONE OF THE WAYS THAT'S A COMMONLY USED, AND SUCCESSFULLY...
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| 00:55:49 |
Unidentified Speaker, -
TELL YOU, MY CONVERSATIONS UP ON THE HILL, AND I'M LOOKING AROUND TO SEE FACE OF RECOGNITION AND OTHER PEOPLE HERE, IT'S A PRETTY TOUGH ENVIRONMENT RIGHT...
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| 00:56:54 |
Unidentified Speaker, -
IS A TOUGH QUESTION. AND IT IS DERISIVELY NEW ONE TO ME, BUT I DID SLEEP AT HOLIDAY INN EXPRESS LAST NIGHT SO I WILL GIVE YOU AN OPINION. KNOW, MY BACKGROUND...
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| 00:58:41 |
Unidentified Speaker, -
THE AUDIENCE IN JUST A MINUTE FOR QUESTIONS, BUT LET ME ASK ONE MORE BECAUSE WE ARE A GLOBAL INDUSTRY. AND I'M CURIOUS IN THINKING ABOUT THIS INNOVATIVE...
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| 00:59:17 |
Unidentified Speaker, -
OF WE'VE BEEN TO EUROPE A COUPLE OF TIMES TALKING ABOUT OUR PROGRAMS. THEY FACE THE SAME ISSUE. SOME WAYS IT'S A LOT HARDER BECAUSE THEY HAVE LITERALLY...
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| 01:01:48 |
Unidentified Speaker, -
AGREE WITH RUSS THAT REALLY GETS BACK TO THE BUSINESS CASE, AND DO YOU BELIEVE THE BUSINESS CASE. I THINK THE POLL YOU CITED JUST REFLECTS WHAT RUSS...
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| 01:02:52 |
Unidentified Speaker, -
AUDIENCE. >> RUSS, FOR ABOUT TWO YEARS
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| 01:02:55 |
Unidentified Speaker, -
NOW GRANTS HAVE BEEN TALKED ABOUT AS A WAY OF EQUIPPING FOR NEXTGEN. TALK TO US ABOUT THE FEDERAL BUDGETARY DIFFERENCE BETWEEN LOAN GUARANTEES AND...
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| 01:04:22 |
Unidentified Speaker, -
OTHER QUESTIONS? BACK THERE. >> A HECKUVA THING WHEN
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| 01:04:39 |
Unidentified Speaker, -
YOUR OWN GUYS ASK YOU A QUESTION. [LAUGHTER] >> GO AHEAD,
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| 01:04:43 |
Unidentified Speaker, -
JOHN. >> AND IT'S GOING
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| 01:04:44 |
Unidentified Speaker, -
TO BE HARD-WON. RUSS, COULD YOU SAY SOMETHING MORE ABOUT THE PARTICULARS OF THE CONCEPT OF NEXA CAPITAL HAS BEEN PUTTING TOGETHER? I THINK YOU TALKED...
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| 01:04:59 |
Unidentified Speaker, -
SURE. SO SPECIFICALLY, THE FUND BASICALLY USES PRIVATE SECTOR CAPITAL, WHICH ITT IS ONE OF THE INVESTORS, TO AUGMENT THE AMOUNT OF MONEY AT RISK THAT...
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| 01:07:40 |
Unidentified Speaker, -
ALL RIGHT. ONE MORE. >> SO, WHY DO YOU NEED
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| 01:07:51 |
Unidentified Speaker, -
LOAN GUARANTEES? WHAT ARE YOU GUARANTEEING WITH THE LOAN GUARANTEE? >> WELCOME LOAN
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| 01:07:58 |
Unidentified Speaker, -
GUARANTY REDUCES THE COST OF CAPITAL. IT'S NOT IMPOSSIBLE WITHOUT A LOAN GUARANTEE. IT'S JUST HARDER. REMEMBER, THE KEY AS DAVE WOULD SAY, THE KEY IS...
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| 01:09:06 |
Unidentified Speaker, -
THAT'S WHAT THE ANSWER, THE COST TO CAPITAL AND MAKING IT AFFORDABLE AND HAVING BASICALLY THE GOVERNMENT AS SPONSORING AND ENDORSING AND BACKING UP THAT...
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| 01:09:17 |
Unidentified Speaker, -
RIGHT. I'M GOING TO ASK ONE FINAL QUESTION, LIGHTNING ROUND. WE ALL WATCHED WHAT HAPPENED WITH THE FIRST LADY'S PLANE. WHAT WOULD BE DIFFERENT ON NEXTGEN?...
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| 01:09:39 |
Unidentified Speaker, -
NO? >> YES, JUST. AND I THINK THE ANSWER IS YES BECAUSE THE SITUATIONAL AWARENESS THAT CAN BE IN THE COCKPIT, AND THERE'S NO LATENCY THERE IN TERMS...
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NOTE: The transcript for this program was compiled from uncorrected Closed Captioning.