What does the FAA require for federal airport development actions that significantly affect the quality of the environment?

The Federal Aviation Administration (FAA) mandates that any federal airport development actions that significantly impact the quality of the environment must involve the preparation of environmental statements. This requirement stems from the National Environmental Policy Act (NEPA), which aims to ensure that all environmental factors are considered in the decision-making process for federal projects.

Environmental statements serve as a comprehensive assessment and ensure that potential environmental impacts are documented and addressed. These statements not only analyze the probable environmental consequences of proposed projects but also provide an opportunity for public involvement and transparency in the development process. This aligns with the goals of fostering responsible environmental stewardship and ensuring that development projects do not adversely affect the ecosystem.

The other choices may relate to aspects of project management and transparency but do not specifically address the requirements set forth by the FAA under NEPA regarding environmental assessment for airport development projects. Public disclosure of financial data, environmental performance reviews, and project completion reports focus on different areas and do not fulfill the specific requirement for an environmental assessment when major impacts to the environment are expected.