Airport and Airway Safety and Capacity Expansion Act of 1987

[AI summary unavailable — showing source text] Airport and Airway Improvement Amendments of 1987 - Amends the Airport and Airway Improvement Act of 1982 to authorize appropriations for FY 1987 through 1992 for air navigation facilities. Sets forth minimum obligation levels for certain fiscal years for the purchase and installation of instrument landing systems at primary, reliever, and other airports. Authorizes appropriations for FY 1987 through 1992 for research, engineering and development, and demonstration projects (including airport capacity preservation and enhancement). Sets forth funding limitations, and prescribes formulas for the appropriation of funds (including funding levels for airport capacity enhancement, safety and security, and airport noise compatibility programs). Revises the limitations on the use of funds earmarked for: (1) noise compatibility planning programs; and (2) integrated airport system planning. Authorizes the Secretary of Transportation to provide reimbursement through letters of intent for certain advance expenditures for airport development projects. Prescribes guidelines for such letters. Sets forth the assurance required of airport development project sponsors, including: (1) nondiscriminat…