financetom
Business
financetom
/
Business
/
Airlines seek FAA extension of New York minimum flight requirements cuts -- letter
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Airlines seek FAA extension of New York minimum flight requirements cuts -- letter
Apr 10, 2024 10:12 AM

WASHINGTON (Reuters) - Major airlines are asking the Biden administration to extend cuts to minimum flight requirements at congested New York City-area airports through October 2025, citing air traffic controller shortages, according to a letter seen by Reuters.

Under minimum flight requirements, airlines can lose their takeoff and landing slots at congested airports if they do not use them at least 80% of the time. The waiver allows airlines to not fly some flights and still retain slots. U.S. regulators in September extended those cuts through October 2024.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
SEALSQ Shares Rise On News Of IC'ALPS Acquisition Deal: What's Going On?
SEALSQ Shares Rise On News Of IC'ALPS Acquisition Deal: What's Going On?
May 26, 2025
SEALSQ Corp ( LAES ) shares are trading higher Thursday after the company announced it entered exclusive negotiations to acquire 100% of French ASIC design firm IC’ALPS for €12.5 million. What To Know: The move, intended to strengthen SEALSQ's ( LAES ) semiconductor and post-quantum hardware portfolio, also lifted shares of its affiliate WISeKey. The Geneva-based company confirmed it signed...
Insight Partners-backed Hinge Health shares jump nearly 23% in New York debut
Insight Partners-backed Hinge Health shares jump nearly 23% in New York debut
May 26, 2025
May 22 (Reuters) - Shares of Hinge Health ( HNGE ) rose 22.7% above the initial public offering price in their NYSE debut on Thursday, giving the digital health platform backed by Insight Partners a valuation of $3.65 billion on a fully diluted basis. Hinge shares opened at $39.25 per share, compared with the offer price of $32, at which...
Insight Partners-backed Hinge Health shares jump in New York debut
Insight Partners-backed Hinge Health shares jump in New York debut
May 26, 2025
May 22 (Reuters) - Shares of Hinge Health ( HNGE ) rose 22.7% above the initial public offering price in their NYSE debut on Thursday, giving the digital health platform a valuation of $3.16 billion. ...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Copyright 2023-2026 - www.financetom.com All Rights Reserved