financetom
Business
financetom
/
Business
/
Update: FAA Extends Cuts to Minimum Flight Requirements in New York Amid Traffic Controller Shortage
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: FAA Extends Cuts to Minimum Flight Requirements in New York Amid Traffic Controller Shortage
Jun 6, 2024 5:34 AM

08:12 AM EDT, 06/06/2024 (MT Newswires) -- (Updates with details from FAA's statement.)

The Federal Aviation Administration said Wednesday it is further extending a waiver of minimum flight requirements at congested New York City-area airports through October 2025.

The number of air traffic controllers is insufficient in New York for normal traffic levels, and increasing flexibility is needed to avoid congestion, delays and cancellations at JFK, LaGuardia and Newark airports, the FAA said.

"Currently, there are not enough certified controllers at N90 to allow the FAA to handle normal traffic levels," the regulator said, adding that it expects to hire 1,800 controllers this year, 300 more than last year.

Price: 53.39, Change: +0.48, Percent Change: +0.91

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 >
Update: Live Nation Entertainment's Ticketmaster Faces UK Probe on Oasis Concert Ticket Sales
Update: Live Nation Entertainment's Ticketmaster Faces UK Probe on Oasis Concert Ticket Sales
Sep 6, 2024
11:26 AM EDT, 09/05/2024 (MT Newswires) -- (Adds details starting in the third paragraph.) Live Nation Entertainment's ( LYV ) Ticketmaster faces a probe by the UK's Competition and Markets Authority over ticket sales for the reunion concert tour of the band Oasis. The regulator said Thursday in a statement it would examine how dynamic pricing may have been used...
Progressive Insider Sold Shares Worth $10,937,914, According to a Recent SEC Filing
Progressive Insider Sold Shares Worth $10,937,914, According to a Recent SEC Filing
Sep 6, 2024
11:47 AM EDT, 09/05/2024 (MT Newswires) -- Susan Patricia Griffith, Director, President and CEO, on September 03, 2024, sold 43,370 shares in Progressive (PGR) for $10,937,914. Following the Form 4 filing with the SEC, Griffith has control over a total of 508,298 shares of the company, with 473,735 shares held directly and 34,563 controlled indirectly. SEC Filing: https://www.sec.gov/Archives/edgar/data/80661/000112760224023527/xslF345X05/form4.xml Price: 247.84,...
Laramide Resources Pursues Greenfield Exploration Opportunity in Kazakhstan Through an Option Agreement
Laramide Resources Pursues Greenfield Exploration Opportunity in Kazakhstan Through an Option Agreement
Sep 6, 2024
11:31 AM EDT, 09/05/2024 (MT Newswires) -- Laramide Resources ( LMRXF ) on Thursday said it entered into a three-year option agreement with Aral Resources, a Kazakh company, for 17 mineral licenses, with an additional five licenses pending approval, covering nearly 6,000 square kilometers of the Chu-Sarysu sedimentary basin of Kazakhstan. The option can be exercised at any time through...
Why Is AST SpaceMobile Stock Is Plummeting On Thursday?
Why Is AST SpaceMobile Stock Is Plummeting On Thursday?
Sep 6, 2024
AST SpaceMobile, Inc. ( ASTS ) shares are trading lower today. The company has filed a prospectus for the offer and sale of up to $400 million Class A common stock from time to time. The company entered into an Equity Distribution Agreement with B. Riley Securities, Barclays Capital, BofA Securities, Cantor Fitzgerald, Deutsche Bank Securities, Roth Capital, Scotia Capital...
Copyright 2023-2026 - www.financetom.com All Rights Reserved