financetom
Business
financetom
/
Business
/
Update: US DOT's Office of Inspector General to Audit FAA's United Airlines Oversight
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Update: US DOT's Office of Inspector General to Audit FAA's United Airlines Oversight
May 9, 2024 10:12 AM

12:38 PM EDT, 05/09/2024 (MT Newswires) -- (Updates with the FAA's statement in the fourth paragraph.)

The US Department of Transportation's Office of Inspector General will conduct an audit of the Federal Aviation Administration's oversight of United Airlines' (UAL) maintenance program, said Nelda Smith, assistant inspector general for aviation audits

"[W]e will evaluate FAA's actions to address maintenance non-compliances and violations at the air carrier," Smith said Thursday in a memo. "[R]ecent safety events with United Airlines -- such as flight diversions that can be traced to mechanical problems -- serve to remind us that FAA oversight of maintenance programs is paramount."

The Office of Inspector General said they will begin the audit later in May at FAA headquarters in Washington and will visit United Airlines' maintenance hubs in Chicago.

"We welcome outside scrutiny and will cooperate fully with the audit," the FAA said in a statement to MT Newswires.

United Airlines declined to comment to MT Newswires.

Price: 53.05, Change: +0.03, Percent Change: +0.06

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 >
General Motors, Lithium Americas to Form Joint Venture to Develop Thacker Pass Mine
General Motors, Lithium Americas to Form Joint Venture to Develop Thacker Pass Mine
Oct 17, 2024
04:31 PM EDT, 10/16/2024 (MT Newswires) -- General Motors ( GM ) and Lithium Americas ( LAC ) agreed to establish a joint venture that will see the automaker inject $625 million to develop and operate a lithium mine, a key raw material source for electric vehicles. GM will acquire a 38% asset-level ownership stake in Nevada's Thacker Pass project...
American Lithium Drops 5% After Hours as its Fiscal Q2 Loss Narrows on Lower Costs
American Lithium Drops 5% After Hours as its Fiscal Q2 Loss Narrows on Lower Costs
Oct 17, 2024
04:59 PM EDT, 10/16/2024 (MT Newswires) -- American Lithium ( AMLI ) was last seen down 5% in after-hours Nasdaq trading after the company Wednesday said its fiscal second-quarter loss narrowed on lower costs. The company said it lost $6.05 million, or $0.03 per share, in the quarter ended Aug.31, compared with a loss of $10.58 million, or $0.05, in...
Alcoa Swings to Profit in Q3, Sales Increase; Shares Rise After Hours
Alcoa Swings to Profit in Q3, Sales Increase; Shares Rise After Hours
Oct 17, 2024
04:55 PM EDT, 10/16/2024 (MT Newswires) -- Alcoa ( AA ) reported Q3 adjusted earnings late Wednesday of $0.57 per share, swinging from a loss of $1.14 a year earlier. Analysts polled by Capital IQ expected earnings per share of $0.33. Revenue for the quarter ended Sept. 30 was $2.90 billion, up from $2.60 billion a year earlier. Analysts surveyed...
Equifax Q3 Adjusted Earnings, Revenue Rise; Guidance Issued -- Shares Fall After Hours
Equifax Q3 Adjusted Earnings, Revenue Rise; Guidance Issued -- Shares Fall After Hours
Oct 17, 2024
04:31 PM EDT, 10/16/2024 (MT Newswires) -- Equifax ( EFX ) reported Q3 adjusted earnings late Wednesday of $1.85 per diluted share, up from $1.76 a year earlier. Analysts polled by Capital IQ expected $1.83. Revenue in the quarter ended Sept. 30 rose to $1.44 billion from $1.32 billion a year earlier. Analysts surveyed by Capital IQ expected $1.45 billion....
Copyright 2023-2026 - www.financetom.com All Rights Reserved