financetom
Business
financetom
/
Business
/
US airline CEOS to back Trump administration air traffic control reform plan
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US airline CEOS to back Trump administration air traffic control reform plan
May 26, 2025 2:55 AM

WASHINGTON, May 7 (Reuters) - The CEOs of the five

largest U.S. airlines on Thursday plan to back the Trump

administration's plan to spend tens of billions of dollars to

reform the aging air traffic control system and boost hiring,

officials said.

Delta Air Lines ( DAL ), United Airlines, American

Airlines ( AAL ), Southwest Airlines ( LUV ) and JetBlue Airways ( JBLU )

chief executives are all expected to speak at an event

Thursday in which Transportation Secretary Sean Duffy will

detail his proposal to Congress.

Also expected to attend are some relatives of the 67 people

killed in the Jan. 29 mid-air collision of an American Airlines ( AAL )

regional jet and a U.S. Army helicopter near Reagan Washington

airport.

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 >
Broadcom forecasts second-quarter revenue above estimates
Broadcom forecasts second-quarter revenue above estimates
Mar 6, 2025
(Reuters) - Broadcom ( AVGO ) forecast second-quarter revenue above Wall Street expectations on Thursday, bolstered by strong demand for its custom artificial intelligence chips from companies looking to process big data. The company expects revenue of around $14.9 billion, compared with estimates of $14.76 billion, according to data compiled by LSEG. (Reporting by Zaheer Kachwala in Bengaluru; Editing by...
US extends protection of Venezuela-owned Citgo from creditors
US extends protection of Venezuela-owned Citgo from creditors
Mar 6, 2025
WASHINGTON, March 6 (Reuters) - The U.S. Treasury Department has extended to early July a license that protects Venezuela-owned refiner Citgo Petroleum from creditors, a notice posted on the department's website on Thursday showed. The move followed termination by President Donald Trump's administration of a key license to Chevron ( CVX ) to operate in Venezuela. Venezuela's opposition has asked...
Guild Q4 Adjusted Earnings, Revenue Rise; Extends Share Repurchase Program
Guild Q4 Adjusted Earnings, Revenue Rise; Extends Share Repurchase Program
Mar 6, 2025
04:24 PM EST, 03/06/2025 (MT Newswires) -- Guild (GHLD) reported Q4 adjusted diluted earnings Thursday of $0.32 per share, up from $0.20 a year earlier. Analysts polled by FactSet expected $0.34. Revenue for the quarter ended Dec. 31 was $373 million, up from $57.2 million a year earlier. Analysts surveyed by FactSet expected $303.2 million. Meanwhile, the company's board declared...
Costco beats quarterly sales estimates on bulk buying surge
Costco beats quarterly sales estimates on bulk buying surge
Mar 6, 2025
(Reuters) - Costco Wholesale ( COST ) beat Wall Street expectations for second-quarter revenue on Thursday, as its members shopped more goods, including groceries, home furnishings and electronics, in bulk from its retail outlets amid rising living costs. The company's quarterly revenue rose 9% to $63.72 billion, compared with analysts' average expectations of $63.13 billion according to data compiled by...
Copyright 2023-2026 - www.financetom.com All Rights Reserved