financetom
Business
financetom
/
Business
/
US Congress passes broad aviation safety, consumer bill
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
US Congress passes broad aviation safety, consumer bill
May 15, 2024 11:48 AM

WASHINGTON, May 15 (Reuters) - The U.S. House of

Representatives on Wednesday overwhelmingly passed a broad

aviation bill to boost air traffic controller staffing, increase

funding to avert runway close-call incidents, and speed refunds

for canceled flights.

The 387-26 vote sends the $105 billion, five-year measure to

reauthorize the Federal Aviation Administration (FAA) to

President Joe Biden for his signature.

The bill prohibits airlines from charging fees for families

to sit together and requires airplanes to be equipped with

25-hour cockpit recording devices, up from the current

two-hours, and directs the FAA to deploy advanced airport

surface technology to help prevent collisions.

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 >
Kimco Realty raises annual FFO forecast on strong leasing demand
Kimco Realty raises annual FFO forecast on strong leasing demand
Nov 3, 2024
Oct 31 (Reuters) - Kimco Realty ( KIM ) raised its forecast for annual funds from operations and beat Wall Street estimates for third-quarter FFO on Thursday, helped by strong leasing demand at the real estate investment trust's grocery-anchored retail centers. WHY IT IS IMPORTANT A decline in new commercial space developments and fierce competition among retailers have strengthened demand...
Kimco Realty's Q3 Funds From Operations, Revenue Rise; Lifts Full-Year FFO Outlook, Raises Dividend
Kimco Realty's Q3 Funds From Operations, Revenue Rise; Lifts Full-Year FFO Outlook, Raises Dividend
Nov 3, 2024
07:18 AM EDT, 10/31/2024 (MT Newswires) -- Kimco Realty ( KIM ) reported Q3 funds from operations Thursday of $0.43 per diluted share, up from $0.40 a year earlier. Analysts polled by Capital IQ expected $0.41. Revenue for the quarter ended Sept. 30 was $507.6 million, up from $446.1 million a year earlier. Analysts surveyed by Capital IQ expected $498.9...
Eaton Q3 Adjusted Earnings, Net Sales Increase; Full-Year Outlook Raised
Eaton Q3 Adjusted Earnings, Net Sales Increase; Full-Year Outlook Raised
Nov 3, 2024
07:15 AM EDT, 10/31/2024 (MT Newswires) -- Eaton (ETN) reported Q3 adjusted earnings Thursday of $2.84 per share, up from $2.47 a year earlier. Analysts polled by Capital IQ expected $2.80. Net sales for the quarter ended Sept. 30 were $6.35 billion, compared with $5.88 billion a year earlier. Analysts polled by Capital IQ expected $6.37 billion. The company expects...
Veren Swings to Q3 Profit, Updates Guidance
Veren Swings to Q3 Profit, Updates Guidance
Nov 3, 2024
07:15 AM EDT, 10/31/2024 (MT Newswires) -- Veren ( VRN ) on Thursday said it swung to a profit in the third quarter. The company reported profit of $277.2 million, or $0.45 per diluted share, compared with a loss of $810 million, or $1.52 per share, last year. Cash flow from operating activities fell to $561.7 million, from $648.9 million....
Copyright 2023-2026 - www.financetom.com All Rights Reserved