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Delta CEO urges Washington to increase FAA funding after 'unacceptable' outage - TL;DR CNBC

Delta CEO urges Washington to increase FAA funding after 'unacceptable' outage

Publishing timestamp: 2023-01-13 14:01:57


Summary

Delta Air Lines CEO Ed Bastian called on Washington to increase funding for the Federal Aviation Administration after an outage of the pilot alert system that grounded thousands of flights across the US this week. The FAA determined that the data file was damaged by personnel who failed to follow procedures. Delta reported fourth-quarter results that topped analysts' expectations, but warned higher costs would continue to dent profit.


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Keywords: united stateslifepoliticsaerospace and defense industrywashingtonbusinesstravelairlinessouthwest airlines cobusiness newsdelta air lines inced bastiantransportationbreaking news: business

Source: https://www.cnbc.com/2023/01/13/faa-funding-needed-after-outage-delta-ceo-says.html


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