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.
Sentiment: MIXED
Keywords: united states, life, politics, aerospace and defense industry, washington, business, travel, airlines, southwest airlines co, business news, delta air lines inc, ed bastian, transportation, breaking news: business,
Source: https://www.cnbc.com/2023/01/13/faa-funding-needed-after-outage-delta-ceo-says.html