U.S. offers incentives to boost air traffic hiring, retention
Publishing timestamp: 2025-05-01 18:12:58
Summary
The U.S. Transportation Department is taking steps to address a significant staffing shortage of air traffic controllers by offering retirement-eligible controllers a lump sum payment to continue working. Transportation Secretary aims to ask Congress for billions of dollars to reform the air traffic control infrastructure. Calls for modernization intensified after recent safety incidents. FAA plans to improve retention of new trainees and provide financial incentives. President Trump mentioned IBM or Raytheon could get the contract to modernize air traffic control.
Sentiment: NEUTRAL
Keywords: business, aerospace and defense industry, u.s. department of transportation, travel, delta air lines inc, air traffic control, american airlines group inc, transportation, international business machines corp, federal aviation administration, breaking news: business, business news,
Source: https://www.cnbc.com/2025/05/01/us-offers-incentives-to-boost-air-traffic-hiring-retention.html