HomeAbout

TL;DR CNBC


U.S. plans to spend billions to update air-traffic control system - TL;DR CNBC

U.S. plans to spend billions to update air-traffic control system

Publishing timestamp: 2025-05-08 22:30:58


Summary

Transportation Secretary unveils plan to modernize U.S. air traffic control system at a cost of tens of billions of dollars to address congestion, delays, and safety. Program will involve upgrading radar systems, air traffic control towers, and increasing staffing. Airlines and others expected to call for around $31 billion in spending.


Sentiment: NEUTRAL

Tickers: BAAIR-FR

Keywords: business newsairbus sesean duffydonald trumpairlinesbreaking news: businesstransportationdonald j. trumpfederal aviation administrationboeing counited states

Source: https://www.cnbc.com/2025/05/08/us-plans-to-spend-billions-to-update-air-traffic-control-system.html


Developed by Leo Phan