Finance Fusion Network
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
  • Investing
  • Latest News
  • Editor’s Pick
  • Economy
No Result
View All Result
Finance Fusion Network
No Result
View All Result

US airline industry lobbying group chief retiring at end of year

by
January 14, 2025
in Investing
0
US airline industry lobbying group chief retiring at end of year

By David Shepardson

WASHINGTON (Reuters) – The long-time head of the trade group Airlines for America who helped U.S. airlines win $54 billion in federal COVID relief funds will retire at the end of the year.

Nick Calio, a former aide to President George W. Bush, has headed the influential airline lobbying group since 2011 that includes American Airlines (NASDAQ:AAL), Delta Air Lines (NYSE:DAL), United Airlines, FedEx (NYSE:FDX) and Southwest Airlines (NYSE:LUV). He has also pushed for more funding for air traffic controllers and battled with the Biden administration over regulatory efforts.

Congress approved $54 billion in three rounds covering much of U.S. airline payroll costs for 18 months during the pandemic. Calio also defended airlines’ actions to stay afloat as passenger traffic plummeted.

Last year, Calio urged the Biden administration to take swift action to address a long-standing air traffic controller shortage and out-of-date facilities and technology.

“Business as usual isn’t cutting it,” Calio said in a speech in Washington last year. “It is an urgent problem. It’s easy to ignore maybe on a day-to-day basis, but we have to come up with a plan to address it.”

President Joe Biden and Transportation Secretary Pete Buttigieg have repeatedly sparred with airlines, while Airlines for America and some carriers last year convinced a U.S. appeals court to block USDOT’s new rule on upfront disclosure of airline fees pending a full review.

The Federal Aviation Administration is still about 3,000 controllers behind staffing targets and has about 10,600 certified controllers.

In June, the FAA again extended cuts to minimum flight requirements at congested New York City-area airports through October 2025, citing a shortage of air traffic controllers.

Airlines have successfully fought against many proposals in Congress in recent years, including one to require “reasonable” baggage fees, a mandate for airline-caused delay compensation or another that could seriously harm the profitable airline credit card business.

This post appeared first on investing.com
Previous Post

RedNote gains popularity as TikTok ban looms in the U.S.

Next Post

Kymera stock surges on product pipeline update

Next Post
Kymera stock surges on product pipeline update

Kymera stock surges on product pipeline update

  • Trending
  • Comments
  • Latest
DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

DAVID MARCUS: Public broadcasting’s purpose has passed. It’s time to pull the plug

February 7, 2025
Over 158 million Americans voted in 2024 as Trump reclaimed the White House

Over 158 million Americans voted in 2024 as Trump reclaimed the White House

July 7, 2025
Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

Elon Musk connects with indie Andrew Yang on billionaire former Trump ally’s third party push

July 8, 2025
China expands scope of consumer trade-ins for home appliances

China expands scope of consumer trade-ins for home appliances

January 8, 2025
Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel

Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel

0
Harris campaign officials explain what went wrong –  and what Trump did right: report

Harris campaign officials explain what went wrong – and what Trump did right: report

0
New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

New Republican Governors Association chair says ‘focus’ is on helping Trump get ‘off to a strong start’

0
NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

NVIDIA Corporation (NASDAQ:NVDA) shares fell roughly 3%

0
Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel

Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel

August 3, 2025
Trump tells Schumer to ‘GO TO HELL’ over Senate nominee deal funding demands after negotiations collapse

Trump tells Schumer to ‘GO TO HELL’ over Senate nominee deal funding demands after negotiations collapse

August 3, 2025
Pirro confirmed as D.C. U.S. Attorney amid partisan clash as Dem nominee blockade continues

Pirro confirmed as D.C. U.S. Attorney amid partisan clash as Dem nominee blockade continues

August 3, 2025
Dems dig in, Trump demands all: Nominee fight boils over in Senate as GOP looks for a deal

Dems dig in, Trump demands all: Nominee fight boils over in Senate as GOP looks for a deal

August 2, 2025

    Fill Out & Get More Relevant News

    Stay ahead of the market and unlock exclusive trading insights & timely news. We value your privacy - your information is secure, and you can unsubscribe anytime. Gain an edge with hand-picked trading opportunities, stay informed with market-moving updates, and learn from expert tips & strategies.

    Recent News

    Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel

    Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel

    August 3, 2025
    Trump tells Schumer to ‘GO TO HELL’ over Senate nominee deal funding demands after negotiations collapse

    Trump tells Schumer to ‘GO TO HELL’ over Senate nominee deal funding demands after negotiations collapse

    August 3, 2025
    Pirro confirmed as D.C. U.S. Attorney amid partisan clash as Dem nominee blockade continues

    Pirro confirmed as D.C. U.S. Attorney amid partisan clash as Dem nominee blockade continues

    August 3, 2025
    Dems dig in, Trump demands all: Nominee fight boils over in Senate as GOP looks for a deal

    Dems dig in, Trump demands all: Nominee fight boils over in Senate as GOP looks for a deal

    August 2, 2025

    Top News

    Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel

    Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel

    August 3, 2025
    Trump tells Schumer to ‘GO TO HELL’ over Senate nominee deal funding demands after negotiations collapse

    Trump tells Schumer to ‘GO TO HELL’ over Senate nominee deal funding demands after negotiations collapse

    August 3, 2025

    Latest News

    • Ex-Trump prosecutor Jack Smith under investigation by government watchdog Office of Special Counsel
    • Trump tells Schumer to ‘GO TO HELL’ over Senate nominee deal funding demands after negotiations collapse
    • Pirro confirmed as D.C. U.S. Attorney amid partisan clash as Dem nominee blockade continues

    About Finance Fusion Network

    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions
    • About us
    • Contact us
    • Privacy Policy
    • Terms & Conditions

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.

    No Result
    View All Result
    • Investing
    • Latest News
    • Editor’s Pick
    • Economy

    Copyright © 2024 Financefusionnetwork.com. All Rights Reserved.