Infrastructure & Investment - The industry needs to update air traffic control infrastructure and technology [1] - The industry has received $12.5 billion as a down payment for infrastructure updates [1] - An additional $31.5 billion is required to complete the air traffic control infrastructure project [1] - The industry anticipates a 10 to 20x return on investment in air traffic control [2] Air Traffic Controller Workforce - Shortage of air traffic controllers contributes to flight delays [2] - The industry is streamlining the application process to attract more air traffic controllers [2] - The air traffic controller academy has a 35% washout rate [3] - The industry is prioritizing the best-qualified candidates for the academy [3] - The industry is offering a 20% upfront bonus to controllers who stay on after 25 years of service [5] - The industry faces a deficit of 3,000 air traffic controllers [5]
DOT Sec. Sean Duffy offers update on air traffic control upgrades
CNBC Television·2025-08-14 13:51