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Air travel could be the catalyst for a resolution to the shutdown, says TD Cowen's Tom Fitzgerald
CNBC Television· 2025-10-16 11:46
Government Shutdown Impact on Air Travel - The government shutdown is beginning to cause disruptions to air travel [1] - The system has shown resilience with only a slight increase in delays and no spike in cancellations, resembling bad weather impact [2] - Air traffic control (ATC) and TSA employees going without pay could lead to increased absenteeism and potential ground stops for safety [3][4] - A prolonged shutdown extending into November could materially impact GDP [5] - Air travel is considered the lifeblood of the economy, and disruptions can have significant consequences [4][5][9][10] Airline Performance and Trends - Delta and United show broadly similar results with robust outlooks for the fourth quarter [6] - Both airlines are well-positioned to benefit from strong demand in corporate, premium, and international travel [6] - International travel shows an extended seasonality with more Americans traveling to Europe in October and around the holidays [6] - Full-service airlines are better equipped to cater to diverse customer needs through revenue segmentation and basic economy offerings [7] Potential Resolution Catalyst - Air travel disruptions might serve as a catalyst for resolving the government shutdown [4][8][9] - The aviation infrastructure's importance to the economy makes it a potential political football [9]
Former FAA Administrator: 'Growing concern' about how government shutdown is affecting air traffic
CNBC Television· 2025-10-10 16:48
Meanwhile, major airports across the United States reporting thousands of delays since the beginning of the government shutdown. Those disruptions being exacerbated by staffing shortages as air traffic controllers go without pay. It's a challenge our next guest says could escalate from delays to flight cancellations if the shutdown lasts a long time.Joining us this morning is Marian Blakey, former FAA administrator, NTSB chair, CEO of Rolls-Royce North America. Marian, appreciate the time and the help. Good ...
X @Bloomberg
Bloomberg· 2025-10-10 12:35
Unpaid air traffic controllers and airport snarls show we need a better way to handle plane travel, @tomwblack says (via @opinion) https://t.co/78ObFtOt6o ...
X @BBC News (World)
BBC News (World)· 2025-10-10 02:39
US Transportation Secretary threatens to fire absent air traffic controllers https://t.co/EadzzaaXuY ...
X @Forbes
Forbes· 2025-10-09 21:22
Flyers should expect unpaid air traffic controllers to call in sick more often as the government shutdown continues, a veteran air traffic controller told Forbes, as the stress of working without pay in a critically understaffed agency has become “untenable.” https://t.co/SdO7ojgm5o ...
'Issues only going to exacerbate': Airports face delays, staff shortages amid shutdown
MSNBC· 2025-10-08 16:25
FAA Shortage & Shutdown Impact - FAA already facing a shortage of approximately 3,000 air traffic controllers who are now working without pay [1][3] - Increased sick calls are reported by the Department of Transportation, leading to major delays and greater shortages [1] - The shutdown is causing uncertainty, stress, fatigue, and frustration among air traffic controllers [3] - Burbank Airport experienced a period with no air traffic controllers on duty [4] Air Traffic Controller Concerns - Air traffic controllers are dealing with a short-staffed system and unreliable equipment [5] - Fatigue among air traffic controllers is expected to worsen as the shutdown continues, especially with concerns about zero dollar paychecks [8] - Air traffic controllers may seek additional income sources (e g, Uber, Door Dash) which could exacerbate fatigue and impact their performance [8][9] - The National Air Traffic Controllers Association emphasizes that air traffic controllers are caught in the crossfire of political issues [10] Operational Impact - The current situation is highlighting the impact of even a small number of staff absences on daily operations [7] - Over 45,000 planes and 3 million passengers are moved daily [5]
NBC Nightly News Full Episode - Oct. 7
NBC News· 2025-10-08 02:23
Aviation Industry Impact - Government shutdown leads to air traffic controller staffing shortages, causing major airport delays in Nashville and Chicago [1][5][6] - FAA warns that Philadelphia, Indianapolis, Albuquerque, Dallas, Houston, and Boston could also be affected by potential controller shortages [7] - Controller shortages have also caused delays at Newark, Denver, and Phoenix [8] - Air traffic controllers are working without pay and mandatory overtime, potentially leading to increased sick calls and further delays [8][9][12] Weather and Disaster Events - Life-threatening flash floods in Louisville, Kentucky, with over 4 inches (1016 mm) of rain falling in one day [13] - A potentially dangerous storm is tracking towards the East Coast, with possible coastal flooding and power outages [2][16] Geopolitical and Security Issues - Israel marks 2 years since the Hamas terror attacks, with ongoing negotiations to save hostages [4][26] - Illegal border crossings have plummeted to record lows under President Trump's policies, with encounters dropping from over 2,000 to 20 migrants per day in Eagle Pass, Texas [29][30] - DHS touting the lowest number of illegal border crossings since 1970 [31] Legal and Justice System - Attorney General Pam Bondi grilled by Senate Democrats regarding DOJ investigations and the Epstein files [2][17] - A woman overturned a ruling against her by using AI (ChatGPT) to draft motions and briefs, highlighting both the potential and risks of AI in legal battles [4][36][37][41] Technology and AI - More Americans are using AI instead of paying lawyers, but AI can create hallucinations, legal citations that don't actually exist [4][36][38] Human Interest and Community - Heroic drivers helped lift a crashed medical helicopter to free a trapped passenger [3][22][23] - A dog named Eeyore led a sheriff's deputy to a missing 86-year-old woman [43][44] - A high school freshman football player surprised a cheerleader with a homecoming proposal, creating a heartwarming viral moment [4][45][46]
Transportation Secretary: Air traffic controllers are 'stressed out' amid the government shutdown
CNBC Television· 2025-10-07 13:03
Government Shutdown Impact on Air Traffic Control - Government shutdown is causing stress among air traffic controllers due to potential paycheck delays, impacting their ability to work overtime and maintain safety [2][3][7] - The shutdown is exacerbating existing staffing shortages, with the air traffic control system already short over 2,000 controllers [12] - Potential furloughs of support staff could disrupt training for new controllers, hindering efforts to address the controller deficit [16][17] - Airlines are currently managing the issues, but prolonged delays could lead to public outcry and pressure to end the shutdown [19][20] Air Traffic Controller Workforce - Air traffic controllers are working with outdated equipment, some of which is 20-50 years old [3] - The industry is actively working to increase the throughput of the academy by 20% to address the shortage of controllers [13] - The time frame for a candidate to enter the academy has been reduced to attract more applicants [14] - Air traffic controllers can earn significant income, with potential earnings up to $400,000 per year with overtime in areas like New York [13] Funding and Infrastructure - The industry needs $31 billion to revamp the air traffic control system, with $125 billion already secured [20][21]
Transportation Secretary Sean Duffy on opening airspace to eVTOLs
CNBC Television· 2025-08-14 15:15
Airspace Usage & Cost Allocation - Airspace users should contribute to covering costs, potentially through fuel taxes [2] - Charges should consider the infrastructure used, such as air traffic control, airports, and launchpads [5] - Cost differences exist between commercial and private aviation due to varying infrastructure needs [1][4] Infrastructure & Technology - Terminals costing billions of dollars may warrant higher taxes/rates for airlines [1] - Private aviation often uses less of the massive airport infrastructure [1] - Electric vertical takeoff and landing (Evatl) aircraft require smaller infrastructure, impacting cost structure [4] Regulatory Considerations - Congress will ultimately determine the specific implementation of airspace usage fees [2] - The debate centers on whether charges should be based on planes versus people [3]
Transportation Sec. Duffy on upgrades to air traffic control, enabling commercial space competition
CNBC Television· 2025-08-14 12:32
Air Traffic Control & Infrastructure - The FAA is working to update air traffic control infrastructure and technology, with $125 billion allocated as a down payment towards the total $315 billion needed [4] - Air traffic control improvements are expected to yield a 10 to 20 times return on investment [5] - There is a deficit of 3,000 air traffic controllers, and efforts are underway to streamline the hiring process and retain existing controllers with a 20% bonus for those who stay on after 25 years of service [7][8] - The FAA plans to deploy sensors on busy runways to actively control planes and prevent near misses [11] Space Industry & Regulation - The Commercial Space Industry aims to expedite innovation and streamline regulation [1] - The US has 60% of the space launch business, down from 100%, due to excessive regulations, and the goal is to streamline processes to encourage more launches from America [34] - The cost to launch a satellite into space has decreased to a little over $1 million due to innovation from companies like SpaceX and Blue Origin [38] - The government aims to treat all space companies fairly, providing equitable access to launchpads and licensing to foster competition [41] Aviation Taxes & Privatization - Everyone using the airspace should help pay for it, often through fuel taxes [17] - Infrastructure usage, such as air traffic control, airports, and launchpads, should factor into taxation, with different structures for commercial and private aviation [19][20] - Privatizing air traffic control was considered but did not pass, and is not currently being pursued [20][21] Criticism of Previous Administration - The previous Secretary of DOT was criticized for focusing on DEI and climate initiatives instead of addressing basic infrastructure needs [24] - $7 billion allocated for charging stations resulted in only 84 being built due to regulations related to DEI and green initiatives [29]