Air-traffic controller furloughs were suspended yesterday as the U.S. Federal Aviation Administration acted on legislation designed to work around across-the-board spending cuts that kicked in last month.
Congress passed legislation to end days of flight delays stemming from air-traffic controller furloughs, letting the Federal Aviation Administration work around across-the-board spending cuts that kicked in last month.
The U.S. House passed legislation to end air-traffic controller furloughs, joining the Senate in letting the Federal Aviation Administration work around across- the-board budget cuts to end days of flight delays.
Nicholas Calio , who led Citigroup Inc. ’s efforts to shape financial regulations and served as top congressional liaison for U.S. presidents George H.W. Bush and George W. Bush , will become chief Washington lobbyist for the nation’s major airlines.
Airline industry officials said an increase in passenger-ticket taxes being considered by President Barack Obama would reduce travel demand and add to what the industry’s chief lobbyist called two decades of burdensome levies on carriers.
Goldman Sachs Group Inc. Chief Executive Officer Lloyd Blankfein is among the executives scheduled to meet with U.S. House Republican leaders on the so- called “fiscal cliff,” according to a House aide and another person familiar with the plans.