Boeing and Airbus Lead Aviation Sector in Request for $20 Billion to Modernize U.S. Air Traffic Control
The aviation industry, including Boeing (BA), Airbus SE (AIR.PA), major airlines like American Airlines Group Inc. (AAL) and United Airlines Holdings Inc. (UAL), is urging Congress to approve a $20 billion funding package for modernizing the U.S.'s aging air traffic control systems. The initiative aims to replace outdated facilities, deploy next-generation technology, improve safety, and reduce flight disruptions.
Topics: air traffic control aviation funding government lobbying