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Fourth of July Weekend Will Test Airlines Struggling to Bounce Back

Delays and cancellations have plagued air travel. The July 4th weekend could be the biggest challenge to date for the aviation industry, which faces customer, regulatory and investor oversight.

The industry has not fully recovered from the depth of the pandemic. The airline was enthusiastic about reducing costs, uncertain about the future of travel, stopped employment and offered an early retirement package.

now, They are scrambling, DealBook Newsletter Report.On Thursday, American Airlines CEO Robert Isom said the company The pilot’s salary increase provided will total about 17% As part of a fierce talent war.

Executives from other airlines are focusing on staffing challenges. “Most airlines will not be able to realize their capacity plans due to lack of pilots for at least the next five years,” United Airlines CEO Scott Kirby said in April.

The airline has identified the FAA’s responsibilities and states that the FAA is experiencing its own staff shortages and pandemic-related absenteeism.

“Comparing this year’s business to three years ago, air traffic control was the biggest problem that impacted our business,” Frontier CEO Barry Biffle told DealBook.

Airline representatives met with the FAA on Thursday Discuss travel turmoil..

Passengers are angry no matter who is responsible. They filed 3,173 complaints against US airlines in April. According to a recent report from the Transport Bureau, Refunds, delays, baggage and other issues. This is almost three times the complaint made a year ago.

Investors are also dissatisfied as they are considering other challenges, such as rising fuel prices. The share of most major US airlines has fallen by about 30 percent this year.

Senator Bernie Sanders, an independent Vermont, asks Secretary of Transportation Pete Butigeg: Demands airlines to pay a $ 15,000 fine Per passenger for certain delays unrelated to the weather.Republicans are asking Butigeg to explain the administration We will deal with the flight turmoil.

Ed Bastian, Chief Executive Officer of Delta Air Lines, I posted a note on Thursday This was like an effort to overcome the pain of a vacation trip. “We apologize for any recent delays or cancellations.”

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