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FAA Weighs Pullback in Newark Flights; Trump Floats Tax on Rich | Bloomberg Businessweek
Posted
May 10, 2025
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May 10, 2025
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Airlines and US aviation officials plan to meet on further flight cutbacks at Newark airport following multiple breakdowns in radar systems, according to people familiar with the matter.
The plan currently under consideration would encourage carriers to voluntarily decrease the number of flights for a limited period at the transportation hub outside New York City, said the people, who asked not to be identified discussing private deliberations. The Department of Transportation is expected to schedule discussions with airline leaders in the coming weeks, one of the people said.
The urgency for such a meeting was underscored Friday by a second incident in which air traffic controllers guiding planes in and out of Newark Liberty International Airport briefly lost communications and radar displays. It follows a similar breakdown on April 28. Neither resulted in injuries or accidents.
Today's show features:
George Ferguson, Bloomberg Intelligence senior aerospace, defense & airlines analyst
Erik Wasson, Bloomberg News congressional reporter on Trump Cautions GOP on Tax Hike for Rich, But He’s ‘OK’ With It and SALT Republicans Have to Accept ‘Unhappy’ Deal, GOP Chair Warns
Nina Trentmann, Bloomberg News senior editor & Procore CFO Howard Fu on his company's outlook and his perspective on how tariffs could impact construction
Chris Palmeri, Bloomberg News entertainment reporter & Andrew Silverman, Bloomberg Intelligence Government analyst on Trump Plans 100% Levy on Foreign Films, Deepening Trade War and how film tariffs would actually function
Hosts: Matt Miller and Norah Mulinda
Producer: Justin Milliner
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Carol Massar and Tim Stenovec bring together the latest news from the world of business and finance and the interesting stories of global technology, politics, economics and more by harnessing the power of Bloomberg Businessweek reporters and editors.
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