Latest news with #aviationindustry
CBS News
12 hours ago
- Business
- CBS News
As nation prepares for air traffic control overhaul, Vaughn College in Queens aims to be part of the solution. Here's how.
A college in Queens wants to be part of the solution when it comes to overhauling our country's air traffic control system. Transportation Secretary Sean Duffy told Congress it will take more than $31 billion to get it done nationwide, and he said time is of the essence. Vaughn College in Queens is full of students who say they're ready to face the aviation industry's biggest challenges — from staffing shortages to equipment failures. Training there encompasses everything from pilots running simulations over Long Island to aviation management majors who want to work for the Federal Aviation Administration. "It really starts to turn the gears in my head wondering, how did we get here? How can we implement solutions in the future so it doesn't happen again?" student Elvira Pereyaslov said. President Trump's tax and spending bill includes more than $12 billion to get started on a major overhaul of the nation's air traffic control system. Duffy, however, told Congress the project will need tens of billions more. He said he wants to build a new version of the system by 2028 to address recent equipment failures. "As the federal government decides the equipment and what it's going to look like, and where do they start — we're hoping New York. So goes New York, so goes the country," Vaughn College president Sharon DeVivo said. And as CBS News New York was first to report back in the spring, Vaughn College will soon train some new FAA air traffic control hires on campus. The goal of that new program is to fight a nationwide air traffic controller shortage and get more controllers on the job faster. "We've been approved by the FAA. We're ready to go. We've got new equipment. Our instructors helped design that curriculum," DeVivo said. The team at Vaughn said they'll launch that new program this fall. They say they're starting small, with about 9-15 trainees.
Daily Mail
a day ago
- Climate
- Daily Mail
BREAKING NEWS Qantas flight declares mid-air emergency with 63 people on board
A Qantas flight is understood to be attempting an emergency landing in Mildura. Sources said the plane had 'lost hydraulics on its wing flaps'. More to come...
Daily Mail
2 days ago
- Daily Mail
EXCLUSIVE Flight attendant exposes the huge issue airlines refuse to fix because it might 'offend' passengers - but it's making life hell for cabin crew
A former flight attendant has claimed airlines refuse to educate passengers about the proper etiquette of using plane toilets out of fear it will offend some of them. Marcus Daniels left his role in the aviation industry in 2019 after spending more than five years working as a flight attendant in Australia and the Middle East. While there were plenty of positives and negatives to the job, Mr Daniels highlighted one major issue with international flights: a lack of education about toilets. He has dozens of horror stories about the messes passengers would leave behind, mostly due to them having never used a Western-style toilet before. 'As cabin crew, you notice it happens on specific flights to specific destinations. We'll chat and find other crew picked up on the trend too,' Mr Daniels said. 'On those flights, passengers will defecate on the floor and you just do your best to smile and not say anything. 'You get used to it after a while and can start mentally preparing yourself for those flights.' In particular, Mr Daniels noted the affected routes were mainly those stopping in developing countries. 'It's not really a problem in first-world countries because we know how to use western toilets,' he said. 'Most of the confused passengers don't speak English as their first language so we can't really explain how to use the toilet. 'The issue is education. If they knew how to use the toilets, they would. 'It would be great if there were visual guides showing how to use the toilet properly, rather than just guides for flushing.' The issue may come as a shock to those who think of flight attending as a glamorous job, but Mr Daniels claimed the clean-ups were a regular occurrence. 'On these routes, we're having to constantly check the toilets to make sure they're clean and the toilet rolls aren't stuffed down the bins,' he said. 'On one flight I had a passenger who kept peeing on the floor. I tried to show her how to use the toilet, and she would nod and agree, then do it again. 'It got to the point where it was unsanitary for me as well so I had to lock off the toilet for the rest of the flight.' Despite the problem being well-known among international cabin crew, it has been largely ignored by airlines. 'Airlines are very particular about how they communicate with customers because they don't want to offend anyone,' Mr Daniels said. 'All of us are trying to be accepting of all cultures. However, there needs to be some kind of video or visual guide about using and keeping the toilets clean. 'It would be a dream come true. I have friends who are still working these routes and, nine years later, it's still an issue.'
Yahoo
4 days ago
- Business
- Yahoo
Citigroup (C) Partners With Ant International For Enhanced FX Solutions In Aviation Industry
Citigroup recently initiated a pilot FX risk management solution with Ant International, targeting the aviation industry's payment challenges. Over the last quarter, Citigroup's share price rose by 48%, significantly outperforming the broader market rise of 15% over the past year. This impressive performance can be partly attributed to the company's strong earnings report, where net income increased from the previous year, and its active share buyback strategy. Additionally, the inclusion of Citigroup in various Russell indices and multiple dividends announcements likely provided further momentum to the stock's gains. Buy, Hold or Sell Citigroup? View our complete analysis and fair value estimate and you decide. These 17 companies survived and thrived after COVID and have the right ingredients to survive Trump's tariffs. Discover why before your portfolio feels the trade war pinch. The recent announcement of Citigroup's pilot FX risk management solution with Ant International highlights its ongoing efforts to address challenges in the aviation industry's payment systems. This initiative could have positive implications on Citigroup's revenue and earnings forecasts, as it aligns with the company's strategic focus on innovation and client acquisition, potentially enhancing operational efficiency and widening profit margins. Over a five-year period, Citigroup's shareholders enjoyed a total return of 118.37%. This longer-term performance underscores the company's ability to generate value through market cycles, despite the challenges it faces due to economic and geopolitical uncertainties. Over the past year, Citigroup outperformed the broader market, delivering returns above the market's 15% increase. When examining the current share price of US$93.45 relative to the consensus price target of approximately US$99.12, there remains a modest discount of approximately 6%. The company's recent achievements and strategic initiatives may influence analysts' projections, potentially resulting in upward revisions to revenue and earnings estimates. Nonetheless, it's important to continuously assess the impact of macroeconomic factors, regulatory changes, and trade challenges that could alter these forecasts. Evaluate Citigroup's historical performance by accessing our past performance report. This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Companies discussed in this article include C. This article was originally published by Simply Wall St. Have feedback on this article? Concerned about the content? with us directly. Alternatively, email editorial-team@ Sign in to access your portfolio
The Independent
6 days ago
- Business
- The Independent
How the French air-traffic control strike impacted airlines
Easyjet 's chief executive Kenton Jarvis has criticised French air-traffic control strikes for causing "unacceptable challenges" and "significant costs" to airlines and passengers. The strikes on June 3 and 4 led to the cancellation of nearly 3,000 flights and delays for over 7,400 across Europe, costing the aviation industry an estimated €120m. Easyjet, along with other carriers like Ryanair, is pressuring the European Union to address the disruption caused by overflights when a country's air traffic controllers strike. For Easyjet, nearly half of its flights typically route over France, making it particularly vulnerable to French ATC industrial action. Despite the strike impact, Easyjet reported a £50m increase in headline profit for the April-June quarter, with 92 per cent of seats filled in June.
