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  • 5/17/2024
President Biden signed sweeping aviation legislation to boost air traffic controller staffing, increase funding to prevent runway incidents, and speed up flight refunds. The $105 billion bill reauthorizes the Federal Aviation Administration for five years and includes new consumer protections and safety measures. It prohibits airlines from charging fees for families to sit together and requires cockpit voice recorders that operate for 25 hours. Maximum penalties for airline consumer violations will increase from $75,000 per violation to $105 billion.
Transcript
00:00 It's Benzinga and here's what's on the block.
00:02 President Biden signed sweeping aviation legislation that will boost air traffic controller staffing,
00:07 increase funding to prevent runway incidents, and speed up flight refunds.
00:11 The $105 billion bill reauthorizes the Federal Aviation Administration for five years
00:16 and includes new consumer protections and safety measures.
00:19 It prohibits airlines from charging fees for families to sit together and requires
00:23 cockpit voice recorders that operate for 25 hours.
00:26 Maximum penalties for airline consumer violations will increase from $75,000 per violation.
00:32 For all things money, visit Benzinga.com.
00:34 [BLANK_AUDIO]

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