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Stock impact report

House passes aviation safety bill in response to deadly midair collision near D.C. [CBS News]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: CBS News
Senate with unanimous support and angered families of the victims of a deadly midair crash near Ronald Reagan Washington National Airport. In a 396 to 10 vote, the House approved the ALERT Act, which came in response to the January 2025 collision between an American Airlines passenger jet and an Army Black Hawk that killed all 67 people aboard both aircraft. The ALERT Act would require all aircraft, including military planes, that fly near busy airports to install safety instruments that can receive data about the locations of other aircraft in the vicinity. Most planes already have technology that broadcasts their locations, called ADS-B Out, but are not equipped with collision-avoidance technology referred to as ADS-B In. If American Airlines 5342 was equipped with ADS-B In, it could have prevented the fatal accident, according to the National Transportation Safety Board and victims' families. The bipartisan bill would also require military aircraft to install collision-preven Show less Read more
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