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Stock impact report

US airlines ask the Biden administration not to approve additional flights between the US and China [Yahoo! Finance]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
the tarmac at the Beijing Capital International Airport Saturday, Nov. 19, 2016. The biggest U.S. airlines and their unions are asking the Biden administration in a letter Thursday, April 11, 2024, to stop approving more flights to the United States by Chinese airlines. (AP Photo/Andy Wong, File) WASHINGTON (AP) — Large U.S. airlines and some of their unions are asking the Biden administration to stop approving any more flights between the United States and China because of what they call “anti-competitive” policies that China imposes on U.S. carriers. The airlines and unions said Thursday that China closed its market to U.S. carriers at the outbreak of the pandemic and imposed rules that still affect American operations and airline crews. “These actions demonstrated the clear need for the U.S. government to establish a policy that protects U.S. aviation workers, industry and air travelers,” they said in a letter to Secretary of State Antony Blinken and Transportation Secretary Show less Read more
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