Get 40% Off
🤯 Perficient is up a mind-blowing 53%. Our ProPicks AI saw the buying opportunity in March.Read full update

Trump, aviation executives to discuss infrastructure Thursday: sources

Published 02/08/2017, 11:43 PM
Updated 02/08/2017, 11:50 PM
© Reuters. U.S. President Donald Trump speaks during a meeting with Chief Executive Officer of Intel Brian Krzanich in the Oval Office of the White House in Washington.

By Alana Wise and David Shepardson

NEW YORK (Reuters) - U.S. aviation executives will discuss the industry's aging airports and air traffic control reform when they meet with President Donald Trump on Thursday, sources familiar with the matter told Reuters.

The White House meeting comes at a time of heightened tension within the industry after U.S. carriers raised concerns about ongoing trade agreements with foreign carriers. Trump has vowed to renegotiate or scrap trade deals he sees as unfair between the United States and other countries.

A source told Reuters the airlines expect last month's executive order barring travel from seven Muslim-majority countries may come up and if so, the carriers in attendance would stress the need for better coordination and planning ahead of announcing such an order instead of having it sprung on them, the source said.

The session will include reforming the air traffic control system, Transportation Security Administration issues, user fees and regulatory burdens, a White House official told Reuters.

The expected participants include the chief executives of Delta Air Lines Inc (NYSE:DAL), JetBlue Airways Corp, United Continental Holdings Inc, Atlas Air Worldwide Holdings Inc, Alaska Airlines and trade group Airlines for America, along with top officials from FedEx Corp (NYSE:FDX) and United Parcel Service Inc (NYSE:UPS), the official said.

Also expected to attend are airport directors from Los Angeles, Chicago, Tampa, Washington, Buffalo, Nashville and the Port Authority of New York and New Jersey.

American Airlines Chief Executive Officer Doug Parker, who called Trump's executive order on travel "divisive," is unable to attend due to a scheduling conflict with a conference he is hosting, company spokesman Matt Miller said.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Other industry executives have spoken out against the temporary travel ban saying it could hurt the industry and their employees.

During the 2016 election race Trump campaigned on improving U.S. infrastructure, talking about a $1 trillion infrastructure plan over a decade.

"Our airports are like from a third world country," Trump said at a presidential debate in September. "You land at LaGuardia, you land at Kennedy, you land at LAX, you land at Newark, and you come in from Dubai and Qatar and you see these incredible — you come in from China, you see these incredible airports, and you land — we’ve become a third world country."

OPEN SKIES

Heads of the three largest U.S. passenger carriers - American Airlines Group Inc, United and Delta - have sought to pressure the new administration into denouncing U.S. Open Skies agreements with the three major Middle Eastern carriers, which they accuse of having been unfairly subsidized by their governments. The three airlines, Qatar, Etihad and Emirates, have denied these claims.

The Trump administration has not yet addressed the U.S. carriers' competition concerns. Whether the issue is discussed on Thursday will be decided when the executives meet with Trump, White House spokesman Sean Spicer said.

"The president wants to talk about economic growth, job creation," Spicer said at the daily White House press briefing on Wednesday. He did not say which executives would attend the meeting.

Smaller U.S. carriers JetBlue, Atlas Air Wand Hawaiian Holdings Inc, as well as the air cargo unit of FedEx have formally banded together behind the Gulf carriers, against their larger competitors.

3rd party Ad. Not an offer or recommendation by Investing.com. See disclosure here or remove ads .

Also a point of contention is an order signed under departing former President Barack Obama granting flying rights to Norwegian Air International, which U.S. airlines and unions have said will undermine wages and working standards.

Spicer, during the Wednesday press briefing, said "there is a huge economic interest that America has in that deal right now," citing Norwegian's use of U.S. workers and Boeing (NYSE:BA) Co jets.

"I don't want to get ahead of the president on that; but just to be clear we're talking about U.S. jobs both in terms of the people who are serving those planes, and the persons building them," Spicer said.

Latest comments

Mr.Trump is the greatest President !!!
It looks like the President is determined to make US great.
Risk Disclosure: Trading in financial instruments and/or cryptocurrencies involves high risks including the risk of losing some, or all, of your investment amount, and may not be suitable for all investors. Prices of cryptocurrencies are extremely volatile and may be affected by external factors such as financial, regulatory or political events. Trading on margin increases the financial risks.
Before deciding to trade in financial instrument or cryptocurrencies you should be fully informed of the risks and costs associated with trading the financial markets, carefully consider your investment objectives, level of experience, and risk appetite, and seek professional advice where needed.
Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. The data and prices on the website are not necessarily provided by any market or exchange, but may be provided by market makers, and so prices may not be accurate and may differ from the actual price at any given market, meaning prices are indicative and not appropriate for trading purposes. Fusion Media and any provider of the data contained in this website will not accept liability for any loss or damage as a result of your trading, or your reliance on the information contained within this website.
It is prohibited to use, store, reproduce, display, modify, transmit or distribute the data contained in this website without the explicit prior written permission of Fusion Media and/or the data provider. All intellectual property rights are reserved by the providers and/or the exchange providing the data contained in this website.
Fusion Media may be compensated by the advertisers that appear on the website, based on your interaction with the advertisements or advertisers.
© 2007-2024 - Fusion Media Limited. All Rights Reserved.