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Are US Airline Leaders Hopeful About Trump's Return?

USAThursday, November 21, 2024

Some US airline CEOs are looking at the future with Donald Trump's presidency with optimism. Ed Bastian, Delta Air Lines CEO, said Trump's administration might bring a "breath of fresh air" by relaxing regulations. During his campaign, Trump pledged to cut back on what he sees as excessive regulations. The aviation industry is heavily regulated, so big changes are unlikely. But the current rules, like those protecting consumers pushed by Secretary Pete Buttigieg, have caused some tension with airlines. Airline executives hope the new administration will loosen up on consumer rules. Bastian mentioned Trump's promise to review and reverse some regulations. Southwest Airlines CEO Robert Jordan also expressed similar views, saying he hopes for a "less aggressive" Department of Transportation. Both Delta and Southwest stocks surged after Trump's re-election. Investors are betting that Trump's pro-business stance from his first term will return. ologists see less scrutiny for airlines on mergers and customer service rules with Trump in charge. Back in his first term, Trump's administration was more lenient on airline mergers compared to Biden's stricter approach.

trump administration robert jordan secretary pete buttigieg ed bastian donald

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