Global aviation industry seeks share of U.S. infrastructure package

[turbinetree]

Source: Reuters

AEROSPACE AND DEFENSE
MARCH 31, 2021 2:37 PM UPDATED AN HOUR AGO

By Reuters Staff 2 MIN READ

(Reuters) - Global aviation companies made a plea on Wednesday for funding under a roughly $2 trillion U.S. infrastructure package proposed by President Joe Biden to revamp the economy, saying a cycle of modernization in the sector is long overdue.

“Now is the time to reassess longstanding aviation infrastructure investment priorities and to fund critical projects,” Alan Pellegrini, head of the U.S. division of French defense and aerospace group Thales SA, said at a U.S. Chamber of Commerce aviation summit.

Other speakers included the chief executives of leading U.S. airlines and aerospace companies.

Reporting by Tracy Rucinski; editing by Jonathan Oatis

Read more: https://www.reuters.com/article/us-usa-biden-infrastucture-aviation/global-aviation-industry-seeks-share-of-u-s-infrastructure-package-idUSKBN2BN33C

[msongs]

1. vultures circling the money pot nt

[KPN]

9. My thought exactly. In my 70 years, I've never known a time when there were figuratively almost

always so many vultures circling overhead. Today's greed level is breath taking. Can't help but wonder whether sufficient oversight will be in place to make sure that the money doesn't flow at a higher than pro-rata percent to the wealthiest pots already, or to scammers galore. I sure hope so.

[stillcool]

2. they should hit-up the airline execs...

they've got their own bail-out, tax-cut, money fund.

[KPN]

10. I like it. At least for am share of it.

[3825-87867]

3. OK, but...

How about we do it this way? You guys in the airline or whatever big business industry tell us what you need and WE will buy it for you and deliver it - for a "small fee" from you of course. That way there's no stock buy-back or bonuses for the overly greedy. After all, it's our money and we should have say in it. We shouldn't and then don't have to rely or even can depend on the BS the Right in Congress will make as excuses for their copro-rat dominatrices.

Too much public money is somehow diverted to other interests by big business when they claim they need something. The difference seems to be needing or WANTING some socialized hand-out.

[scarletwoman]

5. Well said.

[Beastly Boy]

4. Tomorrow's news: all the wealthy lib-hating anti-government GOP donors trampling over each other

to grab their piece of Biden's infrastructure package.

[KPN]

11. +111

[cinematicdiversions]

6. I would like to see some money for airports.

They don't have to be as nice as say Singapore's airport, but flying into Newark shouldn't feel like a bus terminal with planes.

[BobTheSubgenius]

7. A thoughtful and well-phrased reply would be something lile

"F*** OFF!" If a corporation needs a "cycle of modernization", shouldn't that be up to them? Are they going to share profits, should they earn any? My guess is "no, they are not."

[twodogsbarking]

8. The government supplies the airports

then the airlines reimburse the government. My uncle from Nigeria is sending me millions of dollars.