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00:02The Federal Aviation Administration said it plans to hire 2,300 air traffic controller
00:07trainees as it addresses a staffing shortage of about 3,500 fully certified controllers,
00:12according to Reuters. The agency employed 13,164 controllers at the end of September,
00:17down 6% from a decade earlier, with many working overtime and six-day work weeks.
00:22The agency is seeking $95.4 million for hiring and $39 million to expand aviation and commercial
00:28space oversight, compliance, and enforcement. Congress approved $12.5 billion last year for
00:34system upgrades and additional hiring. The Transportation Secretary is seeking $7 billion
00:38to $10 billion for technology improvements. The FAA is also raising starting salaries,
00:43offering retention incentives, and accelerating hiring timelines.
00:46For all things money, visit Benzinga.com.
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