Major airlines warn of "catastrophic disruption" to travel and
shipping from 5G debut set for Wednesday by Verizon and AT&T
The
chief executives of America's largest airlines warned of a "catastrophic
disruption" to travel and shipping operations if telecommunication
companies roll out their 5G technology as planned Wednesday without limiting
the technology near U.S. airports.
On
Tuesday, AT&T and Verizon both confirmed to CBS News that they have
voluntarily agreed to postpone turning on a limited amount of towers around
certain airports.
"We
are frustrated by the FAA's inability to do what nearly 40 countries have done,
which is to safely deploy 5G technology without disrupting aviation services,
and we urge it to do so in a timely manner," an AT&T spokesperson said
in a statement, reiterating that the rest of their 5G launch will continue as
planned.
an 24,
2022,06:44am EST|548 views
Understanding The 5G
Issue For U.S. Airlines And How To Resolve It
I write about airlines and travel to explain this crazy industry.
AFP VIA GETTY IMAGES
There has been a lot of news about 5G
wireless service affecting the U.S. airlines. The airlines, along with the
Federal Aviation Administration (FAA) and leading pilot groups have all raised
caution flags due to potential disruptions. On the wireless company side, they
have said they don’t expect problems and, at least temporarily, have not turned
on the 5G signals near the most congested U.S. airports.
How did we get to this position, and
does a 5G signal really put airline flights at risk? Understanding this issue
isn’t easy when some media use headlines like “Why Your
5G Phone Concerns The Airlines.” The issues driving this standoff
have been known for years and have been addressed successfully in different
ways in Europe. Here is a practical framework toward a solution:
American Airlines Earnings
Preview: Higher Fuel Costs, Omicron To Depress Revenue
By Haris Anwar/Investing.comStock MarketsJan
19, 2022 05:35
·
Reports Q4 2021 results on
Thursday, Jan. 20, before the market opens
·
Revenue Expectation: $9.31
billion
·
EPS Expectation: -$1.54
Airline stocks continue to remain a risky bet despite last year’s
strong recovery in passenger traffic. The fast spread of the Omicron variant
and escalating fuel prices have clouded the sector's growth outlook, just when
it began to recover from one of the steepest travel declines in recent history.
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