Airlines Voice Support for Prompt Congressional Action on Credit Markets
The Air Transport Association of America (ATA) President and CEO James C. May, speaking on behalf of the airline industry, today voiced strong support for action to help stabilize Wall Street and Main Street:
"The market reaction to Monday's defeat of legislation, intended to keep our nation's critical credit markets moving, clearly sent a wake-up call that an economic plan needs to be implemented. We strongly support Congress acting in a bipartisan manner, passing comprehensive, balanced legislation. The consequences of inaction are unacceptable."
ATA airline members and their affiliates transport more than 90 percent of all U.S. airline passenger and cargo traffic.
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