Banking

2025-03-06
How Do Airlines Schedule Flights At Hubs?

By Alexander Mitchell Published Mar 6, 2025 Alexander (Alex) Mitchell comes to Simple Flying with a background in finance and strategy consulting. He has covered airlines and aerospace at Bridgewater Associates, the world’s largest hedge fund, and served major industry clients as a Summer Associate at the Boston Consulting Group. With a lifelong passion for aviation, Alex

CategoriesFrom The WebTagsBanking, Commercial Aviation, Simple Flying
2022-07-28
Credit Card Competition Act of 2022

The Credit Card Competition Act of 2022 (S. 4674) is a U.S. Senate bill introduced on July 28, 2022, that would require the Federal Reserve to issue regulations preventing large credit card issuers and payment networks from restricting which networks can process credit card transactions. The bill aims to increase competition by ensuring merchants have access to at least two unaffiliated payment networks for processing electronic credit transactions. The Federal Reserve would be required to implement these rules within one year of enactment and review market conditions every three years.

TagsBanking, Congress.gov, Legislation, United States Senate

As the source for federal transportation grants, the Puget Sound Regional Council was charged with developing a system to meet the growing need for commercial aviation. When the search for a second airport failed, they authorized the Port of Seattle to build the Third Runway, with a mandate to develop a noise abatement and mitigation program. In their effort to stop the Third Runway, the ACC argued over every detail of the Port's efforts--including property buyouts and sound insulation. The dispute was meant to be settled by a three member Expert Arbitration Panel. This is their final report. It finds 2-1, that the Port's program was insufficient in several respects. Despite that, funding for the Third Runway was approved by the PSRC, and the 'Port Package' program, proceeded largely unchanged. Expert Arbitration Panel's final decision finding that the Port of Seattle had not shown sufficient reduction in real on-the-ground noise impacts to satisfy noise reduction conditions required for approval of a third runway at Sea-Tac International Airport. The majority decision concluded the Port's noise abatement programs were insufficient despite being impressive in scope.

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