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Surveillance: Hyman's Fed Forecast

Bloomberg Surveillance

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The Insanity of Air Traffic Control

The secretary of transportation asked the four big airlines serving the New York area, Delta American United and JetBlue, to cut their summer capacity by 10% because air traffic control is understaffed. Tom Zoellner: We've been seeing that for at least five or seven years; it's going to be fewer departures per day. He says when thunderstorms roll through the area, they're number one unpredictable so you don't really know where the cells are. The next thing you know, people are trapped.

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