Stuck on the Tarmac 6/22/22

Squawk Pod

CNBC

News, Business News, Business, Investing

4.2 • 543 Ratings

🗓️ 22 June 2022

⏱️ 17 minutes

🔗️ Recording | iTunes | RSS

🧾️ Download transcript

Summary

A nationwide pilot shortage is prompting thousands of delays and cancellations for summer travelers. Dennis Tajer, American Airlines pilot and spokesperson for the Allied Pilots Association, says the staffing issues are due to management’s lack of foresight, and he warns that airlines may start to cut corners to keep up with demand. CNBC’s autos and airlines reporter Phil Lebeau considers how long it will take carriers to sort out their problems, and whether the federal government will have to step in to help. In this episode: Phil LeBeau, @Lebeaucarnews Becky Quick, @BeckyQuick Brian Sullivan, @SullyCNBC Katie Kramer, @Kramer_Katie

Transcript

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0:00.0	Bring in show music please.
0:03.0	Hi, I'm C. NBC producer Katie Kramer today on Squackpot.
0:08.0	Travel Armageddon, thousands stranded at airports and pilots stretched thin.
0:15.9	We'll dig into what happened with Pilots Union spokesman Dennis Tazier.
0:19.6	It's a failure to plan.
0:20.6	The system is under stress because of a failure to plan by management.
0:23.8	Are airlines strapped enough to start cutting corners?
0:27.6	They are pilot pushing and they are narrowing the margin of safety.
0:31.3	Our fatigue calls have gone up tenfold and this has just got to the the airlines know that they have a problem in terms of staffing
0:45.7	what do we see for the 4th of July what do we see for Labor Day and does the
0:49.5	federal government get more involved? It's Wednesday, June 22, 2022.
0:55.0	Squawk Pod takes off, we hope.
0:58.0	Right after this. You're listening to Squawk Pod from
1:14.4	CNBC.
1:15.4	Good morning.
1:16.8	Welcome to Squawk Box here on C NBC.
1:18.8	We are live from the NASDAQ Market site in Times Square, or at least I am.
1:23.2	I'm Becky Quick, along with Brian Sullivan.
1:25.1	Joe and Andrew are off today, and Brian,
1:26.8	it's really good to see you this morning.
1:28.0	Thanks for being here.
1:28.7	Sure, my pleasure.
	...

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