Legislation to continue funding the US Federal Aviation Administration has been approved by the nation's House of Representatives, leaving a Senate committee to advance its version of that bill for approval by that chamber. The House, which is the lower chamber of the US Congress, on 20 July voted 351 to 69 in favour of the FAA reauthorisation bill, required every five years to set funding and priorities for the agency. The current legislation enacted in 2018 expires on 30 September. The new legislation would, among other things, encourage the certification of and infrastructure development for electric vertical take-off and landing (eVTOL) aircraft and other emerging aviation technologies. Some provisions of the bill have stoked debate in both the House and Senate. A narrow vote of 229 to 205 in the House, for instance, rejected a proposal to allow more flights to operate at Washington National airport (DCA), which United Airlines, American Airlines and Alaska Airlines had also opposed because of its potential to cause delays. The House bill would maintain existing standards for pilot training yet proposed moving the legally required pilot retirement age from 65 to 67. The Regional Airline Association trade group applauded the passage of the House version, stating that "the bill includes measures aimed at mitigating the growing pilot shortage and even more acute shortage of airline captains, which have driven a collapse in small community air service across the United States". "The bill expands the pilot workforce development program, which will improve outreach and support future pilots from all backgrounds, helping to improve diversity in pilot ranks by reducing financial barriers to aviation careers," states the RAA, which lobbies on behalf of US regional carriers that have faced particular difficulty competing for pilots with larger mainline. Airline worker unions, including the Association of Flight Attendants (AFA) and the Air Line Pilots Association, opposed raising the retirement age, in part because it conflicts with the mandatory age of 65 set by the International Civil Aviation Organization. That United Nations agency has no enforcement power, yet the unions in a joint statement said raising the retirement age could endanger the ability of US pilots to operate internationally. While praising the passage of the FAA bill to fund the agency, the AFA union states it contains a "poison pill" because Republican House Speaker Kevin McCarthy used that chamber's Committee on Rules to deny a vote on whether to reject the pilot age increase. According to the House's website, the Rules Committee is the mechanism that the Speaker uses to maintain control of the House and "has the authority to do virtually anything during the course of consideration of a measure, including deeming it passed". The Democratic-controlled Senate Committee on Commerce, Science, and Transportation is debating these issues along with proposals that would mandate consumer protections from airlines including restrictions on fees charged for baggage or seating, which in turn could face opposition from the Republican-controlled House. The Senate committee discussed its version of FAA reauthorisation in executive session on 15 June, but has yet to schedule a vote on whether to advance the bill. Both chambers are required to propose their own bills and reconcile their differences before advancing the same bill for the US president to sign into law, a process intended to balance power in the US legislative branch.

Jet Airways has appointed Sundaram Ramesh as its new finance chief and director, alongside two other newly appointed board members, effective 20 July. The troubled Indian carrier named Ramesh as a whole-time director, according to a same-day filing to the Bombay Stock Exchange. Gautam Acharya, a Jet Airways employee for the last 15 years managing aircraft leasing and contracts, regulatory affairs and legal, has also been named whole-time director. Rajesh Prasad will take up the post of non-executive director. Prasad's LinkedIn profile indicates he was the airline's chief strategy officer from July 2018 and September 2021, and had a 25-year stint at the State Bank of India (SBI). The board appointments are for a three-month term until 20 October, and can be extended at the discretion of the monitoring committee established to oversee implementation of the resolution plan as part of its corporate insolvency resolution process. Jet Airways has yet to appoint a new chief following the departure of chief executive-designate Sanjiv Kapoor on 1 May. Kapoor joined the airline in April 2022 to oversee plans to restart the airline. The airline was grounded in April 2019 and entered a corporate insolvency resolution process, emerging under its new owner, the Jalan Kalrock Consortium. The consortium was seeking to restrain the SBI from exercising a Rs1.5 billion ($18.3 million) performance bank guarantee relating to the transfer of Jet's ownership and was granted on 26 May more time to pay dues it owed the bank.

Fitch Ratings has upgraded American Airlines' issuer default rating (IDR) to "B+" from "B-", with a stable outlook. The US ratings agency says it has also upgraded the carrier's senior secured debt to "BB-"/"RR3" from "B"/"RR3" and unsecured debt to "B-"/"RR6" from "CCC"/"RR6". It adds that the rating upgrade reflects the airline's de-leveraging progress and Fitch's expectations that improving profitability and free cash flow provide a line of sight toward continued balance sheet improvement. The agency expects American to end the year with less than $43 billion in total adjusted debt, down from a peak of over $48 billion in 2021. Fitch states: "American is also benefitting from improved operational performance, with flight cancellations through the first several months of the year down materially from the year prior." The Fort Worth-based US major is set to take deliveries of more 737 Max and 787 aircraft in 2024, but total capital spending is expected to remain manageable, the agency notes. As of 31 March, American held $14.4 billion in liquidity, consisting of $11 billion liquid short-term investments, $452 million in cash and cash equivalents, and full availability on their $2.9 billion aggregate revolving credit facilities. Fitch believes that the 2025 risk is addressable "given that the loyalty programme, and slots, gate, and routes collateral underlying certain maturities has proven to be readily financeable in the past, providing the company with refinancing options".