-- The Federal Aviation Administration as traffic cop of the sky? Not likely. After a deluge of complaints from pilots of private planes, the FAA has backed off a proposal to ticket errant flyboys. The FAA says on-the-spot write-ups of minor violations would cut the time it takes to resolve safety infractions, which now involve drawn-out bureaucratic procedures. But small-craft pilots claim the new system would give the agency too much power.
Before it's here, it's on the Bloomberg Terminal. LEARN MORE