July 13 - Business Wire - A prominent investment bank with strong ties to the aerospace andairline industry is calling on Congress to increase regulation of theU.S. airline industry, arguing that a financially healthy industry iscrucial to the well being of the nation's economy.
"A strong domestic airline industry is an essential component ofour nation's overall economic health, and the sector's current woesrisk further damage to an already weak economy," said Hector J.Cuellar, president, RSM EquiCo Capital Markets, the global investmentbanking arm of RSM McGladrey and H&R Block (NYSE: HRB). "Governmentaction is long overdue. Congress must act promptly to prevent furtherindustry deterioration and the corresponding deleterious effects onthe nation."
Please click here for a more in-depth exposition of Cuellar's position on airline regulation. Read more of the release
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