Top US Aviation Regulator Confirms He Still Owns Airline Stock

The head of the US Federal Aviation Administration told a top US Senate Democrat that he still holds stock in Republic Airways Holdings Inc., the airline he ran before joining President Donald Trump’s administration.

FAA Administrator Bryan Bedford said he hasn’t been able to fully divest the holdings due to delays in the merger between Republic and Mesa Air Group Inc., which was completed last month.

He also blamed the “nature” of his financial interests in the airline as well as a delay in the Office of Government Ethics responding to a request to extend his ...