Key Takeaways
- The FAA has launched a information reappraisal of Southwest Airlines pursuing a bid of incidents successful caller months.
- The hose said it is moving intimately pinch nan FAA to reappraisal events. It besides said it has created a squad of "experts and leaders" to behaviour an analysis.
- Southwest is group to study its latest quarterly results later this week.
Southwest Airlines (LUV) is facing a information reappraisal from nan Federal Aviation Administration, nan institution confirmed Tuesday, pursuing a bid of incidents successful caller months.
An FAA spokesperson said nan agency has “increased oversight of Southwest Airlines to guarantee it is complying pinch national information regulations. The bearer "is moving intimately pinch nan [FAA] successful nan reappraisal of caller events," a spokesperson for nan hose said Tuesday.
Southwest “recently formed a dedicated squad of subject-matter experts and leaders" that includes members from Southwest, nan airline’s national partners and nan FAA, its spokesperson said. The group is “tasked pinch performing an in-depth, data-driven study to place immoderate opportunities for improvement."
On July 14, a Southwest formation to Tampa dropped arsenic debased arsenic 150 feet supra h2o astir 5 miles from its intended destination, according to Flightradar24. The level landed successful Ft. Lauderdale.
That incident came astir a period aft a Southwest formation from Phoenix to Oakland knowledgeable a alleged “Dutch roll,” which causes nan craft to rotation side-to-side while besides wagging its tail, prompting an investigation from National Transportation Safety Board, according to a Reuters report.
“Safety will thrust nan timeline” of nan review, nan FAA spokesperson said. Shares of Southwest fell 1.7% connected Tuesday arsenic nan S&P 500 ticked lower. The institution is group to study its latest financial results later this week.