Southwest Airlines Co (NYSE:LUV) Grounds One Fifth Of Its Total Fleet

Latest reports from Southwest Airlines Co (NYSE:LUV) indicate that a portion of the company’s fleet has been grounded. The company stated that around 128 planes were removed from its daily operations. This was because the secondary hydraulics component was not inspected during routine tests. This system is used when the main components fail to operate for certain reasons. The grounding of these airplanes represents around 1/5th of the fleet being rendered inoperable. This had an impact on 90 flights that had to be cancelled.

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As per Brandy King, who is the spokesperson for Southwest Airlines Co (NYSE:LUV), the company acted swiftly once information about the incomplete inspections were known. They informed the federal authorities on an immediate basis. Next, they started an immediate check on all the affected airplanes. Lynn Lunsford, spokesperson for the aviation authority also issued a statement on this issue. The FAA stated that since these were planes manufactured by Boeing, they were coordinating with Southwest Airlines Co (NYSE:LUV) and Boeing on this matter. The authorities were devising a plan that would not halt operations and inconvenience passengers. The plan was that the affected airplanes could function as per schedule. Southwest Airlines Co (NYSE:LUV) would then complete the inspection of the same in a couple of days.

The report on Southwest Airlines Co (NYSE:LUV) missing the inspections, first appeared on WSJ. As per the company’s spokesperson, the miss was unintentional. As per her, the company gave top priority to safety aspect of its entire fleet. The moment they found that the 128 had exceeded the limit, where the backup systems had to be checked, the relevant procedures were put in place immediately. All the planes were part of the 737-700 fleet manufactured by Boeing.

Southwest Airlines Co (NYSE:LUV) is ranked fourth in airline operations across the United States of America. It has 665 of which 450 fell in the 737-700 model. These planes can provide seating for around 143 or 137 as per internal layout.

Abbott Michael

Abbott Michael

Michael joined US Markets Daily in 2009 and is a national news reporter focusing on economic issues, data analysis and the financial health of state and local governments.