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Stock impact report

UPDATE 1-US to determine cause of Southwest, FedEx jetliners near-miss incident [Yahoo! Finance]

Southwest Airlines Company (LUV) 
Last southwest airlines company earnings: 4/28 06:00 am Check Earnings Report
US:NYSE Investor Relations: investors.southwest.com
Company Research Source: Yahoo! Finance
WASHINGTON, May 9 (Reuters) - The National Transportation Safety Board will hold a June 6 hearing to determine the probable cause of a February 2023 near- miss incident involving a FedEx cargo plane and a Southwest Airlines jet in Austin, Texas. The two planes nearly collided when the FedEx Boeing 767 was forced to fly over the Southwest jet to avoid a crash in poor visibility conditions. It was one of at least half a dozen near-miss incidents last year that raised concerns about U.S. aviation safety and the strain on understaffed air traffic control. NTSB Chair Jennifer Homendy said last year the planes came within about 115 feet (35 meters) of each other in what could have been a "terrible tragedy." The FedEx plane's first officer saw a single light in the fog from the Southwest Boeing 737-700 and then the plane's silhouette before the crew aborted their planned landing on the same runway, Homendy said. An air traffic controller had cleared both planes to use the same runway. Show less Read more
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