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Stock impact report

FAA Fines Spirit Airlines For Hazmat Violation—Recalling ValueJet Crash [Forbes]

Spirit Airlines, Inc. (SAVE) 
Last spirit airlines, inc. earnings: 2/5 04:14 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.spirit.com
Company Research Source: Forbes
An appeals court said on February 2 that it would hear an appeal in June to overturn a judge's ruling that blocked a USD 3.8 billion merger of Spirit Airlines and JetBlue. (Photo by Ethan Miller/Getty Images) The Federal Aviation Administration announced a proposed civil penalty of $146,500 against Spirit Airlines SAVE for alleged violations of the Department of Transportation Hazardous Materials Regulations. The airline is accused of improperly handling packages containing compressed oxygen containers, which it sent to ship on FedEx FDX An oxygen shipment mishandling led to the tragedy of ValueJet flight 561 in 1996. The National Transportation Safety Board determined a fire in the cargo hold started by improperly packed and labeled oxygen generators caused the airline's Douglas DC-9 to crash in the Florida Everglades ten minutes after take-off, killing everyone onboard. Spirit Allegedly Tried To Ship Improperly Packaged Oxygen Containers Five Times A FedEx Boeing 737 lands at Show less Read more
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