Trump admin drops Biden-era Southwest Airlines lawsuit over delays
Werte in diesem Artikel
The Trump administration dropped a lawsuit against Southwest Airlines over its allegedly chronic flight delays.In March, Reuters reported that President Donald Trump’s Department of Justice (DOJ) was in talks with the airline regarding the lawsuit, which was initiated by the Department of Transportation (DOT) under then-President Joe Biden. According to the same report, Southwest Airlines had until May 30 to respond to the lawsuit, but the DOJ moved to drop the case ahead of that date."We appreciate the DOT’s decision to abandon its lawsuit against Southwest, which we believe is the correct result in this case," a Southwest spokesperson told Fox Business.SOUTHWEST AIRLINES DROPS FORECAST AS US TRADE WAR SHAKES INDUSTRYThe DOT filed the lawsuit in January during the final days of the Biden administration, accusing the airline of "illegally operating multiple chronically delayed flights and disrupting passengers’ travel," according to a DOT statement.The Southwest spokesperson said that the two flights at the core of the Biden administration’s lawsuit occurred during the COVID-19 pandemic, which presented difficulties. "The two flights at issue occurred years ago when the industry faced unprecedented challenges from the COVID-19 pandemic and were delayed due to issues outside of Southwest’s control in numerous cases. Since the pandemic, we have made significant investments in our operation, which in 2024 provided our customers with best-in-class operational reliability," the Southwest spokesperson told FOX Business.AIRLINES SEE LOWER CUSTOMER DEMAND, CUT BACK FINANCIAL EXPECTATIONSThe two flights the lawsuit focused on were one between Chicago Midway International Airport and Oakland, California, and another between Baltimore and Cleveland. According to a statement from the Biden DOT, 180 passengers were impacted by the disruptions between April and August 2022."Each flight was chronically delayed for five straight months," the Biden DOT wrote. It also included a complaint that the airline was engaging in "unfair, deceptive and anticompetitive" practices through its alleged use of inaccurate departure and arrival times.GET FOX BUSINESS ON THE GO BY CLICKING HEREThen-Transportation Secretary Pete Buttigieg emphasized in a statement the need for airlines to ensure they provide travelers with accurate departure and arrival times.The Transportation Department now says that the lawsuit "should have never been brought forward. Southwest has remedied the underlying issues and USDOT will work with them fairly, not sue them for political gain," according to a statement to FOX Business from a DOT spokesperson.The Justice Department did not respond to a Fox Business request for comment.Weiter zum vollständigen Artikel bei FOX Business
Übrigens: Southwest Airlines und andere US-Aktien sind bei finanzen.net ZERO sogar bis 23 Uhr handelbar (ohne Ordergebühren, zzgl. Spreads). Jetzt kostenlos Depot eröffnen und als Geschenk eine Gratisaktie erhalten.
Ausgewählte Hebelprodukte auf ERA Mining Machinery
Mit Knock-outs können spekulative Anleger überproportional an Kursbewegungen partizipieren. Wählen Sie einfach den gewünschten Hebel und wir zeigen Ihnen passende Open-End Produkte auf ERA Mining Machinery
Der Hebel muss zwischen 2 und 20 liegen
Name | Hebel | KO | Emittent |
---|
Name | Hebel | KO | Emittent |
---|
Quelle: FOX Business
Nachrichten zu Southwest Airlines Co.
Analysen zu Southwest Airlines Co.
Datum | Rating | Analyst | |
---|---|---|---|
16.08.2019 | Southwest Airlines Outperform | Wolfe Research | |
26.07.2019 | Southwest Airlines Market Perform | Cowen and Company, LLC | |
26.04.2019 | Southwest Airlines In-line | Imperial Capital | |
28.03.2019 | Southwest Airlines In-line | Imperial Capital | |
27.03.2019 | Southwest Airlines Market Perform | Cowen and Company, LLC |
Datum | Rating | Analyst | |
---|---|---|---|
16.08.2019 | Southwest Airlines Outperform | Wolfe Research | |
27.09.2018 | Southwest Airlines Outperform | Imperial Capital | |
27.07.2018 | Southwest Airlines Outperform | Cowen and Company, LLC | |
04.06.2018 | Southwest Airlines Outperform | Cowen and Company, LLC | |
25.05.2018 | Southwest Airlines Buy | Tigress Financial |
Datum | Rating | Analyst | |
---|---|---|---|
26.07.2019 | Southwest Airlines Market Perform | Cowen and Company, LLC | |
26.04.2019 | Southwest Airlines In-line | Imperial Capital | |
28.03.2019 | Southwest Airlines In-line | Imperial Capital | |
27.03.2019 | Southwest Airlines Market Perform | Cowen and Company, LLC | |
20.03.2019 | Southwest Airlines In-line | Imperial Capital |
Datum | Rating | Analyst | |
---|---|---|---|
29.05.2007 | Southwest Airlines underweight | Prudential Financial | |
29.11.2006 | Update Southwest Airlines Co.: Sell | Goldman Sachs | |
10.10.2006 | Update Southwest Airlines Co.: Underperform | Credit Suisse |
Um die Übersicht zu verbessern, haben Sie die Möglichkeit, die Analysen für Southwest Airlines Co. nach folgenden Kriterien zu filtern.
Alle: Alle Empfehlungen