SOUTHWEST AIRLINES: In Settlement Talks with FAA on $10M Penalty

Southwest Airlines Co. is in settlement discussions with the Federal Aviation Administration over a US$10 million penalty.

On March 6, 2008, the FAA notified the Company that it was seeking to fine it about US$10 million in connection with an incident…

SOUTHWEST AIRLINES: In Settlement Talks with FAA over Directive

Southwest Airlines Co. is holding settlement talks with the Federal Aviation Administration on the Company’s potential non- compliance with an airworthiness directive.

On March 6, 2008, the F.A.A. notified the Company that it was seeking to fine the Company approximately US$10…