Southwest Airlines Co. said Tuesday it finished inspecting its grounded older planes and five of them have cracks in the aluminum skin.
Stocks are edging higher in midday trading at the start of the last full week before the next round of corporate earnings reports begin.
Inspectors have found small, subsurface cracks in two more Southwest Airlines planes that are similar to the cracks that caused a jetliner to lose pressure and make a harrowing emergency landing in Arizona, the airline said Sunday.
Southwest Airlines said it has cancelled 300 flights on Sunday as the airline continues its inspection of 79 of its Boeing 737 aircraft, in the aftermath of an emergency landing of one of its planes two days earlier.
Southwest Airlines says it will have to cancel about 300 flights Saturday as it sidelines some of its older planes for inspection.
Southwest Airlines Co. has joined a sweeping increase of $10 in the price of many domestic round-trip airfares, citing the need to offset high fuel prices.
A passenger aboard a Southwest Airlines flight found a fully loaded ammunition clip belonging to police officer’s service revolver during a flight from Burbank, Calif., to Phoenix Tuesday.