The Trump administration plans to waive an $11M fine imposed on Southwest (LUV) Airlines related to the $140M settlement over its meltdown in December 2022, David Shepardson of Reuters reports.
TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on LUV:
- Southwest Airlines (LUV) Cuts Guidance Due to Higher Fuel Costs and Government Shutdown
- Midday Fly By: Netflix to buy Warner Bros., HP Enterprise posts mixed Q4
- Southwest put volume heavy and directionally bearish
- Delta Air Lines (DAL) Experiences Service Disruption in Detroit
- Southwest Airlines Lowers 2025 EBIT Expectations Amid Challenges