During takeoff, a Southwest-operated Boeing 737-800 experienced an incident where its engine cover broke off and struck the plane’s wing.
The flight, carrying 135 passengers and six crew members, was compelled to return to the departure airport.
The aircraft ascended to an altitude of approximately 10,300 feet before initiating the return landing.
Boeing shares are currently trading lower due to two significant news events:
The Federal Aviation Administration (FAA) is investigating a recent incident where an engine cover fell off a Southwest Airlines jet, operated by $LUV, during takeoff on Sunday. The aircraft involved was a Boeing 737-800. This incident raises concerns about the safety and reliability of Boeing’s aircraft.
Boeing’s CEO, David Calhoun, is set to step down earlier than anticipated at the end of the year. Despite this, Calhoun received nearly $33 million in compensation in 2023, marking a 45% increase from his 2022 pay. This news has sparked discussions about executive compensation and the company’s performance under Calhoun’s leadership.
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