Fox Business Flash top headlines for November 18
Fox Business Flash top headlines are here. Check out what’s clicking on FoxBusiness.com.
CHICAGO – Southwest Airlines has sent a team of mechanics to Victorville, California, to start the long process of bringing its 34 Boeing 737 MAX jets out of their desert hibernation, after the planes' permission to fly was restored.
Continue Reading Below
How passengers will feel about flying in the aircraft is unclear, although Southwest customers' response to the MAX in a recent survey was positive, executives said.
FAA CLEARS BOEING 737 MAX TO FLY AGAIN AFTER DEADLY 2018, 2019 CRASHES
About 25% have indicated that they are not comfortable flying on the jet but expect their comfort level to improve once it has been flying for a period of time, a spokesman told Reuters when asked for more details.
The U.S. Federal Aviation Administration on Wednesday lifted a 20-month grounding of the Boeing Co 737 MAX sparked by two crashes that together killed 346 people within five months and mandated a series of safety changes airlines must complete before the jets can fly with passengers again.
|LUV||SOUTHWEST AIRLINES CO.||46.09||+0.47||+1.04%|
Low-cost carrier Southwest is the largest 737 MAX operator in the world and was betting heavily on the aircraft to expand its business before the coronavirus pandemic sapped demand.
It still wants the jets, with about 15% better fuel-efficiency than other 737 models, but will closely monitor customer response, executives said on a media call on Thursday.
AMERICAN AIRLINES AIMING FOR 'TRANSPARENCY' WHEN REINTRODUCING BOEING 737 MAX AIRCRAFT TO SCHEDULE
"How each customer feels about making a reservation on a 737 MAX or flying on a MAX is an expression of personal comfort that we know is going to be different for every person," said Alan Kasher, senior vice president of Southwest's air operations.
Southwest does not plan to schedule 737 MAX flights until the second quarter of 2021, and will allow anyone uncomfortable with flying the aircraft to rebook their flight at no charge.
GET FOX BUSINESS ON-THE-GO BY CLICKING HERE
A team of mechanics has already been keeping watch over Southwest's 34 jets in storage in Victorville, running the engines and systems on a regular basis, and a fresh team is now there to further "depreserve and exercise" the aircraft and complete the FAA's mandated changes, a process that will take about 280 hours, Kasher said.
Once the FAA approves the work, the jets will fly to Southwest's main hangar cities for additional checks and maintenance. Meanwhile, its 8,000 pilots will receive fresh 737 MAX training that will include about two hours in a simulator.
CLICK HERE TO READ MORE ON FOX BUSINESS
(Reporting by Tracy Rucinski; Editing by Alexandra Hudson and Nick Zieminski)
Source: Read Full Article