ETFOptimize | High-performance ETF-based Investment Strategies

Quantitative strategies, Wall Street-caliber research, and insightful market analysis since 1998.


ETFOptimize | HOME
Close Window

Officials investigate Southwest flight that departed from closed runway

Two federal agencies are looking into a Southwest Airlines flight that took off earlier this month from a temporarily closed runway at an airport in Maine.

Federal aviation officials are investigating a Southwest Airlines flight that departed from a closed runway at a Maine airport. 

Both the Federal Aviation Administration (FAA) and the National Transportation Safety Board (NTSB) told FOX Business that they are looking into the June 25 incident that occurred at Portland International Jetport. 

The FAA also said an airport vehicle exited the runway just before the plane began its takeoff roll around 5:45 a.m. local time.

BOEING HAS A ‘MORAL COMPASS PROBLEM,’ VETERAN PILOT ARGUES

The NTSB told FOX Business that a preliminary report regarding the incident will be made available in about 30 days. 

That report will contain information gathered during the initial phase of the investigation. However, a probable cause and any contributing factors won't be disclosed until the final report is issued in about 12 to 24 months, the NTSB said.

BOEING RE-ELECTS OUTGOING CEO AS SEARCH FOR REPLACEMENT CONTINUE AMID SAFETY CULTURE CRISIS

Southwest told FOX Business that it is working with both agencies "to understand the circumstances" of the early morning Southwest departure.

"After departure, the aircraft continued safely to its destination," Southwest said in a statement. 

GET FOX BUSINESS ON THE GO BY CLICKING HERE

The carrier deferred any additional comments to the NTSB. 

This comes at a time when there has been heightened focus on the aviation industry after a spate of runway incursions and near-miss events at airports nationwide.

Data & News supplied by www.cloudquote.io
Stock quotes supplied by Barchart
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the following
Privacy Policy and Terms and Conditions.


 

IntelligentValue Home
Close Window

DISCLAIMER

All content herein is issued solely for informational purposes and is not to be construed as an offer to sell or the solicitation of an offer to buy, nor should it be interpreted as a recommendation to buy, hold or sell (short or otherwise) any security.  All opinions, analyses, and information included herein are based on sources believed to be reliable, but no representation or warranty of any kind, expressed or implied, is made including but not limited to any representation or warranty concerning accuracy, completeness, correctness, timeliness or appropriateness. We undertake no obligation to update such opinions, analysis or information. You should independently verify all information contained on this website. Some information is based on analysis of past performance or hypothetical performance results, which have inherent limitations. We make no representation that any particular equity or strategy will or is likely to achieve profits or losses similar to those shown. Shareholders, employees, writers, contractors, and affiliates associated with ETFOptimize.com may have ownership positions in the securities that are mentioned. If you are not sure if ETFs, algorithmic investing, or a particular investment is right for you, you are urged to consult with a Registered Investment Advisor (RIA). Neither this website nor anyone associated with producing its content are Registered Investment Advisors, and no attempt is made herein to substitute for personalized, professional investment advice. Neither ETFOptimize.com, Global Alpha Investments, Inc., nor its employees, service providers, associates, or affiliates are responsible for any investment losses you may incur as a result of using the information provided herein. Remember that past investment returns may not be indicative of future returns.

Copyright © 1998-2017 ETFOptimize.com, a publication of Optimized Investments, Inc. All rights reserved.