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is sarthak metals limited (smlt) worth holding long term ✌️【Short-Term Gains】✌️ Real-time stock and futures data, backed by expert stock market trend predictions, to help you make timely and profitable investment decisions. The Department of Transportation is suing Southwest Airlines, accusing it of operating two “chronically delayed flights” in 2022 that resulted in 180 flight disruptions.

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It alleges the Dallas-based airline is harming passengers and fair competition across the industry after an investigation discovered Southwest operated the two chronically delayed flights — one between Chicago Midway and Oakland, California, and one between Baltimore and Cleveland.

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Outgoing Transportation Secretary Pete Buttigieg said in a statement that the lawsuit is a part of the department’s commitment to supporting passenger rights. The lawsuit alleges Southwest failed to fix its schedule to avoid the delays.

Under DOT rules, a flight is considered “chronically delayed” if it is flown at least 10 times a month and arrives late more than 50% of the time. Cancellations and diversions are also included as delays within the department’s calculation.

“Airlines have a legal obligation to ensure that their flight schedules provide travelers with realistic departure and arrival times,” Buttigieg said in a statement. “Today’s action sends a message to all airlines that the Department is prepared to go to court in order to enforce passenger protections.”

is sarthak metals limited (smlt) worth holding long term ✌️【Short-Term Gains】✌️ Free access to professional investment advisors who provide real-time market data and trend analysis. Select top-performing stocks and boost your capital with expert strategies for market growth. Southwest had one ofthe most notable passenger disruptionsat the end of 2022, when thousands of passengers were displaced over the Christmas holiday after outdated technology wrecked the carrier’s crew scheduling and coupled with heavy winter storms.

is sarthak metals limited (smlt) worth holding long term ✌️【Short-Term Gains】✌️ Free stock market analysis and data updates to help you select the best investment portfolio. Achieve steady growth and avoid losses with expert predictions and real-time market insights. A spokesperson for Southwest said it was “disappointed” the department filed suit on the flights from over two years ago. The airline said it completed over 99% of its flights without cancellation in 2024.

“Since DOT issued its Chronically Delayed Flight policy in 2009, Southwest has operated more than 20 million flights with no other CDF violations,” Southwest said in a statement. “Any claim that these two flights represent an unrealistic schedule is simply not credible when compared with our performance over the past 15 years.”

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is sarthak metals limited (smlt) worth holding long term ✌️【Short-Term Gains】✌️ Expert guidance on stock market trends and real-time updates on stock indices, futures, and exchange rates. Make well-informed decisions and plan the best investment strategies for capital growth. The airline paused corporate hiring and promotions, some summer internships and even employee rallies that date back to its earliest years of flying.The airline had an activist investor challenge it all summer to ignite change,but settled with Elliott Investment Management in October.

is sarthak metals limited (smlt) worth holding long term ✌️【Short-Term Gains】✌️ Precise stock market trend analysis with expert insights into global markets, including stock indices, metals, and energy sectors. Leverage our data-driven predictions to maximize your returns. The DOT is also fining $650,000 in civil penalties to budget carrier Frontier Airlines for delays. Of that fine, $325,000 will be paid to the US Treasury and the remaining $325,000 will be suspended if the carrier does not operate any chronically delayed flights in the next three years.

Earlier this month,the department penalized JetBlue Airways $2 million for flight delays. The DOT found JetBlue to have operated four chronically delayed flights at least 145 times between June 2022 through November 2023, with each flight delayed for five months in a row or more.

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