Southwest Airlines Grounds 130 Planes Due to Weight Discrepancies

Southwest Airlines (NYSE: LUV) said late Wednesday that it has temporarily grounded 130 aircraft "out of an abundance of caution" after it discovered discrepancies in aircraft weight data.

The airline said it was removing the 130 Boeing 737-800 aircraft to provide time to correct the weights of the planes in its systems. Airlines are required to calculate the weight of each plane before takeoff, and use that data to determine the takeoff speed and for midflight operations.

Image source: Southwest Airlines.

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Source Fool.com