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FDX Jan 2025 125.000 put
- Associated Press Finance
NTSB says an air traffic controller's faulty assumption led to a close call between planes in Texas
An air traffic's controller's faulty assumption that a Southwest Airlines jetliner would take off from a Texas airport before a landing FedEx plane reached the runway caused the planes to come within less than 200 feet of colliding in thick fog last year, federal investigators said Thursday. The National Transportation Safety Board said the Southwest pilots contributed to the close call in Austin by not telling the controller they needed time on the runway before beginning their takeoff roll.
- Reuters
NTSB wants new training for controllers after near disaster
The two planes came within about 170 feet of each other when the FedEx Boeing 767 was forced to fly over the Southwest 737-700 to avoid a crash in poor visibility conditions. It was one of at least half a dozen near-miss incidents last year that raised concerns about U.S. aviation safety and the strain on understaffed air traffic control. NTSB Chair Jennifer Homendy said at a board meeting to determine the probable cause and make recommendations that the incident could have been catastrophic without the actions of the cargo carrier pilots.
- Zacks
FedEx (FDX) Gains But Lags Market: What You Should Know
FedEx (FDX) closed at $248.05 in the latest trading session, marking a +0.85% move from the prior day.
