South
Southwest Airlines flight makes emergency landing in Denver after engine part falls off Boeing 737 plane
Harvard Business School executive fellow Bill George reacts to criticism of the aircraft company due to recent plane issues on ‘The Big Money Show.’
A Southwest Airlines flight had to make an emergency stop after an engine part fell off during takeoff from Denver International Airport on Sunday morning.
The Boeing 737-800 plane was headed for William P. Hobby Airport in Houston when the engine cowling fell off and struck the wing flap during takeoff, according to The Federal Aviation Administration (FAA).
The FAA released a statement Sunday morning saying that the flight returned safely and that an investigation into the incident is ongoing.
“Southwest Airlines Flight 3695 returned safely to Denver International airport around 8:15 a.m. local time on Sunday, April 7, after the crew reported the engine cowling fell off during takeoff and struck the wing flap,” the statement read. “The Boeing 737-800 was towed to the gate. The FAA will investigate.”
BOEING PAYS ALASKA AIRLINES $160 MILLION IN CASH IN ‘INITIAL PAYMENT’ FOLLOWING MID-AIR BLOWOUT
FILE- A Southwest flight lost a part mid-air and was forced to make an emergency landing. (Bruce Bennett/Getty Images / Getty Images)
Southwest Airlines also released a statement to Fox Business echoing the FAA.
Southwest Flight 3695 returned to Denver International Airport this morning and landed safely after experiencing a mechanical issue. Our Customers arrived at Houston Hobby on another aircraft, approximately three hours behind schedule. We apologize for the inconvenience of their delay, but place our highest priority on ultimate Safety for our Customers and Employees. Our Maintenance teams are reviewing the aircraft.
FOX Business also reached out to Boeing for comment on the matter. Boeing referred FOX Business to Southwest for information about their fleet operations.
According to Fox 31, this is the fourth time a Boeing plane has had to divert to Denver for issues so far this year.
The most recent issue happened on March 29, when a United Airlines flight from San Francisco to Paris was forced to divert to Denver after flight crew members on board the Boeing 777-200 plane reported having an issue with one engine.
Prior to that incident, another United Airlines flight had to divert to Denver on its way to San Francisco from Boston when the Boeing 757-200 plane was reported to have wing issues mid-flight.
The first incident occurred in January, also involving United Airlines, when a flight headed to Las Vegas from Washington D.C., was diverted to Denver after flight crews reported a crack windshield on the Boeing 737-800 plane.
Last week, United Airlines pilots were asked to take unpaid time off next month as the carrier contends with Boeing manufacturing delays.
UNITED ASKS PILOTS TO TAKE UNPAID TIME OFF AS BOEING ISSUES PERSIST
Dave Calhoun, CEO of Boeing, leaves a meeting with Sen. Mark Warner, D-Va., in Hart Building, on Wednesday, January 24, 2024. Calhoun was meeting with senators about recent safety issues including the grounding of the 737 MAX 9 planes. (Tom Williams/CQ-Roll Call, Inc via Getty Images / Getty Images)
“We can confirm that due to the recent delays in Boeing deliveries, our forecasted block hours for 2024 have been reduced and we are offering our pilots voluntary programs for the month of May to reduce excess staffing,” the carrier previously told FOX Business in a statement.
The announcement shows how safety concerns involving Boeing’s 737 Max are still impacting some of its biggest customers.
According to a recent regulatory filing, United anticipated receiving 77 Boeing 737 Max 8 and 9 jets in 2024. Now, it expects only 56.
Boeing was also told it is not permitted to expand production of its 737 Max planes while regulators investigate the company and its supplier, Spirit AeroSystems. The investigation follows an incident in January involving a Boeing 737 Max 9 operated by Alaska Airlines in which a door plug on the aircraft blew out mid-flight.
Boeing announced that week that they had paid Alaska Airlines approximately $160 million in compensation following the January midair blowout.
FAA STEPPING UP OVERSIGHT OF UNITED AIRLINES, MAY PAUSE SOME CERTIFICATIONS
Investigator-in-Charge John Lovell examines the fuselage plug area of Alaska Airlines Flight 1282 Boeing 737-9 MAX. (NTSB / Fox News)
According to an SEC filing, the money was “initial compensation” from Boeing “to address the financial damages incurred as a result of Flight 1282 and the 737-9 MAX groundings.”
The airline said that they lost “approximately $160 million” in their first quarter.
“As a result of the Flight 1282 accident and the Boeing 737-9 MAX grounding, we lost approximately $160 million in Q1 pretax profit, primarily comprising lost revenues, costs due to irregular operations, and costs to restore our fleet to operating service,” the filing said.
Alaska Airlines added that Boeing is “expected” to provide “additional compensation” in the future. The exact amount and its terms are not known at this time.
GET FOX BUSINESS ON THE GO BY CLICKING HERE
The Jan. 5 incident prompted the FAA to ground similar Boeing 737 Max 9 jetliners to allow for inspections, which resulted in thousands of flight cancelations.
FOX Business’ Daniella Genovese and Sarah Rumpf-Whitten contributed to this report.
Tennessee
Tennessee’s heat wave flirting with records
NASHVILLE, Tenn. (WSMV) – We’re experiencing our hottest weather since summer 2025.
The hottest weather of the year is having a major impact on Middle Tennesseans. Temperatures have soared well above average during the afternoon and remained unusually high at night for several days. That’s caused thousands across Middle Tennessee and southern Kentucky to temporarily change the way they go about everyday life. The heat has been so significant that temperatures have actually been in record territory.
For example, this past Sunday, Nashville nearly tied the highest minimum temperature ever for the date — 80° set in 1936. Nashville’s low on Sunday was 79.
As for high temperatures, while it was easily the hottest day of the year on Tuesday, Nashville missed that day’s record by nine degrees.
We’ll be closer on Wednesday, missing it by just six degrees.
There’s an even closer approach in line for Thursday. Our forecast for Nashville is 98°. The record high temperature is 101.
Cooler weather will eventually take over. By early next week, we expect highs to return to more seasonable levels — the low 90s.
For life-saving weather alerts, customized messages on conditions and forecasts, and videos detailing upcoming weather events, download the WSMV 4 First Alert Weather app for iPhone or Android. Have weather pictures or videos? Share them here.
Texas
Phoenix Merchant Partners and Texas Capital Alternative Asset Management Form Strategic Relationship
Phoenix Merchant Partners, an independent alternative asset manager, and Texas Capital Alternative Asset Management (TCAAM), a wholly owned subsidiary of Texas Capital Bancshares, formed a strategic relationship to provide customized capital solutions and direct lending to the core middle market across a diverse range of industries.
The relationship integrates the corporate and investment banking coverage network of Texas Capital with the structuring, underwriting and multi-cycle portfolio management expertise of Phoenix. Capitalizing on this powerful combination, Phoenix will launch its first vehicle, Spurstone Credit, in Q3/26. Structured as a perpetual-life, non-traded closed-end credit fund, Spurstone will be headquartered in Dallas, Texas.
Spurstone has already attracted interest from a group of anchor institutional investors. The vehicle’s investment mandate will focus primarily on delivering senior secured financing solutions to core middle-market businesses with annual revenues between $100 million and $1 billion that are currently underserved in private credit.
“As the only full-service financial services firm headquartered in Texas, we continuously look for ways to serve the needs of companies and their owners, both in Texas and in our industries of focus across the country. Working with Phoenix expands and accelerates our ability to offer proprietary private credit financing solutions to deserving clients. The Phoenix team shares our disciplined approach to asset structuring, capital preservation and portfolio management, as well as our passion for providing exceptional client service and delivering comprehensive solutions,” Daniel Hoverman, head of corporate and investment banking at Texas Capital and president of TCAAM, said.
The vehicle’s strategy is designed to address a critical structural liquidity gap for non-sponsored, family-owned and founder-led mid-market enterprises requiring flexible, non-dilutive senior capital to fund organic growth, strategic acquisitions and balance sheet optimizations.
“Proprietary origination remains the single biggest differentiator in the private credit landscape,” Art Mbanefo, founder and CEO of Phoenix, said. “Working with TCAAM unlocks unparalleled access to high-quality, founder-owned businesses across Texas and other economic centers like California, New York and Illinois. Together, we are bridging the liquidity gap for exceptional middle-market companies.”
Spurstone will be advised by a newly formed, Phoenix-sponsored registered investment adviser, Ryestone Advisors, which is currently applying for registration with the U.S. Securities and Exchange Commission. TCAAM will be a minority economic investor in Spurstone’s investment adviser.
Virginia
Reopening date set for Virginia Creeper Trail after months of work
DAMASCUS, Va. (WCYB) — According to leaders with the U.S. Forest Service, the Virginia Creeper Trail is set to reopen at the beginning of March.
They say, the trail could reopen this fall but after speaking with local business owners, a timeline of March would bring in more business. It would also give contractors more time to test the construction to ensure its stability.
On Tuesday, Senator Mark Warner toured the construction with other elected officials, members of the U.S Forest Service and leaders of the Kiewit Corporation.
Shortly after Helene damaged all 18-miles of the upper section of the trail, Warner worked to secure $500 million of federal dollars for the U.S. Forest Service. $240 million of which went into the Creeper rebuild, granting the Kiewit Corporation the contract last year.
-
South Dakota2 minutes agoVermillion’s Reuvers commits to South Dakota
-
Tennessee7 minutes agoTennessee’s heat wave flirting with records
-
Texas14 minutes agoPhoenix Merchant Partners and Texas Capital Alternative Asset Management Form Strategic Relationship
-
Utah17 minutes agoTherapy dogs offer a welcome break for firefighters battling Utah’s Iron, Cherry fires
-
Vermont22 minutes agoShe moved from Paris to Vermont and found her ‘dream job’ opening a bakery – The Boston Globe
-
Virginia29 minutes agoReopening date set for Virginia Creeper Trail after months of work
-
Washington32 minutes agoColorado Democrats punish Washington ties in primaries
-
Wisconsin37 minutes agoMissing Wisconsin teen Joniah Walker found safe 4 years after disappearing from home

