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Tom Jones

America’s most-delayed airline of 2024, Frontier, got a fine from the Department of Transportation

Though in the final days of his tenure, Transportation Secretary Pete Buttigieg is clearly still intent on cracking down on flight delays, with the DOT announcing plans on Wednesday to sue Southwest Airlines and fine Frontier Airlines over late arrivals dating back as far as three years ago.

The DOT is seeking maximum penalties against Southwest, alleging that the airline illegally operated two chronically delayed flight routes between April and August 2022. A flight is “chronically delayed” if it’s flown more than 10 times a month and arrives more than half an hour late over 50% of the time, per the department. The DOT also fined Frontier $650,000 for operating “multiple” chronically delayed flights, but the airline will only pay half if it avoids offending again over the next three years. 

While a Southwest representative stayed pretty tight-lipped about whether the company would petition the incoming administration to rethink the lawsuit (per Axios), it seems like the airline might have ironed out some of its punctuality issues in 2024… Frontier, not so much. 

Airline delays chart
Sherwood News

According to the latest Air Travel Consumer Report from the Department of Transportation itself, Frontier Airlines has been America’s least reliable major carrier: some 32% of its flights were delayed in the first 10 months of 2024 (i.e. arriving or departing more than 15 minutes after its schedule).

The DOT is seeking maximum penalties against Southwest, alleging that the airline illegally operated two chronically delayed flight routes between April and August 2022. A flight is “chronically delayed” if it’s flown more than 10 times a month and arrives more than half an hour late over 50% of the time, per the department. The DOT also fined Frontier $650,000 for operating “multiple” chronically delayed flights, but the airline will only pay half if it avoids offending again over the next three years. 

While a Southwest representative stayed pretty tight-lipped about whether the company would petition the incoming administration to rethink the lawsuit (per Axios), it seems like the airline might have ironed out some of its punctuality issues in 2024… Frontier, not so much. 

Airline delays chart
Sherwood News

According to the latest Air Travel Consumer Report from the Department of Transportation itself, Frontier Airlines has been America’s least reliable major carrier: some 32% of its flights were delayed in the first 10 months of 2024 (i.e. arriving or departing more than 15 minutes after its schedule).

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Report: OpenAI won’t pay a dime in cash for its 3-year licensing deal for Disney IP

More financial details behind the landmark deal that will grant OpenAI three years of access to Disney intellectual property are coming out, and they’re pretty surprising.

The deal will reportedly see OpenAI pay zero dollars in licensing fees, instead compensating Disney in stock warrants. It was previously reported that Disney would invest $1 billion into OpenAI as part of the agreement.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

It’s very abnormal for Disney to grant anyone access to its massive IP library without a cash payment, and the entertainment juggernaut has been known to strike down even crocheted Etsy Yodas for infringing on its turf. In its fiscal year 2025, Disney booked more than $10 billion in revenue from licensing fees across merchandising, television, and theatrical distribution.

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Ford says it will take $19.5 billion in charges in a massive EV write-down

The EV business has marked a long stretch of losing for Ford, and today the automaker announced it will take $19.5 billion in charges tied, for the most part, to its EV division.

Ford said it’s launching a battery energy storage business, leveraging battery plants in Kentucky and Michigan to “provide solutions for energy infrastructure and growing data center demand.”

According to Ford, the changes will drive Ford’s electrified division to profitability by 2029. The company will stop making its electric F-150, the Lightning, and instead shift to an “extended-range electric vehicle” that includes a gas-powered generator.

The Detroit automaker also raised its adjusted earnings before interest and taxes outlook to “about $7 billion” from a range of $6 billion to $6.5 billion.

Ford’s write-down is one of the largest taken by a company as legacy automakers scale back on EVs, giving EV-only automakers a market share boost.

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