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🚽$3.4M🚽

An incident in which a passenger got stuck in a plane bathroom mid-flight and pilots were forced to make an emergency landing has prompted the FAA to propose a regulation that could affect more than 2,600 Boeing 737 airplanes in the US.

In its rule change proposal posted Friday, the FAA said that being stuck in an airplane bathroom could result in serious injury to passengers in the event of an otherwise survivable emergency event. The agency recommended that the latches be replaced with ones with an improved design. Several 737 models would be affected by the change and the FAA estimates a cost of up to $1,300 per airplane, for a total cost of $3.4 million to US airlines and other operators.

Boeing has had a better start to 2025, delivering 56% more jets in the first quarter than it did last year and closing its gap with European rival Airbus.

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Premium seats help push airlines higher following third-quarter results

Shares of American Airlines are climbing toward the carrier’s best trading day since August 12, when ultra-budget rival Spirit issued its initial warning about its ability to survive. American’s shares are up more than 7% on Friday afternoon.

Investors’ optimism comes a day after American posted a better-than-expected full-year earnings forecast. In a call with investors, American said that it’s ramping up its premium cabin offerings.

“Our ability to grow capacity in premium markets will be further supported as we take delivery of new aircraft and reconfigure our existing fleet. These efforts will allow us to grow our premium seats at nearly two times the rate of main cabin seats,” CEO Robert Isom said. American CFO Devin May said that nose-to-tail retrofits of certain wide-body jets will bump the number of premium seats available on those planes by 25%.

Extra legroom has been a boon for major carriers, particularly this quarter. Delta Air Lines said its premium product revenue grew 9% in Q3, compared to a 4% drop in economy seat revenue. Similarly, United Airlines said its premium revenue grew 6%, outpacing economy. Shares of both airlines were up more than 3% on Friday.

Carriers with less exposure to first- and business-class tickets like Southwest Airlines and JetBlue didn’t see the same amount of momentum on the day.

Ford plant Cologne

Ford rallies to 52-week high: Wall Street is optimistic about its EV reset and aluminum plant recovery plan

Ford shares reached their highest level since July 2024 in Friday morning trading.

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