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Tom Jones
1/17/25

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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Fox and News Corp slide as investors digest $3.3 billion Murdoch succession settlement

Fox and News Corp shares dropped on Tuesday after Rupert Murdoch’s heirs agreed to a $3.3 billion settlement to resolve a long-running succession drama.

Under the deal, Prudence, Elisabeth, and James Murdoch will each receive about $1.1 billion, paid for in part by Fox selling 16.9 million Class B voting shares and News Corp selling 14.2 million shares. The stock sales will raise roughly $1.37 billion on behalf of the three heirs.

The new trust for Lachlan Murdoch will now control about 36.2% of Fox’s Class B shares and roughly 33.1% of News Corp’s stock, granting him uncontested voting authority over both companies for the next 25 years. Originally, the Murdoch trust was designed to hand over voting control of Fox and News Corp to Prudence, Elisabeth, Lachlan, and James after his death.

Investors are weighing the trade-off. Clear leadership under Lachlan may resolve conflict internally, but the share dilution, executed at a roughly 4.5% discount, means long-term investors now hold slightly less clout than before.

Both companies’ stocks were trading close to all-time highs prior to the announcement.

385 ✈️ 434

Boeing on Tuesday announced that it delivered 57 commercial jets in August, its best total for the month in seven years. That brings its year-to-date delivery total to 385 planes, eclipsing its full-year 2024 figure by about 11%.

The August figure marked Boeing’s second-highest delivery total of 2025 and represented a 43% jump from the same month last year. Through August, Boeing has boosted its deliveries by 50% from last year.

The plane maker is still trailing its European rival Airbus, which delivered 61 planes in August and 434 year to date.

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