Southwest has reached a settlement with Wells Fargo Bank over the bank’s refusal to accept the return of a Boeing 737 aircraft unless Southwest also paid a $3.3 million penalty for replacing the original engines. The carrier will not say what is in the deal, which it disclosed in a motion to the court seeking the dismissal of a lawsuit it filed against the bank last year(Aviation Daily, Nov. 7). But Aviation Week’s fleets database shows that Southwest returned the aircraft in December. ...

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