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A Norwegian Air Boeing 737 MAX 8 en route from Dubai to Oslo was forced to divert to Shiraz, Iran due to mechanical trouble.
Southwest says inspections of its entire fleet of CFM56-7B powered Boeing 737s will be complete within 30 days.
Southwest Airlines Flight 1380 suffered a catastrophic engine failure and cabin depressurization on Tuesday.
The CFM56 is the most popular jet engine in history with more than 30,000 made since 1980.
Another Southwest Airlines Boeing 737, powered by the type of engine suffered a similar failure in 2016.
The left engine aboard a Southwest Airlines Boeing 737 failed when one of its fan blades sheared off during the flight.