FAA Temporarily Halts Flight Departures Nationwide After Communications Disruption
The FAA halted flight departures nationwide, citing extraordinary circumstances and safety concerns after air traffic control communications were disrupted. Airline stocks fell, including in postmarket trading.
Story updates
09:41:50 PM UTC
SquawkNews
By Anita HamiltonThe Federal Aviation Administration has ordered a ground stop at airports across the country "due to extraordinary circumstances and for reasons of safety."Shares of airline stocks fell in after hours trading, with American and Delta down 1%. United fell by 2%.Transportation Secret…
09:41:58 PM UTC
SquawkNews
By Josh BeckermanAirline stocks declined in the final minutes of the trading day as the Federal Aviation Administration halted flights, citing "extraordinary circumstances and for reasons of safety."American Air Lines ended the regular session down 1% to $13.17 and was recently at $12.99 after hour…
Airline stocks ticked lower this afternoon and fell further in postmarket trading following the Federal Aviation Administration's decision to halt flight departures nationwide.The FAA cited extraordinary circumstances and safety concerns after air traffic control communications were disrupted. In a…