FAA Grounds Flights, Airline Shares Decline Late in Session
The FAA halted flights, citing “extraordinary circumstances and for reasons of safety.” American Airlines closed down 1% at $13.17 and was recently trading at $12.94 after hours.
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10:22:18 PM UTC
SquawkNews
AMERICAN AIRLINES, DELTA, UNITED DOWN OVER 1% IN EXTENDED TRADE AMID NATIONWIDE GROUND STOP; JETBLUE
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 $12.94 after hour…