A technical issue briefly grounded American Airlines on Christmas Eve. Here's why it's not a big deal for investors.
CNBC's Leslie Josephs joins 'Squawk on the Street' to discuss American Airlines ground stop this morning.
American Airlines Group Inc (NASDAQ:AAL) stock is down 1.4% to trade at $17.01 at last check, after the company grounded flights across the nation due to a technical issue.
American Airlines Group Inc (NASDAQ:AAL, ETR:A1G) flights have resumed after being halted nationwide for about an hour due to a technical issue. The Federal Aviation said the airline requested a ground stop for all its flights, which was lifted about an hour later.
Kevin Hincks joins the Futures show to discuss the Fed's inflation fight and what levels he's watching for yields. Then, on the equity front, Kevin looks at the holiday travel snafu that briefly grounded American Airlines (AAL) flights this morning.
The Federal Aviation Administration (FAA) canceled a brief nationwide ground stop requested by American Airlines (AAL) on Christmas Eve, one of the busiest travel days of the year.
CNBC's Andrew Ross Sorkin reports on the latest news.
American Airlines stock fell early Tuesday after it issued a ground stop for all flights on Christmas Eve. The post American Airlines Stock Pares Losses After Holiday Flight Disruption appeared first on Investor's Business Daily.
American Airlines grounds flights nationwide because of technical issue
The carrier said teams are working to resolve the problem in what is anticipated to be a heavy day for air travel.
American Airlines has grounded all flights in the US due to an unspecified technical issue.
‘A technical issue is affecting American flights this morning,” the airline said in a statement.