share_log

What's Going On With American Airlines Stock Today?

Benzinga ·  21:16

American Airlines Group Inc. (NASDAQ:AAL) shares are trading nearly flat today. The company reportedly implemented a ground stop for all flights early today because of a communication problem.

However, American Airlines stated earlier that the outage did not affect its operations, reported Reuters.

Related: Microsoft Outage Wreaks Havoc On World As 911, International Airlines, Banks And Airport Services Disrupted (UPDATED)

The outage began at approximately 6 p.m. ET on Thursday, affecting a subset of its customers with issues in multiple Azure services in the Central U.S. region. Azure is a cloud computing platform that offers services for building, deploying, and managing applications and services.

Other low-cost carriers, including Frontier Group Holdings Inc. (NASDAQ:ULCC), Allegiant Travel Company (NASDAQ:ALGT), and Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY), experienced outages that affected their day-to-day operations.

Investors can gain access to the stock via U.S. Global Jets ETF (NYSE:JETS) and First Trust Nasdaq Transportation ETF (NASDAQ:FTXR).

Also Read: CrowdStrike Shares Trim Heavy Losses As Microsoft Announces Resolution Of Global Tech Outage: 'This Is Clearly A Major Black Eye'

Price Action: AAL shares are up 0.09% at $10.61 premarket at the last check Friday.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.

Photo via Shutterstock

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment