American Airlines grounds all US flights over technical issue

Investing.com — American Airlines (NASDAQ:AAL) has halted all its flights within the United States due to an unexplained technical glitch, as stated by the airline and a note on the Federal Aviation Administration (FAA) website.

The company’s shares experienced a 3.8% drop before the market opened. The airline did not provide a projected timeframe for the resolution of the issue, but assured that efforts are being made to rectify it as quickly as possible. This information was shared in response to an inquiry from a passenger left stranded due to the grounding.

The FAA, the national authority with powers to regulate all aspects of civil aviation, has yet to provide additional comments regarding the situation.

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