American Airlines Group Inc. 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.
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. ULCC, Allegiant Travel Company ALGT, and Sun Country Airlines Holdings, Inc. SNCY, experienced outages that affected their day-to-day operations.
Investors can gain access to the stock via U.S. Global Jets ETF JETS and First Trust Nasdaq Transportation ETF FTXR.
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
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
