Shares of United Airlines Holdings Inc UAL fell more than 3% during Tuesday's trading session after the company issued a notice to the Federal Aviation Administration (FAA) asking it to ground all United Airlines flights until further notice due to an "equipment outage."
What Happened: Flights that were en-route to their destinations continued as planned, but the airline was holding the rest of its aircraft at their departure airports due to a "systemwide technology issue," it said on X.
More than 260 flights have been delayed, according to flightaware.
In a follow-up tweet, United Airlines said it has “identified a fix for the technology issue” and flights have resumed.
UAL Price action: Shares of United Airlines are trading 2.88% lower to $48.27 at the time of writing, according to Benzinga Pro.
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