What's Going On With American Airlines Stock Today?

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Zinger Key Points
  • American Airlines implemented a ground stop due to a communication problem but later stated operations were unaffected.

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.

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. 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.

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.

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