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Nationwide flight groundings occur due to US air traffic control communication failure

Reuters · ·by G4L

  1. 1The Federal Aviation Administration has lifted the nationwide ground stop caused by the communication failure.
  2. 2The disruption resulted in 6,600 canceled flights and 8,600 delays.
  3. 3In after-hours trading, American, United, and Delta Air Lines shares fell between 1% and 2%.

So what's the key point?

Flight operations were temporarily halted due to a problem with US aviation communications. This caused many flight cancellations, leading to a drop of over 1% in the stock prices of American, United, and Delta Air Lines.

Source Reuters · View original ↗

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