United Airlines Resumes U.S. Flights After Temporary Grounding On Tech Issue
(Bloomberg) -- United Airlines Holdings Inc. suffered a temporary grounding of its aircraft nationwide due to an unspecified equipment outage, but the airline resumed flights at US airports after less than half an hour. Â Â
The Chicago-based carrier requested the grounding for its main operation and subsidiaries on Tuesday after its aircraft were unable to contact flight dispatchers using normal means, according to a posting on the Federal Aviation Administration's website.Â
The FAA confirmed in an email to Bloomberg the airline had asked it to pause departures nationwide, but declined further comment.
Spokespeople for United didn't provide an explanation for the outage other than saying in a tweet it had experienced “a systemwide technology issue.” It later tweeted the ground hold had been lifted.Â
United shares pared a drop of as much as 4.7% to trade down 3.2% to $48.15 as of 2:11 p.m. in New York.Â
The problem occurred eight months after an FAA system outage forced a nationwide grounding of aircraft, triggering renewed scrutiny from members of Congress and aviation industry leaders over the resiliency of systems running the nation's flight operations. The FAA shutdown in January delayed more than 10,000 trips.Â
United suffered a company-wide technology outage in January 2022 that led to delays on some flights.Â
Read more: Flight Disruptions Ease as US Airlines Recover from FAA Meltdown
(Updates with cancelation of UAL grounding from lede paragraph; Adds shares in NY trading.)
More stories like this are available on bloomberg.com
©2023 Bloomberg L.P.
-
Navigating Energy Crossroads: S Jaishankar's Call For Diversified Supply Chains At G20 Ministerial Meeting
As geopolitical fault lines continue to test maritime trade routes and commodity flows, Jaishankar's message remains pertinent: true economic resilience requires open markets, protected transit lines, and a genuine commitment to multilateral cooperation rather than coercion.
-
Indians Are Travelling, But Not Every Journey Is A Holiday | The Week In Whys
Pilgrims, patients and working women are the real travellers, and the system hasn't quite caught up with them.
-
Getting To Work Costs Women More | The Reason Why
It is not just about women paying more than men. It is about women paying much more in cities than in villages.
-
AI Bias In Investing Cannot Be Eliminated, But It Can Be Governed
Framing is a particularly important example as identical financial information presented in terms of gains rather than losses can lead an LLM to reach a different assessment.
-
Joining The Dots | Dark Skies, Steady Diya: Why Hope Holds This Diwali
With war, a weak rupee and foreign outflows weighing on sentiment, policymakers at the NDTV World Summit and market veterans at NDTV Profit Ignite: Diwali Edition offered the same advice: stay invested and filter out the noise.
-
The Curious Case of Equitas Small Finance Bank And A CEO Who Quit For Stock
PN Vasudevan believes persistent investor concerns over a perceived conflict of interest had become a governance overhang on Equitas Small Finance Bank's stock, even as the lender improved profitability and asset quality.
-
Talking Points This Week: AI Cash Burn, A Tiger Comeback And An India That Still Finds Its Own Path
India is not immune to higher oil or tighter global liquidity, yet its earnings base is broader, its domestic policy levers are still available.
-
Foreign Investors Own Half Of HDFC Bank and ICICI Bank. An LTCG Cut Could Matter Most Here
Foreign portfolio investors have US$115 billion parked in HDFC Bank, ICICI Bank. If the government cuts long-term capital gains tax, Jefferies says returning foreign money could land here first.
-
'Never Seen This Level Of Negativity': Sandeep Tandon Says The Next Rally May Be Closer Than You Think
Veteran investor Sandeep Tandon says foreign selling is easing, large-caps are due a comeback and mid-caps are crowded, while he turns positive on gold, power and pharma this Diwali.
