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    What's Going On With American Airlines Stock Today?

    7/19/24 9:16:24 AM ET
    $AAL
    $ALGT
    $FTXR
    $MSFT
    Air Freight/Delivery Services
    Consumer Discretionary
    Air Freight/Delivery Services
    Consumer Discretionary
    Get the next $AAL alert in real time by email

    American Airlines Group Inc. (NASDAQ: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. (NASDAQ:ULCC), Allegiant Travel Company (NASDAQ:ALGT), and Sun Country Airlines Holdings, Inc. (NASDAQ:SNCY), experienced outages that affected their day-to-day operations.

    Investors can gain access to the stock via U.S. Global Jets ETF (NYSE:JETS) and First Trust Nasdaq Transportation ETF (NASDAQ: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.

    Photo via Shutterstock

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