Investing.com — American Airways shares dropped greater than 3.8% premarket Tuesday after the United States Federal Aviation Administration mentioned the service has grounded all flights nationwide.
The inventory is at present buying and selling across the $16.60 per share mark.
American Airways (NASDAQ:) mentioned in an announcement: “Our groups are working to resolve the problem as rapidly as potential, and we apologize to our prospects for the inconvenience.”
When reacting to a buyer on social media platform X (previously Twitter), the airline replied that it’s “at present experiencing a technical concern with all American Airways flights.” They added: “Your security is our utmost precedence, as soon as that is rectified, we’ll have you ever safely in your strategy to your vacation spot.”
In response to a different buyer, the airline replied: “An estimated timeframe has not been supplied, however they’re attempting to repair it within the shortest potential time.”