American Airlines Flight Grounding

American Airlines (NASDAQ:AAL) has halted all flights within the United States due to an unexplained technical glitch, as stated by the airline and noted on the Federal Aviation Administration (FAA) website.

The company's shares experienced a 3.8% drop before the market opened. The airline has not provided a projected timeframe for resolution but assured that efforts are underway to rectify the issue quickly. This information was shared in response to inquiries from passengers left stranded due to the grounding.

The FAA, the national authority regulating civil aviation, has yet to provide additional comments regarding the situation.

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