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- Flight delays and cancellations continue to sweep through the airline industry after major technical outages across the globe were triggered by a “glitch” in an update from cybersecurity firm Crowdsource (CRWD), impacting Microsoft (MSFT) operating systems. The issue, which crippled flight systems, has been resolved, but the fallout still reverberates.
- At around 2:00am ET, Delta Air Lines (NYSE:DAL), United Airlines Holdings (NASDAQ:UAL), and American Airlines Group (NASDAQ:AAL) requested a global ground stop from the Federal Aviation Administration, snarling travel at the nation’s airports and leading to delays and cancellations globally.
- As of 5am ET, American Airlines (AAL) had re-established operations, while Delta (DAL) and United (UAL) were issuing travel waivers to passengers impacted by the delays.
- The stock prices for the major airlines are mixed, with the legacy carriers unchanged to slightly higher.
