American Airlines stock drops 1.9% after nationwide flight grounding on Christmas Eve

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American Airlines' stock fell 1.9% after a technical glitch led to a nationwide grounding of flights on Christmas Eve. The issue arose during a busy travel period, causing significant delays and cancellations. The Federal Aviation Administration issued a ground stop order, which was lifted about an hour later. Early reports indicated 1,447 flight delays and 28 cancellations. Weather conditions also contributed to travel disruptions, with snow in New York and rain at Dallas-Fort Worth International Airport, the airline's main hub. Other affected cities included Charlotte, Washington, New York, Chicago, and Miami.


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