09:38 AM EDT, 05/16/2024 (MT Newswires) -- (Updates to add details)
United Airlines (UAL) is no longer under a Federal Aviation Administration-mandated operational freeze, Bloomberg reported Thursday, citing a company message to employees it has viewed.
The FAA operational freeze on United Airlines began following a string of high-profile safety incidents, including a wheel falling off soon after takeoff and a piece of a fuselage coming loose in mid-flight.
United needed to delay the launch of two new routes it planned to begin this summer because the carrier could not take delivery and have three new jets certified during the FAA review, according to Bloomberg.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Price: 55.66, Change: +0.70, Percent Change: +1.27