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Stock impact report

FAA freezes flight cancellations at 6% as House is set to vote to end shutdown [MSNBC.com]

American Airlines Group, Inc. (AAL) 
Last american airlines group, inc. earnings: 4/30 07:30 am Check Earnings Report
Company Research Source: MSNBC.com
The Department of Transportation announced Wednesday that flight reductions will freeze at 6% thanks to strong staffing levels and a "rapid decline" in air traffic controller callouts.The new emergency freezing order will scrap the previous plan to ramp up reductions to 10% by Friday, and will remain in place "as the FAA continues to assess whether the system can gradually return to normal operations," the Department of Transportation said.Officials attributed the freeze to favorable staffing conditions, with just 11 staffing triggers reported on Tuesday and four on Wednesday — down from a high of 81 on Saturday. Those strong staffing numbers "suggest a further ramp up in-flight reductions are not necessary to keep the traveling public safe," the Transportation Department said.The 6% reduction impacts flights at 40 high-traffic airports, including those in the area and in cities including , Atlanta, Denver, Phoenix, Dallas and .Aviation officials appear optimistic as the U.S. House o Show less Read more
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