US Shuts Down All Flights, Stock Market Faces Major Risk

The United States has ordered a nationwide halt to flight departures after a major air traffic control communications failure, raising fresh concerns for airline stocks already under pressure on Wall Street. Every US airport was ordered to stop departures on Friday afternoon, November 13, just six minutes before Wall Street closed. The sudden shutdown threatens to disrupt thousands of flights and could leave major airlines facing a costly weekend. The Federal Aviation Administration (FAA) issued the order around 3:54 p.m. Eastern, citing “extraordinary circumstances and for reasons of safety.” According to Reuters , aircraft already airborne could continue flying and land, while international arrivals would be handled individually. What Caused the Nationwide Flight Shutdown?

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