Delta Passengers Injured from Severe Turbulence Amid UK Flight Cancellations
Portfolio Pulse from Anusuya Lahiri
Delta Air Lines (DAL) recently faced an incident where one of its flights experienced severe turbulence, leading to several injuries. The FAA has announced plans to investigate the incident. The airline industry was also impacted by a network-wide failure for air traffic control systems in the U.K., leading to the cancellation of 232 flights departing the U.K. and 271 flights arriving in the U.K. DAL shares are trading lower by 0.67% at $43.48.
August 30, 2023 | 4:58 pm
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Delta Air Lines faced a turbulence incident and the U.K. airspace failure, which could negatively impact its operations and stock price.
The turbulence incident could lead to increased scrutiny from regulatory bodies like the FAA, potentially leading to changes in operations or fines. The U.K. airspace failure could disrupt Delta's flight schedules, leading to potential revenue loss. Both events could negatively impact investor sentiment, leading to a decrease in stock price.
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