A United Airlines jetliner taxis to a runway for take off from Denver International Airport, Dec. 27, 2022. (AP Photo/David Zalubowski)
By David Koenig
United Airlines said Tuesday it repaired a technology glitch that had forced it to halt departures nationwide, briefly crippling one of the nation's biggest carriers on a busy travel day.
Federal officials said United crews had been unable to contact airline dispatchers through normal means.
“United asked the FAA to pause the airline’s departures nationwide,” the Federal Aviation Administration said on X, the social media site formerly known as Twitter.
The FAA said the issue was limited to United and its subsidiaries. It was less than an hour from the time that the FAA issued a bulletin about United's ground stop until the agency said that flights were resuming — shortly before 2 p.m. Eastern time.
“We have identified a fix for the technology issue and flights have resumed,” United said in a statement. “We’re working with impacted customers to help them reach their destinations as soon as possible.”
United said earlier that it was “experiencing a systemwide technology issue" and was holding up all departing planes. Flights that were already in the air when the technology problem occurred continued to their destinations, the airline said.
By midafternoon Tuesday on the East Coast, United had canceled only seven flights, well below its average of about 16 per day over the busy Labor Day weekend, according to figures from tracking service FlightAware.
However, more than 300 United flights were delayed — 12% of the carrier's schedule, far more than rivals American, Delta and Southwest — on a day that many holiday vacationers were expected to fly home.
Transportation Secretary Pete Buttigieg, who has criticized airlines for flight problems and other issues over the past year, posted that the FAA was “receiving more information about the cause and scope of the issue, and DOT will make sure UA meets its obligations to affected passengers.”
The FAA is part of the Department of Transportation.
Shares of Chicago-based United Airlines Holdings Inc. fell on news of the ground stop and were down almost 3% in afternoon trading.
The Super Bowl might be over, but people are still buzzing about the players, commercials, halftime show, and more. Google tracks the top searches before and after the game every year, revealing the show-stopping moments of the biggest sporting event of the year. Sadie Thoma, Director of US Creative Partnerships at Google, joined Cheddar's Opening Bell to discuss the top trends this year.
Parallel Systems has been selected to receive $4.5 million from the Department of Energy for an advanced testing program of its autonomous, battery-electric rail vehicles. The startup, which has raised more than $53 million to date, was founded by former SpaceX engineers to reimagine the rail system by creating a more efficient, decarbonized freight network. Matt Soule, Co-founder & CEO of Parallel Systems, joined Cheddar's Opening Bell to discuss what the company hopes to achieve.
Disney reported earnings beat on both top and bottom lines. Earnings per share came in at $1.06 versus Refinitiv estimates of 63 cents. Revenue also exceeded expectations at $21.82 billion dollars versus $20.91 billion expected. Meanwhile, Disney+ added 11.8 million new subscribers this quarter to reach nearly 130 million total. Tuna Amobi, media and entertainment expert at CFRA research, joined Cheddar to gives his take on Disney's earnings blowout.
Almost a decade after facing a parent's worst nightmare, the families of the young students killed in the Sandy Hook School shooting reached a settlement with gun manufacturer Remington, makers of the Bushmaster AR-15 used in the crime. David Pucino, deputy chief counsel, Giffords Law Center to Prevent Gun Violence joined Cheddar News to discuss the families' case and how its strategy brought about the legal settlement. "They built a really great case showing the way that Bushmaster developed its advertising to drive sales using those toxic messages.
Private equity firms are taking a big interest in investing in NBA teams, the sports league showing the highest ROI over the last two decades according to Sportico, Forbes, and PitchBook. Wylie Fernyhough, lead analys for private equity at PitchBook joined Cheddar News to discuss the way firms are looking to get a piece of the action on the court. “There’s a certain amount of rarity, with these," Fernyhough said. "They’re not exactly printing new NBA franchises."
In efforts to help support black-owned brands. Ulta Beauty says it will make a commitment to not only give these brand shelf space but also help them navigate the ins and outs of growing a business. Last week, the beauty retailer announced in order to reach those goals, the company will spend $50 million on diversity and inclusion programs, including an accelerated program to mentor entrepreneurs of color. CEO of Ulta Beauty, Dave Kimbell, joined Cheddar to discuss more.
Inflation remains hot as the January PPI has increased by 1 percent, twice what analysts had been expecting with a jump of 9.7 over the year. Beth Ann Bovino, the U.S. chief economist, for S&P Global Ratings, joined Cheddar News to discuss the rapid pace of inflation alongside higher wages, predicting the Federal Reserve will act quickly and forcefully this year. "They haven't changed their forecast, yet, that's gonna come out soon. But we expect that a March rate hike is basically pretty much baked in the cake," she said. "We think six rate hikes in total for 2022."
