Airlines Hope For Return To Normal Thursday After FAA Outage Snarls U.S. Travel

Airlines Hope For Return To Normal Thursday After FAA Outage Snarls U.S. Travel

By David Shepardson, Rajesh Kumar Singh and Abhijith Ganapavaram WASHINGTON/CHICAGO (Reuters) -The U.S. aviation sector was struggling to return to normal on Wednesday following a nationwide ground stop imposed by the Federal Aviation Administration (FAA) over a computer issue that forced a 90-minute halt to all U.S. departing flights. More than 8,775 flights have been…

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Failed crypto exchange FTX has recovered over $5 billion, attorney says

By Dietrich Knauth and Tom Hals NEW YORK/WILMINGTON, Del. (Reuters) -Crypto exchange FTX has recovered more than $5 billion in liquid assets but the extent of customer losses in the collapse of the company founded by Sam Bankman-Fried is still unknown, an attorney for the company told a U.S. bankruptcy court on Wednesday. The company,…

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Flight Disruptions Could Last Days After FAA Outage Snarls U.S. Travel

Flight Disruptions Could Last Days After FAA Outage Snarls U.S. Travel

By David Shepardson, Rajesh Kumar Singh and Abhijith Ganapavaram WASHINGTON/CHICAGO (Reuters) -U.S. flights were slowly resuming departures and a ground stop was lifted after the Federal Aviation Administration (FAA) scrambled to fix a system outage overnight that had forced a halt to all U.S. departing flights. More than 7,300 flights were delayed and 1,100 canceled…

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