United Airlines' shares fall after US FAA's increases oversight

In premarket trading on Monday, shares of United Airlines dropped by approximately 5% following the announcement by the US Federal Aviation Administration (FAA) to heighten its oversight of the carrier in response to a series of recent safety incidents. Last week, the FAA disclosed its intention to launch a formal evaluation to verify compliance with safety regulations by the Chicago-based airline.

Mar 25, 2024 - 12:00
United Airlines' shares fall after US FAA's increases oversight
In premarket trading on Monday, shares of United Airlines dropped by approximately 5% following the announcement by the US Federal Aviation Administration (FAA) to heighten its oversight of the carrier in response to a series of recent safety incidents. Last week, the FAA disclosed its intention to launch a formal evaluation to verify compliance with safety regulations by the Chicago-based airline.