FAA: United Continental's "Automation Issue Resolved" - United Airlines Holdings (NASDAQ:UAL)

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Shares of United Continental Holdings Inc (NYSE: UAL) were trading lower by 1.47 percent at $53.51 shortly after Wednesday's opening bell after the company briefly grounded all worldwide flights Wednesday morning due to a computer glitch.

We experienced a network connectivity issue. We are working to resolve and apologize for any inconvenience.
— United (@united) July 8, 2015

NBC News cited a statement that the company released shortly after 9:00 A.M. United Airlines attributed the global grounding of flights to a "network connectivity issue." The company is "working to resolve" the issue.NBC News further stated that the grounding affects 3,500 flights across 235 domestic and 138 international destinations. Reporting on the same story, Bloomberg added that the U.S. Federal Aviation Administration attributed the grounding of flights to "automation issues."The airline suffered a similar setback on June 2 when a company-wide computer glitch resulted in a grounding of flights. Quartz quoted a United pilot who told passengers that the computer system as "a complete mess."Update: Reuters tweeted just before 10:00 AM that United flights were no longer grounded but no further update from the airline has been offered.

BREAKING: United Airlines flights are no longer grounded: FAA
— Reuters Top News (@Reuters) July 8, 2015

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