AMERICAN AIRLINES GROUP INC.

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U.S. FAA approves 78% of planes for low-visibility landings near 5G airports

01/20/2022 | 02:46pm EDT
FILE PHOTO: 5G technology may conflict with commercial aviation

WASHINGTON (Reuters) - The U.S. Federal Aviation Administration on Thursday issued new approvals for additional altimeters that allow about 78% of the U.S. commercial air fleet to perform low-visibility landings at airports where 5G C-band wireless is deployed.

Some flights were being affected at San Francisco because of low visibility, with some diverted to other airports or canceled, airlines said.

Airplane models with one of 13 cleared altimeters include all Boeing 717, 737, 747, 757, 767, 777, 787 and MD-10/-11 models; all Airbus A300, A310, A319, A320, A330, A340, A350 and A380 models; and some Embraer 170 and 190 regional jets. The FAA said it anticipated "some altimeters will be too susceptible to 5G interference" and will be prohibited from performing low-visibility landings near 5G deployments.

AT&T and Verizon Communications agreed late Tuesday to delay switching on new telecom towers near key airports even as they turned on the new 5G C-Band service.

Radio altimeters are used to give data on height above grounds for bad-weather landings.

President Joe Biden on Wednesday said he had "pushed as hard I can to have the 5G folks hold up and abide by what was being requested by the airlines."

Verizon will temporarily not turn on about 500 towers near airports, sources told Reuters, or less than 10% of their planned deployment, while the carriers and the administration work on a permanent solution.

(Reporting by David Shepardson; Editing by Chizu Nomiyama and Jonathan Oatis)

By David Shepardson


© Reuters 2022
Stocks mentioned in the article
ChangeLast1st jan.
AIRBUS SE 2.84% 107.72 Real-time Quote.-6.76%
AMERICAN AIRLINES GROUP INC. 4.06% 16.13 Delayed Quote.-10.19%
EMBRAER S.A. 0.17% 12.13 Delayed Quote.-51.13%
HONEYWELL INTERNATIONAL INC. 0.25% 190.44 Delayed Quote.-8.67%
UNITED AIRLINES HOLDINGS, INC. 3.63% 43.08 Delayed Quote.-1.60%
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Financials (USD)
Sales 2022 46 396 M - -
Net income 2022 -1 312 M - -
Net Debt 2022 30 534 M - -
P/E ratio 2022 -8,27x
Yield 2022 -
Capitalization 10 477 M 10 477 M -
EV / Sales 2022 0,88x
EV / Sales 2023 0,81x
Nbr of Employees 127 000
Free-Float 99,0%
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Technical analysis trends AMERICAN AIRLINES GROUP INC.
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Mean consensus HOLD
Number of Analysts 22
Last Close Price 16,13 $
Average target price 19,58 $
Spread / Average Target 21,4%
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Managers and Directors
Robert D. Isom Chief Executive Officer & Director
Derek J. Kerr Executive VP, Chief Financial & Accounting Officer
William Douglas Parker Chairman
Maya Leibman Chief Information Officer & Executive VP
David G. Seymour Chief Operating Officer & Senior Vice President