CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 77% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.

U.S. airline CEOs again warn of potential disruption from 5G rollout

17:54 18 January 2022

In a letter sent Monday to United States transportation and economic officials and obtained by NBC News, the CEOs of major airlines expressed concerns that rollout of a new 5G service near major airports on Wednesday, could  cause “catastrophic” disruption and ground flights which would left "tens of thousands of Americans" stranded overseas. The aviation sector is concerned 5G signals will interfere with aviation technology including the radar altimeter onboard planes. "The ripple effects across both passenger and cargo operations, our workforce and the broader economy are simply incalculable," the executives wrote. "To be blunt, the nation's commerce will grind to a halt." The executives of the US largest airlines and shipping carriers including Delta, American, United, Southwest, FedEx, UPS and more, are asking for "immediate intervention" to block AT&T and Verizon from launching new 5G network within two miles of airports. 

Federal Aviation Administration (FAA) is investigating the potential impacts of 5G on flights and has preemptively ordered some Boeing 787 operators to take extra precautions when landing.

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"With safety as its core mission, the FAA will continue to ensure that the traveling public is safe as wireless companies deploy 5G," the FAA said in a statement. "The FAA continues to work with the aviation industry and wireless companies to try to limit 5G-related flight delays and cancellations.” FAA announced on Sunday it had approved some transponders to be safely operated within areas where 5G will be deployed, clearing "as many as 48 of the 88 airports most directly affected by 5G C-Band interference."

But the airlines are worried that remaining limitations at those airports, as well as a large amount of equipment still uncertified, could trigger a crisis including the grounding of thousands of flights.

Airlines late on Monday were considering whether to begin canceling some international flights that are scheduled to arrive in the United States on Wednesday.

AT&T and Verizon, which won contracts worth tens of billions of dollars last February to operate 5G in the 3.7-3.98 GHz frequency bands both agreed to buffer zones around 50 airports to reduce interference risks and take other steps to cut potential interference for six months. They also agreed to delay deployment for two weeks until Wednesday, temporarily averting an aviation safety standoff, after previously delaying service by 30 days. Both companies declined comment on Monday and earlier emphasized that C-Band 5G has been successfully deployed in about 40 other countries without aviation interference issues. 

AT&T and Verizon are planning to turn on their 5G service in the US on January 19, unless this process will be blocked by federal regulators or they will reach a deal with airline operators.

American Airlines (AAL.US) stock launched today's session lower however sellers failed to break below the lower limit of the ascending channel and price is trying to recover losses. Nevertheless a s long as the price sits below resistance at $19.20, which is marked with 38.2% Fibonacci retracement of the upward move launched in May 2020 and 200 SMA (red line), further downside is the base case scenario with potential target for bears around $16.20. On the other hand, if buyers manage to break above the aforementioned resistance, then another upward impulse towards the upper limit of the channel may be launched. Source: xStation5

This content has been created by XTB S.A. This service is provided by XTB S.A., with its registered office in Warsaw, at Prosta 67, 00-838 Warsaw, Poland, entered in the register of entrepreneurs of the National Court Register (Krajowy Rejestr Sądowy) conducted by District Court for the Capital City of Warsaw, XII Commercial Division of the National Court Register under KRS number 0000217580, REGON number 015803782 and Tax Identification Number (NIP) 527-24-43-955, with the fully paid up share capital in the amount of PLN 5.869.181,75. XTB S.A. conducts brokerage activities on the basis of the license granted by Polish Securities and Exchange Commission on 8th November 2005 No. DDM-M-4021-57-1/2005 and is supervised by Polish Supervision Authority.

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