FAA halts US flights to Haiti after passenger jets hit by gunfire

Published On Nov 12, 2024, 4:31 PM

The FAA has suspended U.S. flights to Haiti for at least a month following incidents where two aircraft operated by JetBlue and Spirit Airlines were struck by gunfire near Port-au-Prince. This has escalated due to ongoing civil unrest and a security crisis in Haiti. Flights from these airlines are temporarily halted while safety evaluations are underway, with JetBlue offering waivers for affected passengers. The U.S. government has classified Haiti as a 'Level 4: Do Not Travel' area due to rampant violence, including armed gang activities affecting travel routes to and from the airport.

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Stock Forecasts

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Negative

Given the suspension of flights and the unstable security situation in Haiti, airline stocks, particularly for those involved, may experience downward pressure as operational and safety concerns grow. The situation could lead to decreased passenger volumes and negative earnings outlooks for short-term operations.

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Negative

As Spirit Airlines halts operations to Haiti, this could impact their stock negatively, especially if the civil unrest continues and leads to prolonged service disruptions. Safety concerns over the region may further deter travel, impacting their revenue from these routes.

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