The stock market has managed to show some signs of early strength in 2023, fighting back against downward pressure. Major market benchmarks are all up on the year so far, and stock index futures suggested that Wednesday morning might bring modest gains to add to the upward momentum.

One of the leading areas of the stock market in the opening couple of weeks of the new year has been the airline industry. Even as December storms forced holiday travelers to deal with significant disruptions to their travel plans, investors have increasingly believed that the worst times for airlines are now behind them. On Wednesday morning, however, news of yet another problem hit the travel industry hard, raising speculation about a potential point of weakness for the transportation system and causing investors to ask questions about what the impact on airline stocks might be.

Air travelers woke up to bad news on Wednesday morning, as the Federal Aviation Administration suffered an outage in a key safety system. The FAA's Notice to Air Missions (NOTAM) system failed, causing problems with operations throughout U.S. airspace and leading the agency to order a temporary halt to all domestic flight departures.

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Source Fool.com