FAA Order Leads to Costly AA Cancellations
Credit: AP/WIDE WORLD
American Airlines is taking a financial beating from stepped-up FAA safety oversight that last week required grounding and re-inspection of wire bundles in its fleet of 300 MD-80 aircraft. Lost revenue from the 1,000 flight cancellations on Apr. 9 alone could run as high as $14.5 million. This...
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