American Airlines Cancels 850 Flights for Inspections
Wednesday, April 9th, 2008American Airlines stock is down 9% today, from $10.32 a share down to $9.40 a share. American Airlines has cancelled 850 flights, roughly 40% of it’s flights for Wednesday as it conducts safety inspections on it’s MD-80 aircraft. The cancellations follow 450+ cancellations on Tuesday, and a couple hundred two weeks ago. Thousands of passengers have been left stranded due to the huge amount of flights being cancelled. Flight cancellations are expected to continue into Thursday as they continue working on wiring work they had done two weeks ago.
