24/7 Wall St.
04-13-2008, 08:13 AM
24/7 Wall St. Daily News
AMR (NYSE: AMR), parent of American Airlines, will return to 100% service tomorrow after FAA-mandated inspections of it MD-80 fleet forced the cancellations of over 3,000 flights. AMR management has said that the incident will cost the carrier tens of millions of dollars. An analyst with Standard & Poor's estimated it could easily top $30 million," according to the AP. The figure begs the question of how much the debacle will cost AMR. Customers may demand expense reimbursement for hotel stays and other costs which were incurred due to scrubbed flights. There may even be some class action suits for...http://feeds.feedburner.com/~f/typepad/RyNm?i=FdPmgYG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=FdPmgYG) http://feeds.feedburner.com/~f/typepad/RyNm?i=cJdJVSG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=cJdJVSG) http://feeds.feedburner.com/~f/typepad/RyNm?i=w5g8nYg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=w5g8nYg)
complete story here... (http://www.247wallst.com/2008/04/american-amr-fl.html)
AMR (NYSE: AMR), parent of American Airlines, will return to 100% service tomorrow after FAA-mandated inspections of it MD-80 fleet forced the cancellations of over 3,000 flights. AMR management has said that the incident will cost the carrier tens of millions of dollars. An analyst with Standard & Poor's estimated it could easily top $30 million," according to the AP. The figure begs the question of how much the debacle will cost AMR. Customers may demand expense reimbursement for hotel stays and other costs which were incurred due to scrubbed flights. There may even be some class action suits for...http://feeds.feedburner.com/~f/typepad/RyNm?i=FdPmgYG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=FdPmgYG) http://feeds.feedburner.com/~f/typepad/RyNm?i=cJdJVSG</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=cJdJVSG) http://feeds.feedburner.com/~f/typepad/RyNm?i=w5g8nYg</img> (http://feeds.feedburner.com/~f/typepad/RyNm?a=w5g8nYg)
complete story here... (http://www.247wallst.com/2008/04/american-amr-fl.html)