AMR (AMR)

The safety record of American Airlines (NYSE:AMR) was in the limelight again Monday after the Federal Aviation Administration proposed fining the parent company AMR Corp. $787,500 for maintenance violations, according to MarketWatch. The fines cover three incidents that involved deferred maintenance on a broken secondary flight control system, as well as failure to properly inspect rudder components on four Boeing 757 jets, and then flying the planes despite knowledge of the error. American was also accused with not completing full maintenance of an MD-82 aircraft before returning it to service.
Last month there were reports that American Airlines faced millions in civil penalties for lapsed safety standards, with the Department of Transportation blaming the FAA with complacency. When the cost of doing business increases at an airline, trends show that the invisible sections, such as maintenance sometimes do not receive the attention they require. This is a section of the business that should not be taken lightly.

Mar 16 · 12:24:00 PM · Source: MarketWatch
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by Steve Wieczorek