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US FAA close to fine against American Airlines-source
20. august 2010 08:28 | RegulationsReuters
WASHINGTON/CHICAGO, Aug 20 (Reuters) -The U.S. government is close to proposing a substantial fine against American Airlines, a unit of AMR Corp (AMR.N), for alleged maintenance and inspection violations that led to the grounding of hundreds of planes and the cancellation of thousands of flights in 2008.
A source familiar with the matter said the decision by safety regulators was expected soon and the fine would likely be significant.
The Wall Street Journal reported on Thursday that the Federal Aviation Administration fine could reach $25 million.
The FAA said it would not comment on a pending enforcement investigation.
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