American Airlines Resolves Problem That Could Have Canceled Thousands of Flights
American Airlines failed to schedule enough pilots for flights during the holiday season. It was said that about 15,000 flights would be affected by the error. American Airlines could have lost tons of money and it could have affected the way people viewed the company. If given the option, people would probably choose to fly a different airline. Currently American Airlines stock is down 2.95%, but there is no proof that this was the cause. It would be beneficial for American Airlines to invest in a better system so that something like this doesn't happen again because they might not be so fortunate the next time.
I think the stock decline could be a direct result of the system error.
ReplyDeleteI think investing in a new system would be best for American Airlines. Spending money to fix the problem would be much cheaper than having 15,000 flights affected every time it fails. In addition, I think this might cause stocks for system companies to go up. The reason I say this is because I think other airlines will look at this and rethink or update their security system as well. This could bring in a lot of money for the security system companies.
ReplyDeleteYes, this is an issue that could not only affect airlines but many other industries. So this could be a boom time for these security system companies
ReplyDeleteA new system is obviously needed after such a public failure like this. I did read that they resolved the problem however when people think American Airlines right now they are thinking about this issue. I like the idea of system security companies experiencing some sort of growth as Xavier and Erin mentioned, I'm sure American Airlines is in the market for a new one.
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