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American Airlines Cancels More Flights

Shares of AMR are down 1.2%.
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American Airlines canceled hundreds of flights Tuesday and more are expected today in order for the carrier to conduct additional inspections of its MD-80 fleet.

The inspections, American said, are needed to "ensure precise and complete compliance with the Federal Aviation Administration's airworthiness directive related to the bundling of wires in the aircraft's wheel wells." The reviews concern technical compliance issues, not flight safety.

"We've been working in good faith to ensure that we are in complete compliance with this airworthiness directive," said Gerard Arpey, chairman and CEO of American Airlines, in a statement on the company's Web site. "We regret and apologize that we are once again causing inconvenience to our customers, but we will continue to work in good faith until we satisfy all of the technical issues related to this airworthiness directive."

American grounded part of its fleet last month to inspect some of its planes. Also,

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UAL's

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United have had to cancel flights recently for maintenance inspections.

Shares of

AMR

(AMR)

, the parent company of American, were down 1.2% at $10.20 in premarket trading Wednesday.

This article was written by a staff member of TheStreet.com.