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Wednesday, August 03, 2011

American Airlines hit hard in yesterday's stock tumble

I want to thank those of you who have been faithfully reading the Distribution-Solutionz blog. 

My day job is pulling me to sweltering Dallas, TX today and tomorrow, so I'm taking a bit of a break today and tomorrow from blogging.

As I sit here in Tampa airport and I check yesterday's stocks for the travel industry (see right), I see that AA is down to $3.85/share.  Ouch.  As I shared a few weeks ago, when I left AA in 1992, my options were over $70 per share.  Still wondering whether AMR should have sold the airline instead of Sabre.

Stay tuned!
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