The airline industry is a mess. Things are so out of whack that one airliner, American Airlines, announced last week that it was going to charge for the baggage that passengers check.

I’ve always considered airlines to be, hands down, the easiest way to lose money in the markets.

American Airlines (AMR:NYSE) canceled an additional 933 flights today to catch up on inspections and to repair questionable electrical wiring in hundreds of jets. This marks the third day of mass groundings.