Erica Hill
360° CorrespondentI can’t believe we are days away from the unofficial start to summer: Memorial Day. I know, it’s not the solstice, but who needs one when there’s a sale everywhere you look? And we’ll need them. Chances are, this Memorial Day weekend will be different from years past. Maybe you’ve decided to skip the road trip this year (AAA says you’re not alone) thanks to the ever-increasing cost of gas. I hate to be the bearer of bad news, but sticking around the home front may not be much of a bargain, either.

Everything from beer to buns to briquettes will likely cost you more than they did last year. Paper plates are almost 14 percent more than last year. Lettuce is up 9 percent. And those hamburger buns? Up almost 17 percent. This is the highest food inflation we’ve seen in nearly two decades – which is also a major factor in the food crisis. The worst part? These prices aren’t coming down.

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And neither are airline prices, especially if you’re flying American.

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If you fly every week, or sometimes three times a week, like I do, you must be wondering “what is going on?” Day after day another report of aircraft being grounded, inspections missed and safety warnings being issued.

It’s no different on this story, only this warning is coming straight from the cockpit. American Airlines pilots are telling us they are losing faith in the safety of their aircraft, and the fear is American Airlines is a trendsetter in the industry.

Tonight, we report on one specific problem: landing nose gear that won’t retract into the aircraft after take off. At American there have been nearly 2 dozen of these incidents in just the past month. And though American Airlines tells us it is not a major concern, Captain Sam Mayer will tell you how he nearly had a catastrophic event take place when his landing gear incident led to much more serious problems on a freezing day in Minneapolis.

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