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Delta to cancel order for 18 Boeing 787 Dreamliner aircraft

Delta, in its statement, did not disclose specific terms of the agreement. Delta declined to comment beyond its statement. The cancellation comes as Delta and other top U.S. airlines seek to slow flight capacity growth and in some instances shrink existing service in response to falling airfares.

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Delta to cancel order for 18 Boeing 787 Dreamliner aircraft

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Global stock markets set for modest gains in 2017: Reuters polls

Global equities are forecast to rise modestly in 2017, held back by concerns about the pace of U.S. Federal Reserve interest rate hikes and the waning effect of widespread monetary stimulus that has helped drive shares to lofty heights, Reuters polls show.

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Global stock markets set for modest gains in 2017: Reuters polls

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Fed’s Lacker says he would have dissented at September meeting

Richmond Federal Reserve President Jeffrey Lacker said he would have voted in favor of an interest rate hike at the Fed's September policy meeting had he been able to vote, reflecting the growing pressure on Fed Chair Janet Yellen to raise rates. The U.S. central bank left interest rates steady at its Sept 20-21 meeting but three of its 10 voting policymakers dissented because they wanted a quarter percentage point increase. Lacker, one of …

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Fed’s Lacker says he would have dissented at September meeting

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Delta posts smaller-than-expected fall in passenger unit revenue

Delta's shares were up 3.5 percent at $40.38 in early trading on Tuesday. The company, the second-largest U.S. airline by passenger traffic, reported a 3 percent decline in consolidated passenger unit revenue. Delta said the fall in September was due to a supply-demand imbalance on transatlantic routes and headwinds from prior-year yen hedge gains.

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Delta posts smaller-than-expected fall in passenger unit revenue

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Delta cancels hundreds more flights, expects normal operations soon

Delta, the No. 2 U.S. airline by passenger traffic, said systems that allow customer service agents to process check-ins and dispatch aircraft are now functioning normally. As of 2:30 p.m. EDT (1830 GMT), Delta said it had canceled 311 flights on the day, adding to the more than 1,600 cancellations since Monday. Another 2,540 flights departed on Wednesday, with 70 percent of them within 30 minutes of their scheduled times, the airline said.

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Delta cancels hundreds more flights, expects normal operations soon