Computer Issue That Delayed Florida Flights Resolved

RTTNews | 1027 dias atrás
Computer Issue That Delayed Florida Flights Resolved

(RTTNews) - Air traffic control issues that caused flight delays to Florida airports have been resolved by the Federal Aviation Administration or FAA, reports said.

Earlier Monday, the agency had said that it had slowed the volume of air traffic into Florida airspace due to an air traffic computer issue.

Reports quoted the FAA as saying, "The computer issue has been resolved. The FAA is working toward safely returning to a normal traffic rate in the Florida airspace."

The issue was with the En Route Automation Modernization or ERAM system at the Miami Air Route Traffic Control Center, which is responsible for airspace for commercial flights over Florida.

Some of Florida's key airports including Miami International Airport, Fort Lauderdale-Hollywood International Airport and Orlando International Airport were affected by the air traffic computer problem.

The FAA was expecting Monday to be a busy post-Christmas travel day with 42,000 flights scheduled, with possible heavier volume from south to north.

The latest issue in the air travel came after the severe winter storm and its after-effects during the Christmas holiday season forced cancellations and delays of thousands of flights across the United States.

Southwest Airlines Co., which was hit by bad weather and scheduling issues, had to cancel thousands of flights, but now goes through normal operations with minimal disruptions.

read more
Russia Central Bank Cuts Rates For Fourth Policy Session

Russia Central Bank Cuts Rates For Fourth Policy Session

Russia's central bank unexpectedly reduced its key interest rate for the fourth policy session in a row, citing high inflation expectations and lackluster growth, and signaled that monetary policy will remain tight for an extended period of time.
RTTNews | 1 dia atrás
Canadian Market Rises On Rate Cut Bets

Canadian Market Rises On Rate Cut Bets

The Canadian market is up firmly in positive territory Friday afternoon, thanks to strong gains in the technology sector. A few stocks from financial and communications sectors are also up with notable gains.
RTTNews | 2 dias atrás
Swiss Market Ends Marginally Up After Choppy Ride

Swiss Market Ends Marginally Up After Choppy Ride

The market started off on a positive note on Friday but slipped into the red around mid morning and then struggled for direction till the end with stocks swinging between gains and losses amid cautious moves by investors.
RTTNews | 2 dias atrás
European Stocks Close Higher After Cautious Session

European Stocks Close Higher After Cautious Session

Despite struggling for support till mid afternoon, European stocks edged higher on Friday after cooler-than-expected U.S. consumer price inflation raised prospects of an interest rate cut by the Federal Reserve next week.
RTTNews | 2 dias atrás
U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

U.S. Consumer Sentiment Deteriorates More Than Previously Estimated In October

Revised data released by the University of Michigan on Friday showed consumer sentiment in the U.S. deteriorated by more than initially estimated in the month of October. The University of Michigan said its consumer sentiment index was downwardly revised to 53.6 from the preliminary reading of 55.0. Economists had expected the consumer sentiment index to be unrevised from the preliminary reading.
RTTNews | 2 dias atrás
U.S. Consumer Prices Rise 0.3% In September, Slightly Less Than Expected

U.S. Consumer Prices Rise 0.3% In September, Slightly Less Than Expected

A closely watched report released by the Labor Department on Friday showed consumer prices in the U.S. increased by slightly less than expected in the month of September. The Labor Department said its consumer price index rose by 0.3 percent in September after climbing by 0.4 percent in August. Economists had expected consumer prices to rise by another 0.4 percent.
RTTNews | 2 dias atrás
Eurozone Private Sector Growth At 17-Month High

Eurozone Private Sector Growth At 17-Month High

The euro area private sector growth accelerated to a 17-month high in October as new orders registered a steeper growth despite continuing fall in business from abroad. The flash HCOB composite output index climbed unexpectedly to 52.2 in October from 51.2 in September. The reading was expected to fall to 51.0.
RTTNews | 2 dias atrás