You're watching the Financial New Network at fnno.com, I'm Julia Sun. The Federal Aviation Administration is fining Delta Air Lines up to $1 million on two separate safety violations. Delta made more than 800 flights on one of its Airbus A320’s in the second half of 2010 with a broken light in the cockpit. Regulation required the light to be repaired within 10 days from the initial damage and Delta did not do so. FAA is proposing a fine of $300,000. FAA release also states that in Feb, 2010, a Boeing 737 aircraft belonged to Delta made 20 flights after the plane failed the FAA inspection. FAA is proposing $687,500 in penalty for this indiscretion. Delta will have 30 days to respond and is allowed to present counter evidence. Share with us your reaction on this threat to your safety, you can send in your comments to our show or tweet us @fnnonline. I’m Julia Sun for the Financial News Network, we’ll be right back.
From FNNO.com, this is the Financial News Network. I’m Cleo
Stiller-Farrell and this is your Midweek Market Wrap Up. The British
Bankers’ Association, which has the supervisory role of setting the
influential Libor rates, announced that it would be willing to give up
its...