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Delta Backs Off Fare Hike Announced Wednesday

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    FBN’s Lauren Simonetti on Delta backing off on an earlier announcement it would increase fares by $4 to $10.

  • Duration 0:57
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Online singing anyway here Fox Business three -- shares are up more than 1% delta backed up a fair increase of four dollars to ten dollars per round trip ticket.

The airline announced that price hike on Wednesday -- -- delta spokesman says the airline back dot since no other airlines matched it.

Look this optimism is up to its highest level in three months the University of Michigan consumer -- main gauge rose to a preliminary February reading of 76 point three that's the highest level since November.

January's final reading was 73 point eight CDs tracks how consumers view their personal finances.

And business conditions.

The Federal Reserve sound industrial production slipped in January on declines in manufacturing and mining.

January was down -- -- 1% ending two months of production gains December was up four point 4% and November industrial production was up one point.

One point 4% and now --