The Wall Street Journal has reported that Delta Air Lines is plans to stop funding a special bankruptcy-proof pension program for executives.

Delta Airlines will slash another 7,000 to 8,000 jobs in a move that will reduce its payroll by 25% since last year's terrorist attacks.

Delta Airlines has revealed a €851m fourth-quarter loss.

Delta Air Lines is to suspend flights from JFK to Dublin and Shannon from November 1st until March 15th next year.

The US and global airline industry is "teetering on the edge of collapse", according to Democratic Representative James Oberstar.