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BRIEF-Delta Air says yields and demand remain strong heading into peak summer - Conf call

April 12 Delta Air Lines Inc

* Says yields and demand remain strong as it heads into peak summer

* Says peak business demand also continues to be solid and the outlook remains strong

* Says remain on track to keep its full year CASM-Ex growth in 2-3 pct range

* Says continue to expect margins to expand in 2H compared to prior year on a normalized basis

* Says expects 2017 margins to be roughly 150 basis points below 2016 levels, with contraction to have already taken place in Q1

* Says comfortable with capacity available in the industry today

* Says optimistic about travel for the rest of 2017; energy and banking and finance are couple of standouts sectors that are positive this year

* Says to retire remaining Boeing 747s in service through the year, and replace them with Airbus A350s

* Says to retire its oldest Boeing 767 aircraft starting this summer, and replace them with more efficient Airbus A330s; says three 767 aircraft will retier this year

* Says continues to see excess capacity in the industry in the wide-body market; says could anticipate some reductions in wide-body orders over next several years Further company coverage:

我们的标准: 汤森路透“信任原则

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