Delta Air Lines Expects Mid-Single-Digit Pretax Margin In Q3 - Conf Call
T-Reuters2021-07-14
Delta Air Lines Inc :Delta Air Lines Ceo Says Expects Mid-Single-Digit Pretax Margin In Q3 As Demand Continues To Improve With The Return Of Corporate Travel And Gradual Reopening Of International Markets - Conf Call.Delta Air Lines President Says Recent Corporate Survey Results Show Over 90% Of Co’S Corporate Accounts Anticipate Travel Volumes To Increase In Q3, Up From Just 33% In The March Quarter.Delta Air Lines President Says, Despite Volatility In Global Covid Recovery, International Travel Is Accelerating With Capacity And Load Factors Increasing As Co Heads Into Fall.Delta Air Lines Co Cfo Says September Quarter Nonfuel Casm Is Expected To Be 11% To 14% Higher Than 2019; Says Expect To Close The Gap To 2019 Nonfuel Casm In Q4.Delta Air Lines President Says, Outside The U.S., Optimistic About Demand Recovery In The Transatlantic; Expect Demand In The Pacific To Be The Laggard Due To Low Vaccination Rates And Travel Restrictions.Delta Air Lines Ceo Says Don'T Expect To Be Doing Stock Repurchases In The Next 2 To 3 Years.Delta Air Lines Co-Cfo Says Fleet Actions Company Has Taken, Give Delta The Potential To Add 7 Points To Capacity By 2023.Delta Air Lines Ceo Says Has Not Seen Any Reduction Or Drop In Demand Due To New Covid Variants.Delta Air Lines Ceo Says Co Is In The Process Of Hiring Between 4000-5000 Employees Over This Year.Further Company Coverage: Dal.N. ((Reuters.Briefs@Thomsonreuters.Com;)).
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