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BRIEF-Delta comments on sequestration effects
April 23, 2013 / 2:56 PM / 4 years ago

BRIEF-Delta comments on sequestration effects

April 23 (Reuters) - Delta Air Lines Inc : * During earnings conference call, carrier says expects second quarter unit revenue to be flat to down slightly * Delta says its defense business, which represents about 3 percent of

corporate revenues, has seen lower ticket revenue due to sequester * Delta says impact of air traffic control furloughs to be felt more on

its regional operations * Delta says it thinned regional connection flights in US Northeast on

Monday, with about 90 cancellations and it rebooked most of those customers

on Delta mainline flights * Delta says it saw delays on Monday mainly in the US Northeast * Expects to make May announcement about plan to return cash to

shareholders * Company has been affected by yen weakness, which has hurt demand in Japan beach markets, and Delta is reviewing its Pacific region capacity to determine possible reductions * Expects modest year over year improvement in unit revenue in May and

June

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