Delta Air CEO Says Demand Has Been Stable Since Resetting To A Lower Growth Rate Earlier This Year - Conf Call

July 10 (Reuters) - Delta Air Lines Inc DAL.N:

• DELTA AIR CEO SAYS DEMAND HAS BEEN STABLE SINCE RESETTING TO A LOWER GROWTH RATE EARLIER THIS YEAR - CONF CALL

• DELTA CEO SAYS OVERALL DEMAND FOR AIR TRAVEL REMAINS SIMILAR TO LAST YEAR, WITH SOFTNESS LARGELY CONTAINED TO MAIN CABIN & PARTICULARLY DURING OFF PEAK PERIODS

• DELTA AIR CEO SAYS THE FUNDAMENTALS OF THE U.S. ECONOMY ARE SOLID

• DELTA AIR CEO SAYS ITS CORE CONSUMER IS IN GOOD SHAPE AND CONTINUES TO PRIORITIZE TRAVEL

• DELTA AIR CEO SAYS CONSUMER SPEND GROWTH ON THE DELTA AMERICAN EXPRESS CARD WAS UP DOUBLE DIGITS IN THE FIRST HALF OF THE YEAR

• DELTA AIR CEO SAYS RECENT PASSAGE OF THE RECONCILIATION PACKAGE CREATES CERTAINTY AROUND TAX POLICY

• DELTA AIR CEO SAYS WITH CONTINUED PROGRESS ON TRADE NEGOTIATIONS, WE EXPECT BOTH CONSUMER AND CORPORATE CONFIDENCE TO IMPROVE IN SECOND-HY

• DELTA AIR CEO SAYS ON THE SUPPLY SIDE, WE'RE ENCOURAGED BY INDUSTRIES ACTIONS TO ALIGN CAPACITY WITH DEMAND AS WE MOVE BEYOND PEAK SUMMER PERIOD

• DELTA AIR CEO SAYS SEATS AT LOWER END OF MARKET ARE SCHEDULED TO CONTRACT AS CARRIERS ADJUST TO ENVIRONMENT AND WORK TO IMPROVE FINANCIAL PERFORMANCE

• DELTA AIR CEO SAYS HAVE ALSO ADJUSTED TO A LOWER GROWTH ENVIRONMENT

• DELTA AIR CEO SAYS ADJUSTING OUR CAPACITY TO MATCH DEMAND AND AGGRESSIVELY MANAGE OUR COST BASE TO DELIVER ON OUR COMMITMENTS

• DELTA AIR CEO SAYS ACTIVELY ROLLING OUT EXPANDED PREMIUM CABINETS IN BOTH DOMESTIC & INTERNATIONAL MARKETS

• DELTA AIR EXEC SAYS REMAIN ON TRACK FOR FY REMUNERATION OF ABOUT $8 BILLION FROM AMERICAN EXPRESS, PROVIDING DURABILITY TO BOTH EARNINGS & CASH FLOW

• DELTA AIR EXEC SAYS MAIN CABIN MARGINS REMAIN SOFT ACROSS BOTH DOMESTIC AND INTERNATIONAL MARKETS

• DELTA AIR EXEC SAYS EXPECT IMPROVEMENT IN MAIN CABIN MARGINS AS INDUSTRY DEMAND AND SUPPLY REBALANCES

• DELTA EXEC SAYS POST SUMMER, HAVE PROACTIVELY ADJUSTED CAPACITY TO ADDRESS AREAS OF SOFTNESS WITH REDUCTIONS IN MAIN CABIN & OFF PEAK FLYING

• DELTA EXEC SAYS OUR OUTLOOK REFLECTS STABLE DEMAND ACROSS BOTH CONSUMER & CORPORATE SEGMENTS WITH MIDPOINT SIMILAR TO Q2 PERFORMANCE

• DELTA CFO SAYS AFTER REINVESTING IN BUSINESS, DEBT REDUCTION REMAINS TOP CAPITAL ALLOCATION PRIORITY

• DELTA CFO SAYS OPPORTUNISTICALLY PREPAYING AND REFINANCING HIGH COST DEBT WHERE WE CAN DRIVE ECONOMIC BENEFIT

• DELTA CFO EXPECT Q3 WILL MARK OUR STRONGEST COST PERFORMANCE OF YEAR

• DELTA EXEC SAYS PREMIUM HAS CERTAINLY BEEN WHERE CO'S MARGINS HAVE CONTINUED TO EXPAND

• DELTA EXEC SAYS THERE'S NOTHING IN ANY OF FORWARD BOOKINGS THAT WOULD INDICATE THAT THERE'S A DIMINISHING DEMAND FOR PREMIUM CABINS OR SERVICES

• DELTA CEO SAYS NOT PLANNING ON PAYING ANY TARIFFS ON AIRCRAFT DELIVERIES

• DELTA CEO SAYS ENCOURAGED BY PROGRESS THAT WE SEE HAPPENING IN DISCUSSIONS IN WASHINGTON

• DELTA EXEC SAYS ADVANCE BOOKINGS ARE DOING WELL

• DELTA EXEC SAYS WOULD EXPECT TO SEE VERY FAVORABLE RESULTS FOR MAIN CABIN AS WE MOVE THROUGH REST OF YEAR GIVEN WHAT INDUSTRY HAS DONE

• DELTA EXEC SAYS THERE'S CLEARLY LESS TRAVEL COMING OUT OF EUROPE

• DELTA AIR CFO SAYS WE EXPECT NEW DELIVERIES TO BE AROUND 40 AIRCRAFT THIS YEAR