Delta Air Lines first-quarter profit beats expectations

April 15, 2015 11:51 AM

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Delta Air Lines first-quarter profit beats expectations

(Reuters) - Delta Air Lines Inc (DAL.N) on Wednesday reported first-quarter profit that topped analysts' expectations and said it would reduce international capacity in the fourth quarter where a strong U.S. dollar has weakened demand.

While a strong U.S. dollar has dented demand abroad and concerned investors, Delta's unit revenue and capacity guidance painted a better picture than Wall Street had anticipated. The airline's stock rose more than 4 percent in early trading.

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