New York, April 29, 2016 -- Moody's Investors Service said that Delta's announcement earlier today that it placed an order for 37 Airbus A321ceo aircraft and its announcement yesterday of an order for 75 CS100s are credit positive for Delta because it believes the company negotiated very attractive pricing on both orders. While the aggregate investment is likely to increase annual capital spending relative to the company's prior mentions of about $3.0 billion per year, expected strong operating cash flow will cover any incremental investment. For further information, please see www.moodys.com.
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