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BRIEF-In Q2, Expects Positive YOY Revenue And Traffic Results In Line With Expectations Prior To The Groundings - Exec, Conf Call

Expectations Prior To The Groundings - Exec, Conf Call@

May 6 (Reuters) - Air Canada:

* EXPECTS IN Q2 Y-O-Y REVENUE GROWTH PERFORMANCE IN LINE WITH ORIGINAL EXPECTATION -EXEC, CONF CALL

* SAYS "GEOPOLITICAL SITUATION" NEGATIVELY IMPACTING TRAVEL BETWEEN CANADA AND CHINA -EXEC, CONF CALL

* IN Q2, EXPECTS POSITIVE YEAR-OVER-YEAR REVENUE AND TRAFFIC RESULTS IN LINE WITH EXPECTATIONS PRIOR TO THE GROUNDINGS- EXEC, CONF CALL

* FLIGHT CANCELLATIONS AND A LOWER CAPACITY FROM THE MAX GROUNDING IMPACTED US BY APPROX 0.5 PERCENTAGE POINT - EXEC, CONF CALL

* SAYS THE IMPACT ON CO'S UNIT COST IS EXPECTED TO INCREASE THE LONGER THE GROUNDING PERSISTS, PARTICULARLY HEADING TOWARDS THE BUSY SUMMER SEASON- EXEC, CONF CALL

* FINAL DECISION ON RETURNING THE MAX TO SERVICE WILL BE BASED ON OUR HOME SAFETY ASSESSMENT FOLLOWING THE LIFTING OF GOVERNMENT SAFETY NOTICES & APPROVAL OF THE SOFTWARE MODIFICATION AND TRAINING PROTOCOL BY RELEVANT REGULATORY AUTHORITIES- EXEC, CONF CALL

* AC CEO SAYS 737 MAX PILOTS TRAINING IN SIMULATOR ON SCENARIO OF TWO RECENT CRASHES INVOLVING MODEL- CONF CALL

* MAY HAVE TRAINING REQUIREMENTS THAT EXCEED WHAT BOEING AND FAA EXPECT FOR 737 MAX - CEO, CONF CALL

* TOTAL 12 MAX DELIVERIES TO COME IN MARCH END TO JUNE END, 6 COMPLETED AND PARKED AT THIS POINT OF TIME, REMAINING 6 IN PRODUCTION LINE- CEO, CONF CALL Further company coverage: (Reuters.Briefszthomsonreuters.com)