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DELTA AIR LINES 
SECURITY: DAL   (Common)  EXCHANGE: New York Stock Exchange   CURRENCY: US Dollar

Delta Air Lines (Other OTC: DALRQ) offers customers service to more destinations than any global airline with Delta and Delta Connection carrier service to 308 destinations in 52 countries.  With more than 60 new international routes added in the last year, Delta is America’s fastest growing international airline and is a leader across the Atlantic with flights to 31 trans-Atlantic destinations.  To Latin America and the Caribbean, Delta offers more than 600 weekly flights to 58 destinations.  Delta's marketing alliances also allow customers to earn and redeem SkyMiles on more than 14,000 flights offered by SkyTeam and other partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. Including its SkyTeam and worldwide codeshare partners, Delta offers flights to 462 worldwide destinations in 99 countries.

http://www.delta.com/



Delta Air Lines Announces $158 Million Quarterly Profit and $1.4 Billion Annual Profit, Excluding Special Items
Reports GAAP quarterly profit of $19 million and annual profit of $593 million
Jan 18, 2011
ATLANTA, Jan. 18, 2011 /PRNewswire/ -- Delta Air Lines (NYSE: DAL) today reported financial results for the December 2010 quarter.  Key points include:
Delta's net income for the December 2010 quarter was $158 million, or $0.19 per diluted share, excluding special items(1).  This is a $383 million improvement year over year.   
Delta's GAAP net income was $19 million, or $0.02 per diluted share, for the December 2010 quarter.
Delta's net income for 2010 was $1.4 billion, excluding special items.  Including $851 million in special items, Delta's net income for 2010 was $593 million.
2010 results include $313 million in profit sharing expense, including $38 million in the December quarter, in recognition of Delta employees' achievements toward meeting the company's financial targets.
Delta's adjusted net debt at the end of 2010 was $15.0 billion, a $2.0 billion reduction from prior year.
Delta ended 2010 with $5.2 billion in unrestricted liquidity. 
 

Delta Air Lines Reports March 2009 Quarter Financial Results PDF
ATLANTA, April 21, 2009 – Delta Air Lines (NYSE:DAL) today reported financial results for the March 2009 quarter.  Key points include:
Delta’s net loss for the March 2009 quarter was $693 million, excluding the special items described below1, or $0.84 per diluted share; 
Excluding $684 million in realized fuel hedge losses and special items, Delta’s results were breakeven. 
Delta’s reported net loss for the March 2009 quarter was $794 million, or $0.96 per diluted share. 
In the March 2009 quarter, Delta realized approximately $100 million in synergy benefits from its merger with Northwest Airlines. 
Delta generated approximately $600 million in operating cash flow and ended the quarter with $5 billion in unrestricted liquidity, which was unchanged from the balance at Dec. 31, 2008.

Delta Air Lines Reports Monthly Results for February 2007
ATLANTA, March 29, 2007 – Delta Air Lines (Other OTC: DALRQ) today filed its Monthly Operating Report for February 2007 with the U.S. Bankruptcy Court for the Southern District of New York. Key points include: 
Delta’s February 2007 net income was $55 million. 
As of February 28, 2007, Delta had $2.7 billion of unrestricted cash, cash equivalents and short-term investments.
Delta reported net income of $55 million in the month of February 2007, compared to a net loss of $209 million in February 2006.  Excluding reorganization items, Delta’s net loss was $43 million for February 2007, a $95 million improvement versus the prior year period.  Delta’s operating loss of $5 million includes a $5 million negative impact of fuel hedges for the month.  As of February 28, 2007, Delta had $3.7 billion of cash, cash equivalents and short-term investments, of which $2.7 billion was unrestricted.
Restructuring Progress
Delta remains on course to emerge from Chapter 11 next month, having made significant progress in transforming the airline into a strong and vibrant competitor.  Evidence of the company’s progress in February’s performance:
Delta’s consolidated passenger unit revenue (PRASM) increased 1.4% for February 2007 compared to February 2006.  Delta’s length of haul adjusted PRASM was 95.5% of industry average for the month, driven by the strength of its domestic system which increased to 100% of industry average PRASM. 
Delta’s operating expenses decreased 1.8% despite a capacity increase of 2.8%, resulting in a 4.5% reduction in consolidated unit costs (CASM) in February 2007 compared to February 2006.  Mainline non-fuel CASM was 7.61 cents for the month, a 7.6% improvement year over year.
"February’s results demonstrate the significant momentum we have created with our restructuring,” said Edward H. Bastian, Delta’s executive vice president and chief financial officer.   “We look forward to emerging from bankruptcy in a matter of weeks, having transformed our company into a strong, healthy competitor in this tough industry.”
Important Financial Disclosure 
Current holders of Delta’s equity will not receive any distributions under Delta’s proposed Plan of Reorganization.  These equity interests would be cancelled upon the effectiveness of the proposed Plan of Reorganization, which the company believes will occur shortly after the confirmation hearing scheduled on April 25, 2007.  Accordingly, we urge that caution be exercised with respect to investments in Delta’s existing equity securities and any of Delta’s liabilities and other securities.

Delta Air Lines Reports Monthly Results for July 2006
ATLANTA, August 30, 2006 – Delta Air Lines (Other OTC: DALRQ) today filed its Monthly Operating Report for July 2006 with the U.S. Bankruptcy Court for the Southern District of New York. Key points include:
· Delta’s July 2006 net income was $69 million.
· July 2006 net income excluding reorganization items was $99 million.
· As of July 31, 2006, Delta had $3.0 billion of unrestricted cash, cash equivalents and short-term investments.
Delta reported net income of $69 million in the month of July 2006, compared to a net loss of $41 million in July 2005. Delta’s net income excluding reorganization items was $99 million for July 2006, a $140 million improvement versus the net loss in the prior year period. As of July 31, 2006, Delta had $4.0 billion of cash, cash equivalents and short-term investments, of which $3.0 billion was unrestricted.
Restructuring Progress
In September 2005, Delta announced a comprehensive restructuring plan intended to deliver an additional $3 billion in annual financial benefits through revenue improvements and cost reductions by the end of 2007. During the month of July, Delta continued its restructuring progress by: · Reducing operating costs to achieve a mainline non-fuel CASM (1) of 6.60 cents for the month, a 6.4 percent reduction year over year.
· Improving consolidated passenger unit revenue to 11.44 cents, a 13.2 percent improvement compared to July 2005.

Delta Air Lines Reports June Traffic
ATLANTA, July 6, 2006 – Delta Air Lines today reported traffic results for June 20061,2. System traffic for June 2006 decreased 0.1 percent from June 2005 with a capacity decrease of 3.0 percent. Delta’s system load factor was 84.5 percent in June 2006, which represents the company’s highest system load factor achieved in any month and includes the highest daily load factor on record – 94.4 percent on June 30th. Domestic traffic in June 2006 decreased 10.0 percent year over year, and capacity decreased 13.5
percent. Domestic load factor in June 2006 was 84.1 percent, up 3.2 points from the same period a year ago. International traffic in June 2006 increased 30.6 percent year over year on a 31.3 percent increase in capacity. International load factor was 85.1 percent, down 0.4 points from June 2005.
During June 2006, Delta operated its schedule at a 98.4 percent completion rate compared to 97.7 percent in June 2005. Delta boarded 9.7 million passengers during the month of June 2006, a decrease of 10.3 percent from June 2005. Detailed traffic and capacity are attached. 
 

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