sv3asr
As filed with the Securities and
Exchange Commission on June 28, 2010
Registration
No. 333-
UNITED STATES SECURITIES AND
EXCHANGE COMMISSION
Washington, D.C.
20549
Form S-3
REGISTRATION
STATEMENT
UNDER
THE SECURITIES ACT OF
1933
DELTA AIR LINES, INC.
(Exact name of registrant as
specified in its charter)
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Delaware
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58-0218548
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(State or other jurisdiction
of
incorporation or organization)
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(I.R.S. Employer
Identification Number)
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Hartsfield-Jackson Atlanta International Airport
Atlanta, Georgia 30320-6001
(404) 715-2600
(Address, including zip code,
and telephone number,
including area code, of
registrants principal executive offices)
Richard B. Hirst
Senior Vice President General Counsel
Delta Air Lines, Inc.
1030 Delta Boulevard
Atlanta, Georgia 30354
(404) 715-2191
(Name, address, including zip
code, and telephone number,
including area code, of agent
for service)
Copy to:
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W. Benjamin Barkley
Kilpatrick Stockton LLP
1100 Peachtree Street, NE, Suite 2800
Atlanta, Georgia 30309
(404) 815-6500
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Matthew E. Kaplan
Debevoise & Plimpton LLP
919 Third Avenue
New York, NY 10022
(212) 909-6000
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Abigail Arms
Shearman & Sterling LLP
801 Pennsylvania Avenue, NW, Suite 900
Washington, D.C. 20004
(202) 508-8000
Ji Hoon Hong
Shearman & Sterling LLP
599 Lexington Avenue
New York, NY 10022
(212) 848-4000
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Approximate date of commencement of proposed sale to the
public: From time to time after this registration
statement becomes effective.
If the only securities being registered on this Form are being
offered pursuant to dividend or interest reinvestment plans,
please check the following
box: o
If any of the securities being registered on this Form are to be
offered on a delayed or continuous basis pursuant to
Rule 415 under the Securities Act of 1933, other than
securities offered only in connection with dividend or interest
reinvestment plans, check the following
box. þ
If this Form is filed to register additional securities for an
offering pursuant to Rule 462(b) under the Securities Act,
please check the following box and list the Securities Act
registration statement number of the earlier effective
registration statement for the same
offering. o
If this Form is a post-effective amendment filed pursuant to
Rule 462(c) under the Securities Act, check the following
box and list the Securities Act registration statement number of
the earlier effective registration statement for the same
offering. o
If this Form is a registration statement pursuant to General
Instruction I.D. or a post-effective amendment thereto that
shall become effective upon filing with the Commission pursuant
to Rule 462(e) under the Securities Act, check the
following
box. þ
If this Form is a post-effective amendment to a registration
statement filed pursuant to General Instruction I.D. filed
to register additional securities or additional classes of
securities pursuant to Rule 413(b) under the Securities
Act, check the following box.
o
Indicate by check mark whether the registrant is a large
accelerated filer, an accelerated filer, a non-accelerated
filer, or a smaller reporting company. See the definitions of
large accelerated filer, accelerated
filer and smaller reporting company in Rule
12b-2 of the
Exchange Act. (Check one):
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Large
accelerated
filer þ
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Accelerated
filer o
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Non-accelerated
filer o
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Smaller reporting
company o
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(Do not check if a smaller
reporting company)
CALCULATION
OF REGISTRATION FEE
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Proposed Maximum
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Proposed Maximum
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Amount of
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Title of Each Class of
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Amount to be
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Offering Price
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Aggregate
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Registration
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Securities to be Registered
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Registered
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per Unit
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Offering Price
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Fee
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Pass Through Certificates
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(1)
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(1)
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(1)
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$0 (1)
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(1) |
An unspecified aggregate initial offering price of pass through
certificates is being registered as may from time to time be
offered hereunder and sold at unspecified prices. In accordance
with Rules 456(b) and 457(r) under the Securities Act of
1933, as amended, Delta Air Lines, Inc. is deferring payment of
all of the registration fee.
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PROSPECTUS
Delta Air Lines, Inc.
Pass Through
Certificates
This prospectus relates to pass through trusts to be formed by
Delta Air Lines, Inc. with a national or state bank or trust
company, as trustee, which may offer for sale, from time to
time, pass through certificates of one or more classes or series
under this prospectus and one or more related prospectus
supplements. The property of a trust will include equipment
notes issued by:
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Delta to finance or refinance all or a portion of the purchase
price of an aircraft or other aircraft related assets owned or
to be purchased by Delta; or
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one or more owner trustees to finance or refinance a portion of
the purchase price of an aircraft or other aircraft related
assets that have been or will be leased to Delta.
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The interest rate, final maturity date and ranking or priority
of payment of any equipment notes will be described in the
applicable prospectus supplement.
The trustee will hold all property owned by a trust for the
benefit of holders of pass through certificates issued by that
trust. Each pass through certificate issued by a trust will
represent a beneficial interest in all property held by that
trust. The pass through certificates will not represent
interests in, or obligations of, Delta or any of our affiliates.
Equipment notes issued by any owner trustee will be without
recourse to Delta.
We will describe the specific terms of any offering of these
securities and any credit enhancements therefor in a prospectus
supplement to this prospectus. You should read this prospectus
and the applicable prospectus supplement carefully before you
invest.
This prospectus may not be used to consummate sales of these
securities unless accompanied by a prospectus supplement.
We may offer and sell the pass through certificates directly,
through agents we select from time to time, to or through
underwriters, dealers or other third parties we select, or by
means of other methods described in a prospectus supplement. If
we use any agents, underwriters or dealers to sell the pass
through certificates, we will name them and describe their
compensation in a prospectus supplement.
Neither the Securities and Exchange Commission nor any state
securities commission has approved or disapproved of these
securities or determined if this prospectus is truthful or
complete. Any representation to the contrary is a criminal
offense.
The date of this prospectus is June 28, 2010
You should rely only on the information contained in this
prospectus, any prospectus supplement, any related free writing
prospectus issued by us (which we refer to as a company
free writing prospectus) and the documents
incorporated by reference in this prospectus or to which we have
referred you. We have not authorized anyone to provide you with
different information. If anyone provides you with different or
inconsistent information, you should not rely on it. This
prospectus, any prospectus supplement and any related company
free writing prospectus do not constitute an offer to sell, or a
solicitation of an offer to purchase, the securities offered by
this prospectus, any prospectus supplement and any related
company free writing prospectus in any jurisdiction to or from
any person to whom or from whom it is unlawful to make such
offer or solicitation of an offer in such jurisdiction. You
should not assume that the information contained in this
prospectus, any prospectus supplement and any related company
free writing prospectus or any document incorporated by
reference is accurate as of any date other than the date on the
front cover of the applicable document. Neither the delivery of
this prospectus, any prospectus supplement and any related
company free writing prospectus nor any distribution of
securities pursuant to this prospectus shall, under any
circumstances, create any implication that there has been no
change in our business, financial condition, results of
operations or prospects since the date of this prospectus or
such prospectus supplement.
TABLE OF
CONTENTS
ABOUT
THIS PROSPECTUS
This prospectus is part of a registration statement on
Form S-3
that we filed with the Securities and Exchange Commission (the
SEC) utilizing a shelf
registration process. Under this shelf registration process, we
are registering an unspecified amount of pass through
certificates, and we may sell the pass through certificates in
one or more offerings. Each time we offer pass through
certificates, we will provide a prospectus supplement that will
contain specific information about the terms of that offering.
The prospectus supplement may also add, update or change
information contained in this prospectus. If there is any
inconsistency between the information in this prospectus and any
applicable prospectus supplement, you should rely on the
information in the applicable prospectus supplement. You should
carefully read both this prospectus and any applicable
prospectus supplement, together with the additional information
described under the heading Where You Can Find More
Information.
The registration statement containing this prospectus, including
the exhibits to the registration statement, provides additional
information about us and the securities to be offered. The
registration statement, including the exhibits to the
registration statement, can be obtained from the SEC, as
described below under Where You Can Find More
Information.
In this prospectus, references to Delta, the
Company, we, us and
our refer to Delta Air Lines, Inc. and our
wholly-owned subsidiaries. With respect to information as of
dates prior to October 30, 2008, these references do not
include our wholly-owned subsidiary, Northwest Airlines, LLC,
formerly known as Northwest Airlines Corporation
(Northwest), and its wholly-owned
subsidiaries.
FORWARD-LOOKING
STATEMENTS
Statements in this prospectus, any prospectus supplement, any
related company free writing prospectus and the documents
incorporated by reference herein and therein (or otherwise made
by us or on our behalf) that are not historical facts, including
statements regarding our estimates, expectations, beliefs,
intentions, projections or strategies for the future may be
forward-looking statements as defined in the Private
Securities Litigation Reform Act of 1995. When used in this
prospectus, any prospectus supplement, any related company free
writing prospectus and the documents incorporated herein and
therein by reference, the words expects,
believes, plans,
anticipates, and similar expressions are intended to
identify forward-looking statements. All forward-looking
statements involve a number of risks and uncertainties that
could cause actual results to differ materially from the
estimates, expectations, beliefs, intentions, projections and
strategies reflected in or suggested by the forward-looking
statements. These risks and uncertainties include, but are not
limited, to the risk factors discussed under the heading
Risk Factors in the applicable prospectus
supplement. All forward-looking statements speak only as of the
date made, and we undertake no obligation to publicly update or
revise any forward-looking statements to reflect events or
circumstances that may arise after the date of this prospectus.
WHERE YOU
CAN FIND MORE INFORMATION
We file annual, quarterly and current reports, proxy statements
and other information with the SEC. You may read and copy this
information at the SECs public reference room at
100 F Street, N.E., Washington, D.C. 20549.
Please call the SEC at
1-800-SEC-0330
for further information on the public reference room. Our SEC
filings are also available to the public from the SECs
website at
http://www.sec.gov
and at our website at
http://www.delta.com.
The contents of our website are not incorporated into this
prospectus.
This prospectus is part of a registration statement that we have
filed with the SEC relating to the securities to be offered.
This prospectus does not contain all of the information we have
included in the registration statement and the accompanying
exhibits and schedules in accordance with the rules and
regulations of the SEC, and we refer you to the omitted
information. The statements this prospectus makes pertaining to
the content of any contract, agreement or other document that is
an exhibit to the registration statement necessarily are
summaries of their material provisions and do not describe all
exceptions and qualifications contained in those contracts,
agreements or documents. You should read those contracts,
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agreements or documents for information that may be important to
you. The registration statement, exhibits and schedules are
available at the SECs public reference room or through its
Internet site.
We incorporate by reference in this prospectus
certain documents that we file with the SEC, which means:
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we can disclose important information to you by referring you to
those documents;
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information incorporated by reference is considered to be part
of this prospectus, even though it is not repeated in this
prospectus; and
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information that we file later with the SEC will automatically
update and supersede this prospectus.
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The following documents listed below that we have previously
filed with the SEC (Commission File Number
001-05424)
are incorporated by reference (other than reports or portions
thereof furnished under Items 2.02 or 7.01 of
Form 8-K):
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Annual Report on
Form 10-K
for the fiscal year ended December 31, 2009;
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Quarterly Report on
Form 10-Q
for the quarterly period ended March 31, 2010; and
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Current Reports on
Form 8-K
filed on February 9, 2010 and June 11, 2010.
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All documents filed by us under Section 13(a), 13(c), 14 or
15(d) of the Securities Exchange Act of 1934, as amended (the
Exchange Act) (other than reports or portions
thereof furnished under Items 2.02 or 7.01 of
Form 8-K)
from the date of this prospectus and prior to the termination of
this offering shall also be deemed to be incorporated by
reference in this prospectus.
Any party to whom this prospectus is delivered may request a
copy of these filings (other than any exhibits unless
specifically incorporated by reference into this prospectus), at
no cost, by writing or telephoning Delta at Delta Air Lines,
Inc., Investor Relations, Dept. No. 829,
P.O. Box 20706, Atlanta, GA 30320, telephone no.
(404) 715-2600.
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THE
COMPANY
We provide scheduled air transportation for passengers and cargo
throughout the United States and around the world. In October
2008, a subsidiary of ours merged with and into Northwest
Airlines Corporation. Northwest and its subsidiaries, including
Northwest Airlines, Inc. (NWA), became our
wholly-owned subsidiaries. On December 31, 2009, NWA merged
with and into Delta, ending NWAs existence as a separate
entity. We anticipate that we will complete the integration of
NWAs operation into Delta during 2010.
Our global route network gives us a presence in every major
domestic and international market. Our route network is centered
around the hub system we operate at airports in Atlanta,
Cincinnati, Detroit, Memphis, Minneapolis/St. Paul, New
York-JFK, Salt Lake City, Paris-Charles de Gaulle, Amsterdam and
Tokyo-Narita. Each of these hub operations includes flights that
gather and distribute traffic from markets in the geographic
region surrounding the hub to domestic and international cities
and to other hubs. Our network is supported by a fleet of
aircraft that is varied in terms of size and capabilities,
giving us flexibility to adjust aircraft to the network.
Other key characteristics of our route network include:
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our alliances with foreign airlines, including our membership in
SkyTeam, a global airline alliance;
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our transatlantic joint venture with Air France KLM;
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our domestic alliances, including our marketing alliance with
Alaska Airlines and Horizon Air, which we are enhancing to
expand our west coast service; and
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agreements with multiple domestic regional carriers, which
operate as Delta Connection, including our wholly-owned
subsidiaries, Comair, Inc., Compass Airlines, Inc. and Mesaba
Aviation, Inc.
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We are a Delaware corporation headquartered in Atlanta, Georgia.
Our principal executive offices are located at
Hartsfield-Jackson Atlanta International Airport, Atlanta,
Georgia
30320-6001
and our telephone number is
(404) 715-2600.
Our website is www.delta.com. We have provided this website
address as an inactive textual reference only and the
information contained on our website is not a part of this
prospectus.
RATIO OF
EARNINGS TO FIXED CHARGES
The ratio of earnings (loss) to fixed charges represents the
number of times that fixed charges are covered by earnings.
Earnings (loss) represents income (loss) before income taxes,
plus fixed charges, less capitalized interest. Fixed charges
include interest, whether expensed or capitalized, amortization
of debt costs, the portion of rent expense representative of the
interest factor and preferred stock dividends. For the three
months ended March 31, 2010 and 2009 and years ended
December 31, 2009, 2008, 2006 and 2005, earnings were not
sufficient to cover fixed charges by $248 million,
$800 million, $1.6 billion, $9.1 billion,
$7.0 billion and $3.9 billion, respectively.
References to Successor refer to Delta on or after
May 1, 2007, after giving effect to (1) the
cancellation of Delta common stock issued prior to the effective
date of Deltas emergence from bankruptcy on April 30,
2007; (2) the issuance of new Delta common stock and
certain debt securities in accordance with Deltas Joint
Plan of reorganization; and (3) the application of fresh
start reporting. References to Predecessor refer to
Delta prior to May 1, 2007.
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Successor
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Predecessor
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Three Months
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Eight Months
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Four Months
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Ended
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Year Ended
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Ended
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Ended
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Year Ended
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March 31,
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December 31,
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December 31,
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April 30,
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December 31,
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2010
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2009
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2009
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2008
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2007
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2007
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2006
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2005
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Ratio of earnings (loss) to fixed charges
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0.30
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(1.26
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(0.13
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(10.26
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2.20
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5.53
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(6.19
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(2.04
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USE OF
PROCEEDS
Except as set forth in an applicable prospectus supplement, the
trustee for each trust will use the proceeds from the sale of
the pass through certificates issued by such trust to purchase
one or more equipment notes.
DESCRIPTION
OF THE PASS THROUGH CERTIFICATES
We have entered into a pass through trust agreement (the
basic agreement) with U.S. Bank
Trust National Association (as successor to State Street
Bank and Trust Company of Connecticut, National
Association), as trustee (the trustee). Each series
of pass through certificates will be issued by a separate trust.
Except as set forth in an applicable prospectus supplement, each
separate trust will be formed pursuant to the basic agreement
and a specific supplement to the basic agreement between Delta
and the trustee.
Except as set forth in an applicable prospectus supplement, the
equipment notes are or will be issued by:
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Delta to finance or refinance all or a portion of the purchase
price of aircraft owned or to be purchased by Delta (owned
aircraft notes); or
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one or more owner trustees on a non-recourse basis to finance or
refinance a portion of the purchase price of aircraft that have
been or will be leased to Delta (leased aircraft
notes).
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Any trust may hold owned aircraft notes and leased aircraft
notes simultaneously. The owned aircraft notes will be secured
by certain aircraft owned or to be owned by Delta, and the
leased aircraft notes will be secured by certain aircraft leased
or to be leased to Delta.
In addition, to the extent set forth in an applicable prospectus
supplement, each trust may hold (exclusively, or in combination
with owned aircraft notes, leased aircraft notes or both)
equipment notes secured by aircraft engines, spare parts,
appliances or other aircraft related equipment or personal
property owned or to be owned by, or leased or to be leased to,
Delta. Such equipment notes, and the property securing them,
will be subject to the considerations, terms, conditions, and
other provisions described in the applicable prospectus
supplement. Also, to the extent set forth in the applicable
prospectus supplement, a trust may hold (exclusively, or in
combination with equipment notes) pass through certificates or
beneficial interests in such certificates previously issued by a
trust that holds equipment notes or other kinds of securities.
The pass through certificates will not represent interests in,
or obligations of, Delta or any of our affiliates.
For each leased aircraft, the owner trustee will issue the
related equipment notes, as nonrecourse obligations,
authenticated by a bank or trust company, as indenture trustee
under either a separate supplement to an existing trust
indenture and security agreement between the owner trustee and
the indenture trustee or a separate trust indenture and security
agreement. The owner trustee will also obtain a portion of the
funding for the leased aircraft from an equity investment of one
or more owner participants. A leased aircraft may also be
subject to other financing arrangements that will be described
in the applicable prospectus supplement. In connection with the
refinancing of a leased aircraft, the owner trustee may
refinance the existing equipment notes, which will be described
in the applicable prospectus supplement.
We will issue the equipment notes relating to aircraft owned by
us under either a separate supplement to an existing trust
indenture and mortgage or a separate trust indenture and
mortgage. An aircraft owned by us may also be subject to other
financing arrangements that will be described in the applicable
prospectus supplement.
A trust may hold owned aircraft notes or leased aircraft notes
that are subordinated in right of payment to other equipment
notes or other debt related to the same owned or leased
aircraft. In addition, the trustees on behalf of one or more
trusts may enter into an intercreditor or subordination
agreement establishing priorities among series of pass through
certificates. Also, a liquidity facility, surety bond, letter of
credit, financial guarantee, interest rate or other swap or
other arrangement may support one or more payments on the
equipment notes or pass through certificates of one or more
series. In addition, the trustee may enter into servicing,
remarketing, appraisal, put or other agreements relating to the
collateral securing the equipment
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notes. We will describe any such credit enhancements or other
arrangements or agreements in the applicable prospectus
supplement.
If the pass through trustee does not use the proceeds of any
offering of pass through certificates to purchase equipment
notes on the date of issuance of the pass through certificates,
it will hold the proceeds for the benefit of the holders of the
related pass through certificates under arrangements that we
will describe in the applicable prospectus supplement. If the
pass through trustee does not subsequently use any portion of
the proceeds to purchase equipment notes by the date specified
in the applicable prospectus supplement, it will return that
portion of the proceeds to the holders of the related pass
through certificates. In these circumstances, the prospectus
supplement will describe how the proceeds of the pass through
certificates will be held or applied, including any depositary
or escrow arrangements.
VALIDITY
OF PASS THROUGH CERTIFICATES
Unless we tell you otherwise in the applicable prospectus
supplement, the validity of the pass through certificates will
be passed upon for Delta by Debevoise & Plimpton LLP,
919 Third Avenue, New York, New York 10022 and for any
agents, underwriters or dealers by Shearman & Sterling
LLP, 599 Lexington Avenue, New York, New York 10022. Unless we
tell you otherwise in the applicable prospectus supplement,
Debevoise & Plimpton LLP and Shearman &
Sterling LLP will rely on the opinions of Shipman &
Goodwin LLP, Hartford, Connecticut, counsel for the trustee, as
to certain matters relating to the authorization, execution and
delivery of such pass through certificates by such trustee and
on the opinion of the General Counsel or Deputy General Counsel
of Delta as to certain matters relating to the authorization,
execution and delivery of the pass through trust agreement by
Delta. Shearman & Sterling LLP from time to time may
represent Delta with respect to certain matters.
EXPERTS
Ernst & Young LLP, independent registered public
accounting firm, has audited our consolidated financial
statements included in the Delta Air Lines, Inc. Annual Report
on
Form 10-K
for the year ended December 31, 2009 and the effectiveness
of our internal control over financial reporting as of
December 31, 2009, as set forth in their reports, which are
incorporated by reference in this prospectus. Our consolidated
financial statements are incorporated by reference in reliance
on Ernst & Young LLPs reports, given on their
authority as experts in accounting and auditing.
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PART II
INFORMATION
NOT REQUIRED IN PROSPECTUS
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ITEM 14.
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OTHER
EXPENSES OF ISSUANCE AND DISTRIBUTION
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The following table sets forth the costs and expenses, other
than selling or underwriting discounts and commissions, payable
by the Registrant in connection with the sale of the securities
being registered hereby. All amounts are estimates.
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Amount to be
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Paid
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Registration fee
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$
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*
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Printing fees
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**
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Legal fees and expenses (including Blue Sky fees)
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**
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Accounting fees and expenses
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**
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Trustees fees and expenses
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**
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Fees of rating agencies
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**
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Miscellaneous
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**
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TOTAL
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$
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**
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* |
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The registrant is relying on Rule 456(b) and
Rule 457(r) under the Securities Act to defer payment of
all of the registration fee. |
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These fees are calculated based, in part, on the number of
issuances and amount of securities offered and accordingly
cannot be estimated at this time. |
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ITEM 15.
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INDEMNIFICATION
OF DIRECTORS AND OFFICERS
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Section 145 of the Delaware General Corporation Law
provides that a corporation may indemnify directors and officers
as well as other employees and individuals against expenses
(including attorneys fees), judgments, fines and amounts
paid in settlement actually and reasonably incurred by such
person in connection with any threatened, pending or completed
actions, suits or proceedings in which such person is made a
party by reason of such person being or having been a director,
officer, employee or agent to the Registrant. The Delaware
General Corporation Law provides that Section 145 is not
exclusive of other rights to which those seeking indemnification
may be entitled under any bylaw, agreement, vote of shareowners
or disinterested directors or otherwise. The Registrants
Certificate of Incorporation provides for indemnification by the
Registrant of its directors, officers and employees to the
fullest extent permitted by the Delaware General Corporation Law.
Section 102(b)(7) of the Delaware General Corporation Law
permits a corporation to provide in its certificate of
incorporation that a director of the corporation shall not be
personally liable to the corporation or its shareowners for
monetary damages for breach of fiduciary duty as a director,
except for liability (i) for any breach of the
directors duty of loyalty to the corporation or its
shareowners, (ii) for acts or omissions not in good faith
or which involve intentional misconduct or a knowing violation
of law, (iii) for unlawful payments of dividends or
unlawful stock repurchases, redemptions or other distributions,
or (iv) for any transaction from which the director derived
an improper personal benefit. The Registrants Certificate
of Incorporation provides for such limitation of liability.
The Registrant maintains standard policies of insurance under
which coverage is provided (a) to its directors and
officers against loss rising from claims made by reason of
breach of duty or other wrongful act, and (b) to the
Registrant with respect to payments which may be made by the
Registrant to such officers and directors pursuant to the above
indemnification provision or otherwise as a matter of law.
II-1
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ITEM 16.
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EXHIBITS AND
FINANCIAL STATEMENT SCHEDULES
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A list of exhibits filed herewith is contained on the
Exhibit Index and is incorporated herein by reference.
(a) The undersigned registrant hereby undertakes:
(1) To file, during any period in which offers or sales are
being made, a post-effective amendment to this registration
statement:
(i) to include any prospectus required by
section 10(a)(3) of the Securities Act;
(ii) to reflect in the prospectus any facts or events
arising after the effective date of this registration statement
(or the most recent post-effective amendment thereof) which,
individually or in the aggregate, represent a fundamental change
in the information set forth in this registration statement.
Notwithstanding the foregoing, any increase or decrease in
volume of securities offered (if the total dollar value of
securities offered would not exceed that which was registered)
and any deviation from the low or high end of the estimated
maximum offering range may be reflected in the form of
prospectus filed with the SEC pursuant to Rule 424(b) if, in the
aggregate, the changes in volume and price represent no more
than 20% change in the maximum aggregate offering price set
forth in the Calculation of Registration Fee table
in the effective registration statement;
(iii) to include any material information with respect to
the plan of distribution not previously disclosed in this
registration statement or any material change to such
information in this registration statement;
provided, however, that paragraphs (a)(1)(i),
(a)(1)(ii) and (a)(1)(iii) above do not apply if the information
required to be included in a post-effective amendment by those
paragraphs is contained in periodic reports filed with or
furnished to the SEC by the registrant pursuant to
section 13 or section 15(d) of the Exchange Act that
are incorporated by reference in this registration statement, or
is contained in a form of prospectus filed pursuant to
Rule 424(b) that is part of the registration statement.
(2) That, for the purpose of determining any liability
under the Securities Act, each such post-effective amendment
shall be deemed to be a new registration statement relating to
the securities offered therein, and the offering of such
securities at that time shall be deemed to be the initial bona
fide offering thereof.
(3) To remove from registration by means of a
post-effective amendment any of the securities being registered
which remain unsold at the termination of the offering.
(4) That, for the purpose of determining liability under
the Securities Act to any purchaser:
(i) Each prospectus filed by the registrant pursuant to
Rule 424(b)(3) shall be deemed to be part of the
registration statement as of the date the filed prospectus was
deemed part of and included in the registration
statement; and
(ii) Each prospectus required to be filed pursuant to
Rule 424(b)(2), (b)(5), or (b)(7) as part of a registration
statement in reliance on Rule 430B relating to an offering
made pursuant to Rule 415(a)(1)(i), (vii), or (x) for
the purpose of providing the information required by
section 10(a) of the Securities Act shall be deemed to be
part of and included in the registration statement as of the
earlier of the date such form of prospectus is first used after
effectiveness or the date of the first contract of sale of
securities in the offering described in the prospectus. As
provided in Rule 430B, for liability purposes of the issuer
and any person that is at that date an underwriter, such date
shall be deemed to be a new effective date of the registration
statement relating to the securities in the registration
statement to which that prospectus relates, and the offering of
such securities at that time shall be deemed to be the initial
bona fide offering thereof. Provided, however, that no statement
made in a registration statement or prospectus that is part of
the registration statement or made in a
II-2
document incorporated or deemed incorporated by reference into
the registration statement or prospectus that is part of the
registration statement will, as to a purchaser with a time of
contract of sale prior to such effective date, supersede or
modify any statement that was made in the registration statement
or prospectus that was part of the registration statement or
made in any such document immediately prior to such effective
date.
(5) That, for the purpose of determining liability of the
registrant under the Securities Act to any purchaser in the
initial distribution of the securities, the undersigned
registrant undertakes that in a primary offering of securities
of the undersigned registrant pursuant to this registration
statement, regardless of the underwriting method used to sell
the securities to the purchaser, if the securities are offered
or sold to such purchaser by means of any of the following
communications, the undersigned registrant will be a seller to
the purchaser and will be considered to offer or sell such
securities to such purchaser:
(i) Any preliminary prospectus or prospectus of the
undersigned registrant relating to the offering required to be
filed pursuant to Rule 424;
(ii) Any free writing prospectus relating to the offering
prepared by or on behalf of the undersigned registrant or used
or referred to by the undersigned registrant;
(iii) The portion of any other free writing prospectus
relating to the offering containing material information about
the undersigned registrant or its securities provided by or on
behalf of the undersigned registrant; and
(iv) Any other communication that is an offer in the
offering made by the undersigned registrant to the purchaser.
(b) The undersigned registrant hereby undertakes that, for
purposes of determining any liability under the Securities Act,
each filing of the registrants annual reports pursuant to
section 13(a) or section 15(d) of the Exchange Act
(and, where applicable, each filing of an employee benefit
plans annual report pursuant to section 15(d) of the
Exchange Act) that is incorporated by reference in this
registration statement shall be deemed to be a new registration
statement relating to the securities offered herein, and the
offering of such securities at that time shall be deemed to be
the initial bona fide offering thereof.
(c) Insofar as indemnification for liabilities arising
under the Securities Act may be permitted to directors, officers
and controlling persons of the registrant pursuant to the
foregoing provisions, or otherwise, the registrant has been
advised that in the opinion of the SEC such indemnification is
against public policy as expressed in the Securities Act and is,
therefore, unenforceable. In the event that a claim for
indemnification against such liabilities (other than the payment
by the registrant of expenses incurred or paid by a director,
officer or controlling person of the registrant in the
successful defense of any action, suit or proceeding) is
asserted by such director, officer or controlling person in
connection with the securities being registered, the registrant
will, unless in the opinion of its counsel the matter has been
settled by controlling precedent, submit to a court of
appropriate jurisdiction the question whether such
indemnification by it is against public policy as expressed in
the Securities Act and will be governed by the final
adjudication of such issue.
II-3
SIGNATURES
Pursuant to the requirements of the Securities Act of 1933, as
amended, the Registrant has duly caused this Registration
Statement to be signed on its behalf by the undersigned,
thereunto duly authorized, in the City of Atlanta, State of
Georgia, on June 28, 2010.
DELTA AIR LINES, INC.
Name: Hank Halter
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Title:
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Senior Vice President and
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Chief Financial Officer
SIGNATURES
AND POWER OF ATTORNEY
We, the undersigned officers and directors of Delta Air Lines,
Inc., hereby severally constitute and appoint Richard H.
Anderson and Hank Halter our true and lawful attorneys with full
power to sign for us and in our names in the capacities
indicated below and any amendment to the registration statement
on
Form S-3
filed herewith, including any post-effective amendments to said
registration statement and any registration statement for the
same offering covered by this registration statement that is to
be effective upon filing pursuant to Rule 462(b) under the
Securities Act, and generally to do all such things in our name
and behalf in our capacities as officers and directors to enable
Delta Air Lines, Inc. to comply with the provisions of the
Securities Act of 1933, as amended, and all requirements of the
Securities and Exchange Commission, hereby ratifying and
confirming our signatures as they may be signed by our said
attorney to said registration statement and any and all
amendments thereto.
Pursuant to the requirements of the Securities Act of 1933, this
Registration Statement has been signed by the following persons
in the capacities indicated and on June 28, 2010.
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Signature
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Title
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/s/ Richard
H. Anderson
Richard
H. Anderson
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Chief Executive Officer and Director
(Principal Executive Officer)
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/s/ Hank
Halter
Hank
Halter
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Senior Vice President and Chief Financial Officer
(Principal Financial Officer and Principal Accounting Officer)
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/s/ Edward
H. Bastian
Edward
H. Bastian
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Director
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/s/ Roy
J. Bostock
Roy
J. Bostock
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Director
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/s/ John
S. Brinzo
John
S. Brinzo
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Director
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/s/ Daniel
A. Carp
Daniel
A. Carp
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Chairman of the Board
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II-4
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Signature
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Title
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/s/ John
M. Engler
John
M. Engler
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Director
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/s/ Mickey
P. Foret
Mickey
P. Foret
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Director
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/s/ David
R. Goode
David
R. Goode
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Director
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/s/ Paula
Rosput Reynolds
Paula
Rosput Reynolds
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Director
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/s/ Kenneth
C. Rogers
Kenneth
C. Rogers
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Director
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/s/ Rodney
E. Slater
Rodney
E. Slater
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Director
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/s/ Douglas
M. Steenland
Douglas
M. Steenland
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Director
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/s/ Kenneth
B. Woodrow
Kenneth
B. Woodrow
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Director
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II-5
EXHIBIT INDEX
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Exhibit
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No.
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Document
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1
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.1
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Underwriting Agreement to be entered into between Delta Air
Lines, Inc. and the Underwriters named therein*
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4
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.1
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Pass Through Trust Agreement, dated as of November 16,
2000, between Delta Air Lines, Inc. and U.S. Bank National
Association (as successor to State Street Bank and
Trust Company Connecticut, National Association) (Filed as
Exhibit 4.1 to Deltas
Form S-4
as filed July 11, 2003)
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4
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.2
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Form of Pass Through Trust Certificate*
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5
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.1
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Opinion of Debevoise & Plimpton LLP, special counsel
to Delta Air Lines, Inc.
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5
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.2
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Opinion of Shipman & Goodwin LLP, Hartford,
Connecticut, special counsel to U.S. Bank Trust National
Association
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5
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.3
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Opinion of Leslie P. Klemperer, Esq. Vice
President Deputy General Counsel of Delta Air Lines,
Inc.
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12
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.1
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Statement Regarding Computation of Ratio of Earnings to Fixed
Charges
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15
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.1
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Letter from Ernst & Young LLP regarding unaudited
interim financial statements of Delta Air Lines, Inc.
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23
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.1
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Consent of Ernst & Young LLP
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23
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.2
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Consent of Debevoise & Plimpton LLP, special counsel
to Delta Air Lines, Inc. (included in Exhibit 5.1)
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23
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.3
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Consent of Shipman & Goodwin LLP, Hartford,
Connecticut, special counsel to U.S. Bank Trust National
Association (included in Exhibit 5.2)
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23
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.4
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Consent of Leslie P. Klemperer, Esq. Vice
President Deputy General Counsel of Delta Air Lines,
Inc. (included in Exhibit 5.3)
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24
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.1
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Powers of Attorney (included on the signature page of the
Registration Statement)
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25
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.1
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Statement of Eligibility on
Form T-1
of U.S. Bank Trust National Association, as Pass Through
Trustee under the Pass Through Trust Agreement
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* |
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To be filed by amendment or as an exhibit to a report on
Form 8-K
pursuant to Item 601 of
Regulation S-K. |