UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported): January 31, 2002
DELTA AIR LINES, INC.
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(Exact name of registrant as specified in its charter)
Delaware 1-5424 58-0218548
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(State or other jurisdiction (Commission File Number) (IRS Employer
of incorporation) Identification No.)
Hartsfield Atlanta International Airport, Atlanta, Georgia 30320
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(Address of principal executive offices)
Registrant's telephone number, including area code: (404) 715-2600
Not Applicable
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(Former name or former address, if changed since last report)
ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE
Financial Results for the Quarter and the Year ended December 31, 2001
Delta Air Lines, Inc. (Delta) will today issue a press release reporting
financial results for the quarter and the year ended December 31, 2001. The
press release is attached as Exhibit 99.1. Delta also will be providing
supplemental data for the quarter ended December 31, 2001 to certain analysts.
The supplemental data is attached as Exhibit 99.2.
Forward Looking Statements
Statements in this Form 8-K including exhibits, oral statements made during our
webcast conference call on January 31, 2002, and statements otherwise made by
Delta or on Delta's behalf which are not historical facts, including statements
about 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. Forward-looking statements
involve risks and uncertainties that could cause actual results to differ
materially from historical experience or our present expectations. Factors that
could cause these differences include, but are not limited to:
1. the many effects on Delta and the airline industry from the terrorist
attacks on the United States on September 11, 2001, including the
following:
a. the adverse impact of the terrorist attacks on the demand for
air travel;
b. the change in our operations and higher costs resulting from
new airline security directives, including the Aviation and
Transportation Security Act;
c. the availability and cost of war risk and other insurance for
Delta and for other critical participants in the air travel
industry, such as the companies providing security services at
airports;
d. the extent to which Delta receives additional financial
assistance under the Air Transportation Safety and System
Stabilization Act;
e. the credit downgrades of Delta and other airlines by Moody's
Investors Service and Standard & Poor's, and the possibility
of additional downgrades, to the extent it makes it more
difficult and/or more costly for us to obtain financing;
f. potential declines in the values of the aircraft in Delta's
fleet or Delta's facilities and related assets impairment
charges;
g. additional terrorist activity and/or war;
2. general economic conditions, both in the United States and in our
markets outside the United States, including the extent of the
weakening in the US economy and the related decline in business and
leisure travel;
3. competitive factors in our industry, such as mergers and acquisitions,
the airline pricing environment, international alliances, codesharing
programs, and capacity decisions by competitors;
4. outcomes of negotiations on collective bargaining agreements and other
labor issues, including a pending union representation election among
Delta's flight attendants and union organizing efforts among other
employee groups;
5. changes in the availability or cost of aircraft fuel or fuel hedges;
6. disruptions to operations due to adverse weather conditions and air
traffic control-related constraints;
7. fluctuations in foreign currency exchange rates;
8. actions by the United States or foreign governments, including the
Federal Aviation Administration and other regulatory agencies;
9. the willingness of customers to travel generally, and with us
specifically, which could be affected by factors such as our and the
industry's safety record, and;
10. the outcome of our litigation.
Caution should be taken not to place undue reliance on our forward-looking
statements, which represent our views only as of January 31, 2002, and which we
have no current intention to update.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) EXHIBITS
Exhibit 99.1 Press Release dated January 31, 2002 titled "Delta Reports Fourth
Quarter, Full Year 2001 Results"
Exhibit 99.2 Data sheet dated January 31, 2002 titled "Supplemental December
2001 Quarter Data"
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.
DELTA AIR LINES, INC.
BY: /s/ Edward H. Bastian
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Edward H. Bastian
Senior Vice President - Finance and
Controller
Date: January 31, 2002
EXHIBIT INDEX
Exhibit Number Description
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Exhibit 99.1 Press Release dated January 31, 2002 titled "Delta
Reports Fourth Quarter, Full Year 2001 Results"
Exhibit 99.2 Data sheet dated January 31, 2002 titled "Supplemental
December 2001 Quarter Data"