DELTA AIR LINES ISSUES 21 MILLION SHARES TO ELIGIBLE CLAIMHOLDERS

Delta Air Lines (NYSE: DAL) today announced it began distribution of approximately 21 million shares of Delta common stock to holders of allowed general unsecured claims against the company and certain of its subsidiaries, as outlined in the Plan of Reorganization. Delta and its subsidiaries emerged from Chapter 11 protection on April 30, 2007 under the Plan of Reorganization. Following its emergence from Chapter 11, Delta distributed approximately 247 million shares of Delta common stock according to the company’s Plan of Reorganization. This initial distribution included approximately 230

million shares issued to Delta creditors and approximately 3 million shares to Comair creditors. Delta non-management non-contract employees also received approximately 14 million shares pursuant to the Plan.

The current distribution of Delta common stock, for claims settled after the initial distribution, includes approximately 18 million shares for delivery to Delta unsecured creditors and approximately 3 million shares for delivery to Comair unsecured creditors. Once the current distribution is completed, Delta will have distributed approximately 268 million shares to holders of allowed and deemed general unsecured claims and non-management non-contract employees. Under the Plan, Delta will make a total distribution of 400 million shares.

With this distribution, holders of allowed general unsecured claims will have received common shares of the company to partially satisfy claims valued at approximately $11.4 billion. The company currently estimates its total unsecured claim exposure, including those that have been partially satisfied, to be approximately $15 billion (with approximately $13.95 billion in estimated Delta unsecured claims exposure and approximately $1.05 billion in estimated Comair unsecured claims exposure). The company currently holds approximately 132 million shares of Delta common stock in reserve to satisfy the remaining disputed unsecured claims (with approximately 111 million shares held in reserve for Delta disputed unsecured claims and approximately 21 million shares held in reserve for Comair disputed unsecured claims).

Distributions of additional Delta common stock will take place on periodically as remaining claims disputes are resolved. To the extent that disputed claims become disallowed claims, shares of Delta common stock reserved for holders of those claims eventually will be distributed pro rata to holders of allowed general unsecured claims.