0000950144-01-506949.txt : 20011008 0000950144-01-506949.hdr.sgml : 20011008 ACCESSION NUMBER: 0000950144-01-506949 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20010917 ITEM INFORMATION: Other events ITEM INFORMATION: Financial statements and exhibits FILED AS OF DATE: 20010917 FILER: COMPANY DATA: COMPANY CONFORMED NAME: DELTA AIR LINES INC /DE/ CENTRAL INDEX KEY: 0000027904 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, SCHEDULED [4512] IRS NUMBER: 580218548 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-05424 FILM NUMBER: 1738786 BUSINESS ADDRESS: STREET 1: HARTSFIELD ATLANTA INTL AIRPORT STREET 2: 1030 DELTA BLVD CITY: ATLANTA STATE: GA ZIP: 30320-6001 BUSINESS PHONE: 4047152600 MAIL ADDRESS: STREET 1: 1030 DELTA BLVD STREET 2: DEPT 971 CITY: ATLANTA STATE: GA ZIP: 30320-6001 FORMER COMPANY: FORMER CONFORMED NAME: DELTA AIR CORP DATE OF NAME CHANGE: 19660908 8-K 1 g71748e8-k.txt DELTA AIR LINES, INC. 1 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): September 17, 2001 DELTA AIR LINES, INC. ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter)
Delaware 1-5424 58-0218548 ------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.)
Hartsfield Atlanta International Airport, Atlanta, Georgia 30320 ---------------------------------------------------------------- (Address of principal executive offices) Registrant's telephone number, including area code: (404) 715-2600 -------------- Not Applicable -------------- (Former name or former address, if changed since last report) 2 ITEM 5. OTHER EVENTS AND REGULATION FD DISCLOSURE On September 17, 2001, Delta Air Lines, Inc. issued the press release attached hereto as Exhibit 99.1. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS (c) Exhibits. The Exhibit Index on page 4 is hereby incorporated by reference. 2 of 4 3 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 ------------------------------------------- Edward H. Bastian Senior Vice President - Finance and Controller Date: September 17, 2001 3 of 4 4 EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION ----------- ----------- 99.1 Press release issued by Delta Air Lines, Inc. on September 17, 2001.
4 of 4 EX-99.1 3 g71748ex99-1.txt PRESS RELEASE 1 EXHIBIT 99.1 ATLANTA, Sept. 17, 2001 - Delta Air Lines said today, in connection with the anticipated closing of its Enhanced Equipment Trust Certificates (EETC) financing in the amount of $1.25 billion, that it notes the announcement by Continental Airlines of an anticipated delayed payment on certain of Continental's EETC debt, and stated: 1. Delta has no material financial obligations coming due prior to December 2001. 2. Delta has no intention of delaying payment on any financial obligation. 3. Delta has a cash balance of $1.3 billion prior to the anticipated closing of the EETC. The closing of the EETC will increase the company's cash balance to $2.55 billion. 4. After the closing of the EETC financing, Delta estimates it has approximately $8.9 billion in unencumbered aircraft, of which more than $5 billion are Section 1110 eligible. These assets would be potentially available for sale and leaseback transactions and, subject to certain lender waiver requirements, for secured debt transactions. 5. On Sunday, Delta continued to restore its scheduled operations. For the day, Delta completed 82% of is normal daily schedule, operating 2,093 flights and carrying more than 140,000 customers. More than 70% of its flights operated on-time within 15 minutes. FORWARD-LOOKING INFORMATION Statements in this press release that are not purely historical facts, including statements about our estimates, expectations, beliefs, intentions 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 the effects of the attacks on the United States by terrorists on September 11, 2001. The effects of these tragic events could include a decreased demand for air travel due to fears regarding additional acts of terrorism; an increase in the price of jet fuel because of concerns regarding the possibility of hostilities in the Middle East; increased costs and reduced operations by airlines due to new security directives adopted by the Federal Aviation Administration; and the condition of the financial markets. These effects, depending on their scope and duration - which we cannot predict at this time - could have a material adverse impact on Delta's financial condition or results of operations. Caution should be taken not to place undue reliance on our forward-looking statements, which are current only as of the date of this press release. More detailed information about other risks and uncertainties can be read in Delta's past and future Forms 10-K and 10-Q and certain Forms 8-K filed with the Securities and Exchange Commission.