EXHIBIT 99.1

FOR IMMEDIATE DISTRIBUTION

CONTACT:           Corporate Communications           Investor Relations
                   404-715-2554                       404-715-6679

                 DELTA AIR LINES CLOSES SALE OF $300 MILLION OF
                            CONVERTIBLE SENIOR NOTES

         ATLANTA, JUNE 2, 2003 - DELTA AIR LINES (NYSE:DAL) today announced
that it has completed a private placement of $300 million aggregate principal
amount of 8% Convertible Senior Notes due 2023, issued to qualified
institutional buyers pursuant to Rule 144A, and to non-U.S. persons pursuant to
Regulation S, under the Securities Act of 1933, as amended (the "Securities
Act").

         The net proceeds from the offering were made available for general
corporate purposes.

         "Delta continues to prove its capability to access the broad capital
markets and enhance our liquidity position," said Michele Burns, Delta's CFO.
"We have taken advantage of favorable market conditions to build cash and better
position Delta to overcome the difficult conditions facing the airline
industry."

         Delta has granted the initial purchaser of the notes a 30-day option
to purchase up to an additional $50 million principal amount of the notes.

         Interest on the notes will be 8% per $1,000 principal amount payable in
cash in arrears semi-annually through June 3, 2023. Each note will be
convertible into Delta common stock at a conversion price of $28 per share,
which represents an approximately 100% premium over the closing price of Delta
stock on May 27, 2003, the day the transaction was announced, subject to
adjustment in certain circumstances. Holders of the notes may convert their
notes only if (i) the price of Delta's common stock reaches a specified
threshold; (ii) the trading price for the notes falls below certain thresholds;
(iii) the notes have been called for redemption; or (iv) specified corporate
transactions occur.

         Delta may redeem all or some of the notes for cash at any time on or
after June 5, 2008, at a redemption price equal to the principal amount of the
notes plus any accrued and unpaid interest to the redemption date. Holders may
require Delta to repurchase the notes on June 3 of 2008, 2013 and 2018, or in
other specified circumstances, at a repurchase price equal to the principal
amount due plus any accrued and unpaid interest to the repurchase date.

         This announcement is neither an offer to sell nor the solicitation of
an offer to buy any security and shall not constitute an offer, solicitation or
sale in any jurisdiction in which such offer, solicitation or sale is unlawful.

         The notes and the common stock issuable upon conversion of the notes
have not been registered under the Securities Act, or any state securities
laws, and unless so registered, may not be offered or sold in the





United States except pursuant to an exemption from, or in a transaction not
subject to, the registration requirements of the Securities Act and applicable
state securities laws.

         Delta Air Lines, the world's second largest carrier in terms of
passengers carried and the U.S. airline with the most transatlantic
destinations, offers 5,767 flights each day to 425 destinations in 76 countries
on Delta, Song, Delta Express, Delta Shuttle, Delta Connection and Delta's
worldwide partners. Delta is a founding member of SkyTeam, a global airline
alliance that provides customers with extensive worldwide destinations, flights
and services. For more information, please go to delta.com.

         Statements in this news release, which are not historical facts,
including statements regarding Delta's beliefs, expectations, estimates,
intentions or strategies for the future, may be "forward-looking statements"
under the Private Securities Litigation Reform Act of 1995. All forward-looking
statements involve a number of risks and uncertainties that could cause actual
results to differ materially from the plans, intentions, and expectations
reflected in or suggested by the forward-looking statements. For a list of
factors that could cause these differences, see the Form 10-Q that Delta filed
with the SEC on May 15, 2003. Delta has no current intention to update its
forward-looking statements.

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