-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, NW+NGzBm/REs6agtjKpjFcYemhLOKnEczNBN4BAb24PZNU7qdEyRQHxkj//xUKJO SUi1PZp2yl/VkyAt9F3izg== 0001188112-07-003362.txt : 20071114 0001188112-07-003362.hdr.sgml : 20071114 20071114145802 ACCESSION NUMBER: 0001188112-07-003362 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20071114 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20071114 DATE AS OF CHANGE: 20071114 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: 071243814 BUSINESS ADDRESS: STREET 1: HARTSFIELD ATLANTA INTL AIRPORT STREET 2: 1030 DELTA BLVD CITY: ATLANTA STATE: GA ZIP: 30354-1989 BUSINESS PHONE: 4047152600 MAIL ADDRESS: STREET 1: P.O. BOX 20706 STREET 2: DEPT 981 CITY: ATLANTA STATE: GA ZIP: 30320-6001 FORMER COMPANY: FORMER CONFORMED NAME: DELTA AIR CORP DATE OF NAME CHANGE: 19660908 8-K 1 t61004_8k.htm FORM 8-K t61004_8k.htm


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):  November 14, 2007


                             DELTA AIR LINES, INC.                             
(Exact name of registrant as specified in its charter)


Delaware
001-05424
58-0218548
(State or other jurisdiction
of incorporation)
(Commission
File Number)
(IRS Employer
Identification No.)


P.O. Box 20706, Atlanta, Georgia  30320-6001
(Address of principal executive offices)


Registrant’s telephone number, including area code:  (404) 715-2600


Registrant’s Web site address:    www.delta.com


Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):

o
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 
 

 
 
Item 8.01 Other Events.
 
On November 14, 2007, Delta issued a press release in response to correspondence from Pardus Capital Management LP.  A copy of the press release is attached hereto as Exhibit 99.1.

 
Item 9.01 Financial Statements and Exhibits.

(d) Exhibits.

 
Exhibit 99.1
Press Release dated November 14, 2007, titled “Delta Comments on Pardus Capital Management Letter”
 
 
 
 

 
 
 

 

SIGNATURES

          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/ Leslie P. Klemperer
 
   
Leslie P. Klemperer
 
Date: November 14, 2007
    Secretary  
 
 
 
 
 

 
 
EXHIBIT INDEX

Exhibit Number
 
Description
     
Exhibit 99.1
 
Press Release dated November 14, 2007, titled “Delta Comments on Pardus Capital Management Letter”
EX-99.1 2 ex99-1.htm EXHIBIT 99.1 ex99-1.htm

EXHIBIT 99.1

FOR IMMEDIATE DISTRIBUTION

CONTACT:
Corporate Communications
 
404-715-2554

Delta Comments on Pardus Capital Management Letter
Company reiterates previously stated positions on industry consolidation

ATLANTA, Nov. 14, 2007 – Delta Air Lines (NYSE: DAL) CEO Richard Anderson today issued the following statement in response to correspondence from Pardus Capital Management LP advocating that Delta lead industry consolidation:
 
“We appreciate receiving Pardus’ views on the best course for Delta’s future.  We have been consistent in our public statements that Delta believes that the right consolidation transaction could generate significant value for our shareholders and employees and that strategic options should be evaluated.  With oil at over $90 a barrel, this analysis takes on a heightened importance as we factor those prices into our long-term planning process.”
 
Prior to receiving this letter, Delta’s Board of Directors had established a special committee of the Board to work with management to review and analyze strategic options to ensure Delta maintains its leadership position in the airline industry, including potential consolidation transactions.  The committee is headed by Daniel Carp, Delta’s non-executive Chairman of the Board.  The company had also retained financial and legal advisors to assist in this review and in the development of recommendations to Delta’s Board of Directors.
 
Delta Air Lines operates service to more worldwide destinations than any airline with Delta and Delta Connection flights to 317 destinations in 55 countries. Since 2005, Delta has added more international capacity than any other major U.S. airline and is the leader across the Atlantic with flights to 35 trans-Atlantic markets. To Latin America and the Caribbean, Delta offers nearly 500 weekly flights to 58 destinations. Delta's marketing alliances also allow customers to earn and redeem SkyMiles on nearly 15,000 flights offered by SkyTeam and other partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. Including its SkyTeam and worldwide codeshare partners, Delta offers flights to 479 worldwide destinations in 104 countries. Customers can check in for flights, print boarding passes and check flight status at delta.com.

Statements in this news release 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. 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 cost of aircraft fuel; the impact that our indebtedness will have on our financial and operating activities and our ability to incur additional debt; the restrictions that financial covenants in our financing agreements will
 
 
 
 

 
 
 
have on our financial and business operations; labor issues; interruptions or disruptions in service at one of our hub airports; our increasing dependence on technology in our operations; our ability to retain management and key employees; the ability of our credit card processors to take significant holdbacks in certain circumstances; the effects of terrorist attacks; and competitive conditions in the airline industry. Additional information concerning risks and uncertainties that could cause differences between actual results and forward-looking statements is contained in Delta’s Securities and Exchange Commission filings, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2006 and its Quarterly Report on Form 10-Q for the quarterly period ended September 30, 2007. Caution should be taken not to place undue reliance on Delta’s forward-looking statements, which represent Delta’s views only as of November 14, 2007, and which Delta has no current intention to update.

 
 

 
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