Delta Airlines 2004 Annual Report Download - page 22
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Table of Contents
ITEM 2. PROPERTIES
Flight Equipment
The table set forth below shows our aircraft fleet at December 31, 2004.
Current Fleet(1)
Capital Operating Average
Aircraft Type Owned Lease Lease Total Age
B-737-200 6 12 34 52 19.8
B-737-300 — — 26 26 18.1
B-737-800 71 — — 71 4.2
B-757-200 77 10 34 121 13.3
B-767-200 15 — — 15 21.6
B-767-300 4 10 14 28 14.9
B-767-300ER 50 — 9 59 8.9
B-767-400 21 — — 21 3.8
B-777-200 8 — — 8 4.9
MD-11 1 — 3 4 11.9
MD-88 63 16 41 120 14.5
MD-90 16 — — 16 9.1
ATR-72 4 — 13 17 10.7
CRJ-100/200 106 — 123 229 5.2
CRJ-700 58 — — 58 1.3
Total 500 48 297 845
(1) The table above:
• includes four B-737-200 and four MD-11 aircraft which are temporarily grounded; and
• does not include three MD-11 aircraft we have subleased to World Airways.
Our purchase commitments (firm orders) for aircraft, as well as options to purchase additional aircraft, as of December 31, 2004, are shown below.
Delivery in Calendar Year Ending
After
2005 2006 2007 2008 2008 Total
Aircraft on Firm Order
B-737-800 11 (1) 10 36 4 — 61
B-777-200 — — — 2 3 5
CRJ-200 32 (2) — — — — 32
Total 43 10 36 6 3 98
(1) In October 2003, we entered into a definitive agreement with a third party to sell 11 B-737-800 aircraft immediately after those aircraft are delivered to us
by the manufacturer in 2005. These 11 B-737-800 aircraft are included in the above table because we continue to have a contractual obligation to purchase
these aircraft from the manufacturer. For additional information about our sale agreement, see Note 8 of the Notes to the Consolidated Financial
Statements.
(2) In February 2004, we entered into an agreement to purchase 32 CRJ-200 aircraft to be delivered in 2005. In conjunction with this agreement, we entered
into a facility with a third party to finance, on a secured basis at the time of acquisition, the deliveries of these regional jet aircraft. Borrowings under this
facility (1) will be due in installments for 15 years after the date of borrowing and (2) bear interest at LIBOR plus a margin.
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