Delta Airlines 2006 Annual Report Download - page 6

Forward-Looking Information
Statements in this Form 10-K (or otherwise made by us or on our behalf) which are not historical facts, including statements about 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. Forward-looking statements involve risks and uncertainties that could cause actual results to differ materially from historical experience
or our present expectations. For examples of such risks and uncertainties, please see the cautionary statements contained in “Risk Factors Relating to Delta”
and “Risk Factors Relating to the Airline Industry” in “Item 1A. Risk Factors” of this Form 10-K. We undertake no obligation to publicly update or revise any
forward-looking statements to reflect events or circumstances that may arise after the date of this report.
Other Information
On September14, 2005 (the “Petition Date”), we and substantially all of our subsidiaries filed voluntary petitions for reorganization under Chapter 11 of
the United States Bankruptcy Code (the “Bankruptcy Code”) in the United States Bankruptcy Court for the Southern District of New York (the “Bankruptcy
Court”). On December 19, 2006, we filed a Plan of Reorganization (the “Plan”), which, after amendment, is being submitted to a vote of creditors and is
subject to confirmation by the Bankruptcy Court. Under the Plan, current holders of our equity securities would not receive any distributions, and the equity
securities would be cancelled upon the effective date of the Plan. Accordingly, we urge that caution be exercised with respect to existing and future
investments in our equity securities and any of our liabilities or other securities. Additional information about our Chapter 11 filing is available on the Internet
at www.delta.com/restructure. Bankruptcy Court filings, claims information and our proposed Plan are available at www.deltadocket.com. Information
contained on these websites is not part of, and is not incorporated by reference in, this Form 10-K.
Unless otherwise indicated, the terms “Delta,” the “Company,” “we,” “us,” and “our” refer to Delta Air Lines, Inc. and its subsidiaries.
PART I
ITEM 1. BUSINESS
General Description
We are a majorair carrier that provides scheduled air transportation for passengers and cargo throughout the United States and around the world. We
offer customers service to more destinations than any other global airline, with Delta and Delta Connection carrier service to 308 destinations in 52 countries.
With more than 60 new international routes addedsince 2005,we are increasing our international service significantly. We are a leader across the Atlantic with
flights to 31 trans-Atlantic destinations. We also offer more than 600weekly flights to 58 destinations in Latin America and the Caribbean. We are a founding
member of the SkyTeam international alliance, a global airline alliance that provides customers with extensive worldwide destinations, flights and services.
Including our SkyTeam and worldwide codeshare partners, we offer flights to 462 worldwide destinations in 99 countries.
For the yearsended December 31, 2006, 2005 and 2004, passenger revenues accounted for 91%, 90% and 91% of our consolidated operating revenues,
respectively, and cargo revenues and other sources accounted for 9%, 10% and 9% of our consolidated operating revenues, respectively. In 2006, our
operations in North America, the Atlantic, Latin America and the Pacific accounted for 75%, 18%, 6% and 1%, respectively, of our consolidated operating
revenues. In 2005, our operations in North America, the Atlantic, Latin America and the Pacific accounted for 80%, 14%, 5% and 1%, respectively, of our
consolidated operating revenues. In 2004, our operations in North America, the Atlantic, Latin America and the Pacific accounted for 81%, 14%, 4% and 1%,
respectively, of our consolidated operating revenues.
We are incorporated under the laws of the State of Delaware. Our principal executive offices are located at Hartsfield-Jackson Atlanta International
Airport in Atlanta, Georgia (the “Atlanta Airport”). Our telephone number is [phone], and our Internet address is www.delta.com. Information
contained on this website is not part of, and is not incorporated by reference in, this Form 10-K.
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