Delta Airlines 2007 Annual Report Download - page 20

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Table of Contents
Index to Financial Statements
We and other U.S. carriers are subject to domestic and foreign laws regarding privacy of passenger and employee data that are not consistent in all
countries in which we operate. In addition to the heightened level of concern regarding privacy of passenger data in the U.S., certain European government
agencies are initiating inquiries into airline privacy practices. Compliance with these regulatory regimes is expected to result in additional operating costs and
could impact our operations and any future expansion.
Our insurance costs have increased substantially as a result of the September 11 terrorist attacks, and further increases in insurance costs or
reductions in coverage could have a material adverse impact on our business and operating results.
As a result of the terrorist attacks on September 11, 2001, aviation insurers significantly reduced the maximum amount of insurance coverage available
to commercial air carriers for liability to persons (other than employees or passengers) for claims resulting from acts of terrorism, war or similar events. At the
same time, aviation insurers significantly increased the premiums for such coverage and for aviation insurance in general. Since September 24, 2001, the U.S.
government has been providing U.S. airlines with war-risk insurance to cover losses, including those resulting from terrorism, to passengers, third parties
(ground damage) and the aircraft hull. The coverage currently extends through August 31, 2008. The withdrawal of government support of airline war-risk
insurance would require us to obtain war-risk insurance coverage commercially, if available. Such commercial insurance could have substantially less
desirable coverage than that currently provided by the U.S. government, may not be adequate to protect our risk of loss from future acts of terrorism, may
result in a material increase to our operating expenses or may not be obtainable at all, resulting in an interruption to our operations.
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.
ITEM 2. PROPERTIES
Flight Equipment
Our active aircraft fleet at December 31, 2007 is summarized in the following table:
Current Fleet
Aircraft Type Owned
Capital
Lease
Operating
Lease Total
Average
Age
B-737-800 71 — — 71 7.2
B-757-200 68 34 18 120 16.3
B-757-200ER — 2 11 13 10.0
B-767-300 4 — 17 21 16.9
B-767-300ER 50 — 9 59 11.9
B-767-400ER 21 — — 21 6.8
B-777-200ER 8 — — 8 7.9
MD-88 63 33 21 117 17.5
MD-90 16 — — 16 12.1
CRJ-100 28 13 49 90 10.3
CRJ-200 5 — 12 17 5.2
CRJ-700 17 — — 17 4.2
CRJ-900 8 — — 8 0.2
Total 359 82 137 578 12.4
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