Delta Airlines 2013 Annual Report Download - page 25

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Reductions in coverage or lack of access to war risk insurance 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 (1) reduced the maximum amount of insurance
coverage available to commercial air carriers for liability to persons (other than employees or passengers) for claims from acts of terrorism, war
or similar events and (2) increased the premiums for such coverage. 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 U.S. Secretary of Transportation has extended coverage through September 30, 2014, and we expect the coverage to be further
extended. The withdrawal of government support of airline war-risk insurance would require us to obtain war-risk insurance coverage
commercially. Such commercial insurance could have substantially less desirable coverage than currently provided by the U.S. government, may
not be adequate to protect our risk of loss from future acts of terrorism or, may result in a material increase to our operating expense.
ITEM 1B. UNRESOLVED STAFF COMMENTS
None.
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