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): July 18, 2002
DELTA AIR LINES, INC.
Delaware | 1-5424 | 58-0218548 | ||
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(State or other jurisdiction of incorporation) |
(Commission File Number) | (IRS Employer Identification No.) |
Hartsfield Atlanta International Airport, Atlanta, Georgia 30320
(Address of principal executive offices)
Registrants telephone number, including area code: (404) 715-2600
Not Applicable
(Former name or former address, if changed since last report)
SIGNATURE | ||||||||
EXHIBIT INDEX | ||||||||
PRESS RELEASE | ||||||||
SUPPLEMENTAL JUNE 2002 QUARTER DATA |
Item 5. Other Events and Regulation FD Disclosure
Financial Results for the June 2002 Quarter
Delta Air Lines, Inc. (Delta) today issued a press release reporting financial results for the June 2002 quarter. The press release is attached as Exhibit 99.1. Delta also will be providing supplemental data for the June 2002 quarter to certain analysts. The supplemental data is attached as Exhibit 99.2.
Forward Looking Statements
Statements in this Form 8-K including exhibits, oral statements made during Deltas webcast conference call on July 18, 2002, and statements otherwise made by Delta or on Deltas behalf which are not historical facts, including statements about Deltas 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 Deltas present expectations. Factors that could cause these differences include, but are not limited to:
1. | the many effects on Delta and the airline industry from the terrorist attacks on the United States on September 11, 2001, including the following: |
a. | the adverse impact of the terrorist attacks on the demand for air travel; | ||
b. | the change in Deltas operations and higher costs resulting from, and customer reaction to, new airline security directives, including the Aviation and Transportation Security Act; | ||
c. | the availability and cost of war risk and other insurance for Delta; | ||
d. | the credit downgrades of Delta and other airlines by Moodys Investors Service and Standard & Poors, and the possibility of additional downgrades, to the extent it makes it more difficult and/or more costly for us to obtain financing; | ||
e. | potential declines in the values of the aircraft in Deltas fleet or Deltas facilities and related assets impairment charges; | ||
g. | additional terrorist activity and/or war; |
2. | general economic conditions, both in the United States and in our markets outside the United States, including the extent of the weakening in the US economy and the related decline in business and leisure travel; | |
3. | competitive factors in our industry, such as mergers and acquisitions, the airline pricing environment, international alliances, codesharing programs, and capacity decisions by competitors; | |
4. | outcomes of negotiations on collective bargaining agreements and other labor issues; |
5. | changes in the availability or cost of aircraft fuel or fuel hedges; | |
6. | disruptions to operations due to adverse weather conditions and air traffic control-related constraints; | |
7. | fluctuations in foreign currency exchange rates; | |
8. | actions by the United States or foreign governments, including the Federal Aviation Administration and other regulatory agencies; | |
9. | the willingness of customers to travel generally, and with us specifically, which could be affected by factors such as Deltas and the industrys safety record, and; | |
10. | the outcome of our litigation. |
Caution should be taken not to place undue reliance on our forward-looking statements, which represent our views only as of July 18, 2002, and which we have no current intention to update
Item 7. Financial Statements and Exhibits.
(c) Exhibits
Exhibit 99.1 | Press Release dated July 18, 2002 titled Delta Air Lines Reports Second Quarter Results | |
Exhibit 99.2 | Supplemental Data sheet dated July 18, 2002 titled Supplemental June 2002 Quarter Data |
SIGNATURE
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/ Edward H. Bastian Edward H. Bastian Senior Vice President - Finance and Controller |
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Date: July 18, 2002 |
EXHIBIT INDEX
Exhibit Number | Description | |
Exhibit 99.1 | Press Release dated July 18, 2002 titled Delta Air Lines Reports Second Quarter Results | |
Exhibit 99.2 | Data sheet dated July 18, 2002 titled Supplemental June 2002 Quarter Data |