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(REPEATING TO CORRECT GARBLE IN NOTE A)

 /FIRST AND FINAL ADD -- AT010 -- DELTA AIR LINES EARNINGS/
 DELTA AIR LINES, INC.
 CONSOLIDATED STATEMENTS OF OPERATIONS--
 Three Months Ended
 December 31
 1992 1991
 Operating Revenues:
 Passenger $ 2,636.5 $ 2,446.2
 Cargo 180.7 146.7
 Other 57.3 30.3
 Total Operating Revenues 2,874.5 2,623.2
 Operating Expenses:
 Salaries and Related Costs 1,174.7 1,090.3
 Aircraft Fuel 405.0 394.8
 Aircft Mtc Matrls and Repairs 111.0 98.5
 Aircraft Rent 180.9 159.8
 Facilities and Other Rent 86.2 82.1
 Landing Fees 61.1 53.1
 Passenger Service 132.0 129.7
 Passenger Commissions 287.9 278.4
 Depreciation and Amortization 189.8 153.2
 Other 440.8 420.1
 Total Operating Expenses 3,069.4 2,860.0
 Operating Loss 194.9 236.8
 Other Income (Expense):
 Interest Expense (net) (37.9) (29.6)
 Gain on Disposition of Flt Eqpm 31.0 -
 Other Income, Net 7.7 (27.0)
 0.8 (56.6)
 Loss Before Income Taxes 194.1 293.4
 Provision for Income Taxes:
 Income Taxes Credited 67.0 103.3
 Investment Tax Credits 0.8 2.5
 67.8 105.8
 Net Loss 126.3 187.6
 Preferred Stock Dividends
 Net of Tax Benefits 24.8 4.6
 Net Loss Attributable to Common
 Shareholders $ 151.1 $ 192.2
 Net Loss Per Share
 Primary $ 3.04 $ 3.89
 Fully Diluted $ 3.04 $ 3.89
 --All dollar amounts in millions, except per share amounts
 STATISTICAL SUMMARY:
 Revenue Plane Miles (000) 184,519 173,143
 Available Seat Miles (000) 32,840,778 30,186,078
 Revenue Passengers Enplaned 20,307,255 18,869,611
 Revenue Passenger Miles (000) 19,429,074 17,265,148
 Cargo Ton Miles (000) 334,284 275,253
 Passenger Load Factor (percent) 59.16 57.20
 Break-even Load Factor (percent) 63.53 62.73
 Fuel Gallons Consumed (000) 627,564 586,358
 Average Price Per Fuel Gal(cents) 64.54 67.34
 Cost Per Avlble Seat Mile (cents) 9.35 9.47
 Passenger Mile Yield (cents) 13.57 14.17
 DELTA AIR LINES, INC.
 CONSOLIDATED STATEMENTS OF OPERATIONS--
 (Unaudited)
 Six Months Ended
 December 31
 1992 1991
 Operating Revenues:
 Passenger $ 5,469.1 $ 4,857.4
 Cargo 352.6 278.3
 Other 116.9 60.4
 Total Operating Revenues 5,938.6 5,196.1
 Operating Expenses:
 Salaries and Related Costs 2,360.2 2,091.0
 Aircraft Fuel 842.8 743.7
 Aircft Mtc Matrls and Repairs 239.4 179.4
 Aircraft Rent 359.2 292.4
 Facilities and Other Rent 180.0 156.0
 Landing Fees 132.0 102.1
 Passenger Service 291.4 248.0
 Passenger Commissions 625.6 559.0
 Depreciation and Amortization 380.0 293.8
 Other 885.3 740.9
 Total Operating Expenses 6,295.9 5,406.3
 Operating Loss 357.3 210.2
 Other Income (Expense):
 Interest Expense (net) (76.2) (58.8)
 Gain on Disposition of Flt Eqpmt 50.4 4.6
 Other Income, Net 24.8 (6.7)
 (1.0) (60.9)
 Loss Before Income Taxes 358.3 271.1
 Provision for Income Taxes:
 Income Taxes Credited 123.7 91.2
 Investment Tax Credits 1.6 5.4
 125.3 96.6
 Net Loss 233.0 174.5
 Preferred Stock Dividends
 Net of Tax Benefits 49.6 9.3
 Net Loss Attributable to Common
 Shareholders $ 282.6 $ 183.8
 Net Loss Per Share
 Primary $ 5.68 $ 3.72
 Fully Diluted $ 5.68 $ 3.72
 --All dollar amounts in millions, except per share amounts
 STATISTICAL SUMMARY:
 Revenue Plane Miles (000) 376,262 337,430
 Available Seat Miles (000) 66,957,071 58,670,309
 Revenue Passengers Enplaned 44,267,140 38,187,941
 Revenue Passenger Miles (000) 43,221,759 35,419,196
 Cargo Ton Miles (000) 634,677 512,896
 Passenger Load Factor (percent) 64.55 60.37
 Break-even Load Factor (percent) 68.77 62.98
 Fuel Gallons Consumed (000) 1,288,843 1,144,723
 Average Price Per Fuel Gal (cents) 65.39 64.96
 Cost Per Avlble Seat Mile (cents) 9.40 9.21
 Passenger Mile Yield (cents) 12.65 13.71
 DELTA AIR LINES, INC.
 CONSOLIDATED STATEMENTS OF OPERATIONS--
 (Unaudited)
 Twelve Months Ended
 December 31
 1992 1991
 Operating Revenues:
 Passenger $ 10,726.9 $ 9,358.4
 Cargo 661.9 530.1
 Other 190.4 131.1
 Total Operating Revenues 11,579.2 10,019.6
 Operating Expenses:
 Salaries and Related Costs 4,705.6 4,009.8
 Aircraft Fuel 1,581.5 1,439.2
 Aircft Mtc Materials and Repairs 505.8 359.3
 Aircraft Rent 708.8 521.5
 Facilities and Other Rent 379.4 297.8
 Landing Fees 254.2 189.3
 Passenger Service 567.6 458.6
 Passenger Commissions 1,219.9 1,044.2
 Depreciation and Amortization 720.7 561.0
 Other 1,757.8 1,413.5
 Total Operating Expenses 12,401.3 10,294.2
 Operating Loss 822.1 274.6
 Other Income (Expense):
 Interest Expense (net) (168.9) (117.6)
 Gain on Disposition of Flt Eqpmt 80.3 21.4
 Other Income, Net 37.0 4.8
 (51.6) (91.4)
 Loss Before Income Taxes 873.7 366.0
 Provision for Income Taxes:
 Income Taxes Credited 303.6 115.0
 Investment Tax Credits 5.3 11.5
 308.9 126.5
 Net Loss 564.8 239.5
 Preferred Stock Dividends
 Net of Tax Benefits 58.8 18.6
 Net Loss Attributable
 to Common Shareholders $ 623.6 $ 258.1
 Net Loss Per Share
 Primary $ 12.56 $ 5.44
 Fully Diluted $ 12.56 $ 5.44
 --All dollar amounts in millions, except per share amounts
 STATISTICAL SUMMARY:
 Revenue Plane Miles (000) 743,973 645,667
 Available Seat Miles (000) 131,388,505 111,419,535
 Revenue Passengers Enplaned 83,117,228 74,282,385
 Revenue Passenger Miles (000) 80,495,297 67,269,345
 Cargo Ton Miles (000) 1,208,730 969,461
 Passenger Load Factor (percent) 61.27 60.37
 Break-even Load Factor (percent) 65.96 62.15
 Fuel Gallons Consumed (000) 2,527,728 2,178,274
 Average Price Per Fuel Gal (cents) 62.57 66.07
 Cost Per Avlble Seat Mile (cents) 9.44 9.24
 Passenger Mile Yield (cents) 13.33 13.91
 DELTA AIR LINES, INC. (NYSE)
 Consolidated Statements of Operations
 (Unaudited)
 Periods Ended
 December 31
 Quarters Ended December 31: 1992 1991
 Operating Revenues $2,874.5 million $2,623.2 million
 Net Loss After Taxes (A) 126,311,000 (B) 187,611,000
 Net Loss Attributable to
 Common Shareholders (A) 151,069,000 (B) 192,256,000
 Loss per Common Share
 Primary $3.04 $3.89
 Fully Diluted $3.04 $3.89
 Weighted Average Number of
 Shares Used to Compute
 Loss Per Common Share: 49,732,137 49,415,576
 Six Months Ended December 31:
 Operating Revenues $5,938.5 million $5,196.1 million
 Net Loss after Taxes (C) 233,044,000 (D) 174,535,000
 Net Loss Attributable to
 Common Shareholders (C) 282,569,000 (D) 183,828,000
 Loss per Common Share
 Primary $5.68 $3.72
 Fully Diluted $5.68 $3.72
 Weighted Average Number of
 Shares Used to Compute
 Loss Per Common Share: 49,724,667 49,411,368
 Note A - Includes an after tax gain of $19,647,000 (earnings
 per common share, 40 cents) from the disposition of
 flight equipment.
 Note B - Includes an after tax gain of $24,000 from the
 disposition of flight equipment.
 Note C - Includes an after tax gain of $31,909,000 (earnings
 per common share, 64 cents) from the disposition of
 flight equipment.
 Note D - Includes an after tax gain of $2,934,000 (earnings
 per common share, 6 cents) from the disposition of
 flight equipment.
 -0- 1/28/93 R AA AT010
 /PRNewswire -- Jan. 28/
 /END FIRST AND FINAL ADD/
 (DAL)


CO: Delta Air Lines, Inc. ST: Georgia IN: AIR SU: ERN

BN-BR -- AT010A -- 0354 01/28/93 14:25 EST
COPYRIGHT 1993 PR Newswire Association LLC
No portion of this article can be reproduced without the express written permission from the copyright holder.
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Date:Jan 28, 1993
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