Company Watch - Delta Air Lines.

For more company news, data and analysis, please go to: http://www.airguideonline.com/professional.htm Jul 24, 2006

Delta signs LOI for lease of 10 757s from ILFC. Delta Air Lines told the US Bankruptcy Court in New York last week that it has signed a letter of intent with ILFC to lease 10 757-200ERs.The aircraft, powered by Pratt & Whitney PW2037s, will be delivered from July 15 through Nov. 15, 2007, after undergoing C checks and painting, and will be leased for seven years and three months each, according to the filing. The rent figures were not disclosed. ILFC will provide a cash contribution toward the purchase of winglets that will remain installed after each airplane is returned. If approval is granted by the court, which Delta expects to occur by July 27, it said it will sign lease documents before Aug. 4. Jul 17, 2006

Delta lowers fares for travelers returning from Lebanon: Delta Air Lines is offering reduced fares for fliers returning to the U.S. from Lebanon through Baltimore-Washington International Thurgood Marshall Airport. From BWI, fliers can purchase discounted tickets to Delta's destinations in the U.S., Canada and the U.S. Virgin Islands. Jul 21, 2006

Delta Pensions Should Not Threaten Financing. Delta Air Lines should be able to attract private investment needed to exit bankruptcy even if it preserves its expensive non-union pension plan, the airline's chief executive said on Wednesday. Jul 20, 2006

Delta Air Lines' capacity reconfiguration is evident in its June traffic results, released earlier this month. It flew 11.11 billion system RPMs in June, a 0.1% dip from the year-ago month. Overall capacity declined 3% to 13.16 billion ASMs and load factor rose 2.5 points to 84.5%. But domestic RPMs fell 10% to 7.57 billion against a 13.5% drop in capacity to 8.99 billion ASMs, lifting load factor 3.2 points to 84.1%. Meanwhile, international traffic soared 30.6% to 3.55 billion RPMs, capacity grew 31.3% to 4.17 billion ASMs and load factor slipped 0.4 point to 85.1%. Jul 17, 2006

Delta Air Lines has been slashing domestic capacity in recent months while adding to its international route network. It has launched more than 50 international routes in the past year and will fly 350 times per week between the US and Europe this summer and nearly 500 times per week to Latin America. It has added more 757s to its fleet in the past year than any other type while decreasing the number of 737s and 767s in operation. In May 2005 it had 85 757-200s in its fleet while this May it had 121. Jul 17, 2006

Delta Air Lines and KLM announced a codesharing deal that will see KLM place its code on DL flights to 15 US destinations from Atlanta while the US carrier puts its code on KLM flights from Amsterdam to 10 European cities. The two intend to expand the agreement. Jul 20, 2006