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/FIRST AND FINAL ADD -- AT005 -- DELTA AIR LINES EARNINGS/

 DELTA AIR LINES, INC.
 CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
 Three Months Ended
 September 30
 1993 1992
 Operating Revenues:
 Passenger $ 2,977.7 $ 2,832.6
 Cargo 175.1 171.8
 Other, Net 67.0 59.6
 Total Operating Revenues 3,219.8 3,064.0
 Operating Expenses:
 Salaries and Related Costs 1,161.4 1,217.8
 Aircraft Fuel 383.0 437.7
 Passenger Commissions 347.5 337.7
 Aircraft Rent 190.4 178.3
 Depreciation and Amortization 165.7 190.2
 Passenger Service 140.5 159.3
 Aircraft Mtc Materials and Rprs 104.7 128.4
 Facilities and Other Rent 92.2 93.8
 Landing Fees 68.6 70.9
 Other 444.3 444.6
 Total Operating Expenses 3,098.3 3,258.7
 Income (Loss) from Operations 121.5 (194.7)
 Other Income (Expense):
 Interest Expense, Net (68.1) (38.3)
 Gain on Disposition of
 Flight Equipment 1.0 19.3
 Miscellaneous Income, Net 24.4 17.2
 (42.7) (1.8)
 Income (Loss) Before Income Taxes and
 Cumulative Effect of Acctg Chngs 78.8 (196.5)
 Income Taxes (Provided)
 Credited, Net (18.4) 71.3
 Income (Loss) Before Cumulative Effect
 of Accounting Changes 60.4 (125.2)
 Cumulative Effect of Accounting
 Changes, Net of Tax --- (587.1)
 Net Income (Loss) 60.4 (712.3)
 Preferred Stock Dividends (27.6) (27.6)
 Net Income (Loss) Attributable
 to Common Stockholders $ 32.8 $ (739.9)
 Net Income (Loss) Per Primary
 Common Share:
 Before Cumulative Effect of
 Accounting Changes $0.65 $ (3.07)
 Cumulative Effect of Acctg Chngs --- (11.81)
 $0.65 $ 14.88
 Net Income (Loss) Per Fully Diluted
 Common Share:
 Before Cumulative Effect of
 Acctg Changes $0.65 $ (3.07)
 Cumulative Effect of Acctg Chngs --- (11.81)
 $0.65 $(14.88)
 - -All dollar amounts in millions, except per share amounts
 STATISTICAL SUMMARY:
 Revenue Plane Miles (000) 193,884 191,743
 Available Seat Miles (000) 34,826,066 34,116,293
 Revenue Passengers Enplaned 22,531,706 23,959,885
 Revenue Passenger Miles (000) 22,999,627 23,792,685
 Cargo Ton Miles (000) 312,428 300,393
 Passenger Load Factor (percent) 66.04 69.74
 Breakeven Load Factor (percent) 63.35 74.53
 Fuel Gallons Consumed (000) 669,352 661,278
 Avg Price Per Fuel Gallon (cents) 57.21 66.20
 Cost Per Avlbl Seat Mile (cents) 8.90 9.55
 Passenger Mile Yield (cents) 12.95 11.91
 DELTA AIR LINES, INC.
 CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)
 Nine Months Ended
 September 30
 1993 1992
 Operating Revenues:
 Passenger $ 8,583.8 $ 8,090.4
 Cargo 520.0 481.1
 Other, Net 174.1 133.1
 Total Operating Revenues 9,277.9 8,704.6
 Operating Expenses:
 Salaries and Related Costs 3,534.6 3,563.1
 Aircraft Fuel 1,131.9 1,176.5
 Passenger Commissions 972.3 932.0
 Aircraft Rent 559.7 527.9
 Depreciation and Amortization 520.7 530.9
 Passenger Service 397.8 435.6
 Aircraft Mtc Materials and Rprs 330.5 394.8
 Facilities and Other Rent 267.9 293.2
 Landing Fees 199.1 193.1
 Fleet Restructuring 82.5 ---
 Other 1,312.9 1,317.0
 Total Operating Expenses 9,309.9 9,364.1
 Income (Loss) from Operations (32.0) (659.5)
 Other Income (Expense):
 Interest Expense, Net (168.8) (130.9)
 Gain on Disposition of
 Flight Equipment ? 15.5 49.2
 Miscellaneous Income, Net 35.8 29.3
 (117.5) (52.4)
 Income (Loss) Before Income Taxes
 and Cumulative Effect of
 Accounting Changes (149.5) (711.9)
 Income Taxes (Provided)
 Credited, Net 64.7 254.9
 Income (Loss) Before Cumulative Effect
 of Accounting Changes (84.8) (457.0)
 Cumulative Effect of Accounting
 Changes, Net of Tax --- (587.1)
 Net Income (Loss) (84.8) (1,044.1)
 Preferred Stock Dividends (82.8) (42.6)
 Net Income (Loss) Attributable
 to Common Stockholders $ (167.6) $ (1,086.7)
 Net Income (Loss) Per Primary
 Common Share:
 Before Cumulative Effect of
 Accounting Changes $(3.35) $(10.07)
 Cumulative Effect of Acctg Changes --- (11.83)
 $(3.35) $(21.90)
 Net Income (Loss) Per Fully Diluted
 Common Share:
 Before Cumulative Effect of
 Accounting Changes $(3.35) $(10.07)
 Cumulative Effect of Acctg Chngs --- (11.83)
 $(3.35) $(21.90)
 - -All dollar amounts in millions, except per share amounts
 STATISTICAL SUMMARY:
 Revenue Plane Miles (000) 560,673 559,454
 Available Seat Miles (000) 100,151,314 98,547,727
 Revenue Passengers Enplaned 63,349,299 62,809,973
 Revenue Passenger Miles (000) 62,183,761 61,066,223
 Cargo Ton Miles (000) 934,974 874,446
 Passenger Load Factor (percent) 62.09 61.97
 Breakeven Load Factor (percent) 62.32 67.02
 Fuel Gallons Consumed (000) 1,909,201 1,900,164
 Avrg Price Per Fuel Gallon (cents) 59.29 61.91
 Cost Per Available Seat Mile 9.30 9.50
 Cost Per Available Seat Mile -
 Excluding Fleet Restructuring
 Charge (cents) 9.21 9.50
 Passenger Mile Yield (cents) 13.80 13.25
 -0- 10/28/93 AA AT005
 /PRNewswire -- Oct. 28/
 /END FIRST AND FINAL ADD/
 (DAL)


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

BN -- AT005A -- 7799 10/28/93 10:34 EDT
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No portion of this article can be reproduced without the express written permission from the copyright holder.
Copyright 1993 Gale, Cengage Learning. All rights reserved.

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Publication:PR Newswire
Date:Oct 28, 1993
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