DELTA AIR LINES ANNOUNCES DECEMBER QUARTER RESULTS

| September 21, 2016

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Delta's pre-tax income for the December 2014 quarter was $1.0 billion, excluding special items1, an increase of $474 million over the December 2013 quarter on a similar basis. Delta's net income for the December 2014 quarter was $649 million, or $0.78 per diluted share, and its operating margin was 12.6 percent, excluding special items. For the full year 2014, Delta's pre-tax income, excluding special items, was $4.5 billion, a $1.9 billion increase over 2013. Delta's net income for the year was $2.8 billion with an operating margin of 13.1 percent, excluding special items.

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