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DELTA AIR LINES INC

For the period ended Mar 31, 2025. Filed Apr 9, 2025.

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About this filing

A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.

Mar 31, 2025 · Filed Apr 9, 2025

DAL$91.80+5.3%Stored close · as of Nov 9, 2026

Extracted filing text, with the paragraph anchors used by the comparison.

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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 10-Q

☑QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

For the quarterly period ended March 31, 2025

Or
☐TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

Commission File Number 001-5424

(Exact name of registrant as specified in its charter)

Delaware58-0218548
(State or other jurisdiction of incorporation or organization)(I.R.S. Employer Identification No.)
Post Office Box 20706
Atlanta, Georgia30320-6001
(Address of principal executive offices)(Zip Code)

Registrant's telephone number, including area code: (404)715-2600

Securities registered pursuant to Section 12(b) of the Act:

Title of each classTrading SymbolName of each exchange on which registered
Common Stock, par value $0.0001 per shareDALNew York Stock Exchange

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days.

Yes ☑ No☐

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).

Yes ☑ No☐

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company, or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and "emerging growth company" in Rule 12b-2 of the Exchange Act.

Large accelerated filer☑Accelerated filer☐Non-accelerated filer☐
Smaller reporting company☐Emerging growth company☐

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act).

Yes☐ No ☑

Number of shares outstanding by each class of common stock, as of March 31, 2025

Common Stock, $0.0001 par value -652,955,169 shares outstanding

This document is also available through our website at http://ir.delta.com/.

Table of Contents
Page
Forward Looking Statements1
Report of Independent Registered Public Accounting Firm2
Part I. Financial Information
Item 1. Financial Statements3
Consolidated Balance Sheets3
Condensed Consolidated Statements of Operations and Comprehensive Income4
Condensed Consolidated Statements of Cash Flows5
Consolidated Statements of Stockholders' Equity6
Notes to the Condensed Consolidated Financial Statements7
Item 2. Management's Discussion and Analysis of Financial Condition and Results of Operations15
Item 3. Quantitative and Qualitative Disclosures About Market Risk26
Item 4. Controls and Procedures26
Part II. Other Information
Item 1. Legal Proceedings26
Item 1A. Risk Factors26
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds26
Item 6. Exhibits27
Signature28
ContentsView on SEC.gov

The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.