ATLANTA, April 10, 2008 (PRIME NEWSWIRE) -- Delta Air Lines, Inc. (NYSE:DAL) today announced that it has extended its offer to exchange (the "Class A Exchange Offer") $924,408,000 aggregate face amount of Class A Certificates, Series 2007-1 (the "New Class A Certificates"), which have been registered under the Securities Act of 1933, as amended, for an equal face amount of outstanding Class A Certificates, Series 2007-1 (the "Old Class A Certificates") which were privately placed on October 11, 2007.
The Class A Exchange Offer was originally scheduled to expire at 5:00 p.m., New York City time, on April 9, 2008, unless extended. As of the close of business on April 9, 2008, approximately $913,723,000 in aggregate face amount of Old Class A Certificates have been confirmed as tendered in exchange for like face amounts of the New Class A Certificates.
The new expiration date for the Exchange Offer is 5:00 p.m., New York City time, April 14, 2008, unless further extended by Delta.
This press release does not constitute an offer to exchange the New Class A Certificates for the Old Class A Certificates or the solicitation of an offer to exchange. The Class A Exchange Offer is only being made pursuant to a prospectus and letter of transmittal that have been filed with the Securities and Exchange Commission as part of Delta's Registration Statement on Form S-4. The Registration Statement was declared effective by the Securities and Exchange Commission on March 11, 2008.
Delta has not extended the offer to exchange $265,366,000 aggregate face amount of Class B Certificates, Series 2007-1 and $220,103,000 aggregate face amount of Class C Certificates, Series 2007-1, which also have been registered under the Securities Act, for an equal face amount of outstanding Class B Certificates, Series 2007-1, and Class C Certificates, Series 2007-1, respectively, both of which were privately placed on October 11, 2007. All outstanding certificates in these classes were tendered for exchange prior to the expiration of the offer.
Copies of the prospectus and other documents relating to the Class A Exchange Offer may be obtained from the Exchange Agent by contacting:
U.S. Bank National Association
Corporate Trust Services
Attn: Specialized Finance
Westside Flats Operation Center
60 Livingston Avenue
St. Paul, MN 55107
Telephone: (651) 495-3511
Facsimile: (651) 495-8158
About Delta
Delta Air Lines operates service to more worldwide destinations than any airline with Delta and Delta Connection flights to 306 destinations in 58 countries. Delta has added more international capacity than any major U.S. airline during the last two years and is the leader across the Atlantic with flights to 37 trans-Atlantic markets. To Latin America and the Caribbean, Delta offers more than 517 weekly flights to 57 destinations. Delta's marketing alliances also allow customers to earn and redeem SkyMiles on nearly 16,409 flights offered by SkyTeam and other partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. Including its SkyTeam and worldwide codeshare partners, Delta offers flights to 841 worldwide destinations in 162 countries. Customers can check in for flights, print boarding passes and check flight status at delta.com.
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