DELTA AIR LINES, INC. (NYSE:DAL) Files An 8-K Regulation FD Disclosure
Item 7.01
| Regulation FD Disclosure. |
Delta Air Lines, Inc. (Delta) issued today an Investor Update
which is furnished as Exhibit 99.1 to this Form 8-K.
Delta also issued today a press release reporting March 2017
financial and operating results. The press release is attached as
Exhibit 99.2 to this Form 8-K.
Statements in this Form 8-K and the attached exhibits that
are not historical facts, including statements regarding our
estimates, expectations, beliefs, intentions, projections or
strategies for the future, may be forward-looking statements as
defined in the Private Securities Litigation Reform Act of 1995.
All forward-looking statements involve a number of risks and
uncertainties that could cause actual results to differ
materially from the estimates, expectations, beliefs, intentions,
projections and strategies reflected in or suggested by the
forward-looking statements. These risks and uncertainties
include, but are not limited to, the effects of terrorist attacks
or geopolitical conflict; the cost of aircraft fuel; the impact
of fuel hedging activity including rebalancing our hedge
portfolio, recording mark-to-market adjustments or posting
collateral in connection with our fuel hedge contracts; the
availability of aircraft fuel; the performance of our significant
investments in airlines in other parts of the world; the possible
effects of accidents involving our aircraft; the restrictions
that financial covenants in our financing agreements could have
on our financial and business operations; labor issues;
interruptions or disruptions in service at one of our hub or
gateway airports; breaches or security lapses in our information
technology systems; disruptions in our information technology
infrastructure; our dependence on technology in our operations;
the effects of weather, natural disasters and seasonality on our
business; the effects of an extended disruption in services
provided by third party regional carriers; failure or inability
of insurance to cover a significant liability at Monroes Trainer
refinery; the impact of environmental regulation on the Trainer
refinery, including costs related to renewable fuel standard
regulations; our ability to retain management and key employees;
competitive conditions in the airline industry; the effects of
extensive government regulation on our business; the sensitivity
of the airline industry to prolonged periods of stagnant or weak
economic conditions; uncertainty in economic conditions and
regulatory environment in the United Kingdom related to the
likely exit of the United Kingdom from the European Union; and
the effects of the rapid spread of contagious illnesses.
Additional information concerning risks and uncertainties
that could cause differences between actual results and
forward-looking statements is contained in our Securities and
Exchange Commission filings, including our Annual Report on Form
10-K for the fiscal year ended December 31, 2016. Caution should
be taken not to place undue reliance on our forward-looking
statements, which represent our views only as of April 4, 2017,
and which we have no current intention to update.
| Item 9.01 | Financial Statements and Exhibits. |
(d) Exhibits.
| Exhibit 99.1 | Investor Update | |
| Exhibit 99.2 |
Press Release dated April 4, 2017 titled Delta Reports Financial and Operating Performance for March 2017 |
About DELTA AIR LINES, INC. (NYSE:DAL)
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company’s operates through segments, including Airline Segment and Refinery Segment. The Airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and other ancillary airline services. The Refinery Segment produces gasoline, diesel and jet fuel. Its wholly owned subsidiaries, Monroe Energy, LLC and MIPC, LLC operate the Trainer refinery and related assets located near Philadelphia, Pennsylvania. The Company also offers cargo services, aircraft maintenance, repair and overhaul (MRO), staffing services for third parties, vacation wholesale operations and private jet operations. DELTA AIR LINES, INC. (NYSE:DAL) Recent Trading Information
DELTA AIR LINES, INC. (NYSE:DAL) closed its last trading session down -0.52 at 45.80 with 7,398,138 shares trading hands.
