Delta Air Lines, Inc. http://www.alacrastore.com/company-snapshot/Delta_Air_Lines_Inc-1004842 25 Nov 2009 03:43:59 EST 1004842 Delta Air Lines, Inc. en AlacraStore RSS Builder 1.0 30 http://www.alacrastore.com/research/moodys-global-credit-research-Battle_for_Japan_Airlines_Could_Weaken_Both_Delta_s_and_AMR_s_Credit_Strength-PBC_121338PBC_121338moodys/PBC_121338pdf23 Nov 2009 08:23:26 ESTpdfDelta Air Lines, Inc.Delta Air Lines, Inc.815082757815082757150.000023 Nov 2009NewsIssuer CommentC...November #### Issuer Comment Moody's Global Corporate Finance ­ Battle for Japan Airlines Could Weaken Both Delta's and AMR's Credit Strength... 230000551330559500600012549600012726600014105600014980639250815082757815250820245047UNITED STATESTRANSPORTATION815082757Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/research/creditsights-US_Airlines_Oct_09_Traffic_Load_Factor_on_Fire-9174391743cs/91743normArticleTemplateStrong load factor growth drives unit passenger revenues, not yield.abaublysbstudiosonalin_sayalrkingairtranamerican_airlinescontinental_airlinesdelta_air_linesjetbluesouthwest_airlinesunited_airlinesus_airwaysairtranamerican_airlinescontinental_airlinesdelta_air_linesjetbluesouthwest_airlinesunited_airlinesus_airways9174323 Nov 2009 03:09:14 ESTYes91743150CreditSights IncairlinestransportationairlinestransportationPublishedhigh_yieldhigh_yieldusAirlinesTrafficReviewUS Airlines Traffic Review558 US Airlines Oct ## Traffic: Load Factor on Fire PRASM decline bounces of the sub-basement floor. Traffic responds to lower yields. Atlantic load factor trends especially strong. Corporate travels budgets will drive #### margins....aeroplanair_canadaair_franceairbusairtranalaska_airalitaliaallegiant_travel_companyaloha_airlinesamerica_west_holdingamerican_airlinesarmstrong_worldataawasazulboeingboeing_capitalbombardierbritish_airwayscathay_pacific_airlinescontinental_airlinescopa_airlinesdelta_air_linesdeutsche_lufthansaeadsembraerexpressjetfamily_airlinesflyifrontier_airlinesgeneral_electricglobal_aviationgol_intelligent_airlineshawaiian_airlinesjapan_airlinesjetbluelan_airlinesmesa_airmesaba_aviationmidwest_airlinespinnacle_airlineqantas_airwaysrepublic_airlinesryanairsabre_holdingsskybusskyteamskywestsouthwest_airlinesswift_transportationtamunited_airlinesus_airwaysvarigvirginvirgin_americavirgin_bluewestjetCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Airlines_At_the_Mercy_of_FAA_Infrastructure-9168191681cs/91681normWWTemplaterkingairtranamerican_airlinescontinental_airlinesdelta_air_linessouthwest_airlinesunited_airlinesus_airwaysairtranamerican_airlinescontinental_airlinesdelta_air_linessouthwest_airlinesunited_airlinesus_airways9168120 Nov 2009 03:08:00 ESTYes91681150CreditSights IncairlinestransportationairlinestransportationPublishedhigh_yieldhigh_yieldWorthWatchingWorth Watching327 Airlines: At the Mercy of FAA Infrastructure Airlines remain at the mercy of the FAA's poor management of aviation infrastructure.  Politicians were quick to blame the recent snafu on antiquated systems, but the trigger was a bug with...aeroplanaeroplanair_canadaair_canadaair_franceair_franceairbusairbusairtranairtranalaska_airalaska_airalitaliaalitaliaallegiant_travel_companyallegiant_travel_companyaloha_airlinesaloha_airlinesamerica_west_holdingamerica_west_holdingamerican_airlinesamerican_airlinesarmstrong_worldarmstrong_worldataataawasawasazulazulboeingboeingboeing_capitalboeing_capitalbombardierbombardierbritish_airwaysbritish_airwayscathay_pacific_airlinescathay_pacific_airlinescontinental_airlinescontinental_airlinescopa_airlinescopa_airlinesdelta_air_linesdelta_air_linesdeutsche_lufthansadeutsche_lufthansaeadseadsembraerembraerexpressjetexpressjetfamily_airlinesfamily_airlinesflyiflyifrontier_airlinesfrontier_airlinesgeneral_electricgeneral_electricglobal_aviationglobal_aviationgol_intelligent_airlinesgol_intelligent_airlineshawaiian_airlineshawaiian_airlinesjapan_airlinesjapan_airlinesjetbluejetbluelan_airlineslan_airlinesmesa_airmesa_airmesaba_aviationmesaba_aviationmidwest_airlinesmidwest_airlinespinnacle_airlinepinnacle_airlineqantas_airwaysqantas_airwaysrepublic_airlinesrepublic_airlinesryanairryanairsabre_holdingssabre_holdingsskybusskybusskyteamskyteamskywestskywestsouthwest_airlinessouthwest_airlinesswift_transportationswift_transportationtamtamunited_airlinesunited_airlinesus_airwaysus_airwaysvarigvarigvirginvirginvirgin_americavirgin_americavirgin_bluevirgin_bluewestjetwestjetCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-US_Airlines_2Q09_Aircraft_Operating_Cost_Review-9168391683cs/91683normArticleTemplateControllable variable unit aircraft costs like aircraft crew and maintenance continue to climb Y-o-Y.abaublysrkingairtranalaska_airamerican_airlinescontinental_airlinesdelta_air_linesjetbluesouthwest_airlinesunited_airlinesus_airwaysairtranalaska_airamerican_airlinescontinental_airlinesdelta_air_linesjetbluesouthwest_airlinesunited_airlinesus_airways9168320 Nov 2009 03:08:00 ESTYes91683150CreditSights IncairlinestransportationairlinestransportationPublishedhigh_yieldhigh_yieldaircraftOperatingCostReviewAircraft Operating Cost Review523 US Airlines: #Q## Aircraft Operating Cost Review Unit aircraft operating costs ex fuel continued to increase Y-o-Y. Unit costs ex fuel decreased sequentially, foloowing the seasonal trend.. It remains difficult to have a positive...aeroplanaeroplanaeroplanair_canadaair_canadaair_canadaair_franceair_franceair_franceairbusairbusairbusairtranairtranairtranalaska_airalaska_airalaska_airalitaliaalitaliaalitaliaallegiant_travel_companyallegiant_travel_companyallegiant_travel_companyaloha_airlinesaloha_airlinesaloha_airlinesamerica_west_holdingamerica_west_holdingamerica_west_holdingamerican_airlinesamerican_airlinesamerican_airlinesarmstrong_worldarmstrong_worldarmstrong_worldataataataawasawasawasazulazulazulboeingboeingboeingboeing_capitalboeing_capitalboeing_capitalbombardierbombardierbombardierbritish_airwaysbritish_airwaysbritish_airwayscathay_pacific_airlinescathay_pacific_airlinescathay_pacific_airlinescontinental_airlinescontinental_airlinescontinental_airlinescopa_airlinescopa_airlinescopa_airlinesdelta_air_linesdelta_air_linesdelta_air_linesdeutsche_lufthansadeutsche_lufthansadeutsche_lufthansaeadseadseadsembraerembraerembraerexpressjetexpressjetexpressjetfamily_airlinesfamily_airlinesfamily_airlinesflyiflyiflyifrontier_airlinesfrontier_airlinesfrontier_airlinesgeneral_electricgeneral_electricgeneral_electricglobal_aviationglobal_aviationglobal_aviationgol_intelligent_airlinesgol_intelligent_airlinesgol_intelligent_airlineshawaiian_airlineshawaiian_airlineshawaiian_airlinesjapan_airlinesjapan_airlinesjapan_airlinesjetbluejetbluejetbluelan_airlineslan_airlineslan_airlinesmesa_airmesa_airmesa_airmesaba_aviationmesaba_aviationmesaba_aviationmidwest_airlinesmidwest_airlinesmidwest_airlinespinnacle_airlinepinnacle_airlinepinnacle_airlineqantas_airwaysqantas_airwaysqantas_airwaysrepublic_airlinesrepublic_airlinesrepublic_airlinesryanairryanairryanairsabre_holdingssabre_holdingssabre_holdingsskybusskybusskybusskyteamskyteamskyteamskywestskywestskywestsouthwest_airlinessouthwest_airlinessouthwest_airlinesswift_transportationswift_transportationswift_transportationtamtamtamunited_airlinesunited_airlinesunited_airlinesus_airwaysus_airwaysus_airwaysvarigvarigvarigvirginvirginvirginvirgin_americavirgin_americavirgin_americavirgin_bluevirgin_bluevirgin_bluewestjetwestjetwestjetCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/s-and-p-credit-research-Bulletin_Delta_Air_Lines_Inc_s_Possible_Funding_Of_Japan_Airlines_Corp_Will_Not_Affect_Ratings-758301758301spcred/758301normglobalstructured19 Nov 2009 06:28:00 EST100BulletinThe latest Bulletin from S&PUnited StatesAirlinesUnited StatesGlobal IssuersStructured FinanceBulletinUSA24736124736724736A24736B24736C24736Q24736T24736U20302010 203020 2030 20Delta Air Lines Inc.100654USADALBULLETINJPN20302010 203020 2030 20Japan Airlines Corp.366060ASIA9205@JPABSCORPFIGLOBISSLEVFINSTRUCTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/research/moodys-global-credit-research-Moody_s_says_Delta_s_B2_rating_unaffected_by_potential_investment_in_JAL-PR_190671_815082757PR_190671_815082757moodys/PR_190671_815082757html19 Nov 2009 05:18:41 ESThtmlDelta Air Lines, Inc.Japan Airlines International Co., Ltd.Northwest Airlines, Inc.Delta Air Lines, Inc.; Japan Airlines International Co., Ltd.; ...815082757423745559500815082757150.000018 Nov 2009NewsAnnouncementCGlobal Credit Research Announcement ## NOV #### Announcement: Delta Air Lines, Inc. Moody's says Delta's B# rating unaffected by potential investment in JAL New York, November ##, #### -- Moody's Investors Service said Delta Air Lines,...230000384400423745551330559500600009954600012549600012726600014105600014980600015632600067568639250746800815082757815250820245047JAPANUNITED STATESTRANSPORTATION600067568815082757Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/research/moodys-global-credit-research-Moody_s_assigns_ratings_to_Delta_Air_Lines_2009_1A_and_2009_1B_EETC_s-PR_190325_815082757PR_190325_815082757moodys/PR_190325_815082757html19 Nov 2009 05:18:38 ESThtmlDelta Air Lines, Inc.Delta Air Lines, Inc.815082757815082757150.000018 Nov 2009NewsRating ActionCGlobal Credit Research Rating Action ## NOV #### Rating Action: Delta Air Lines, Inc. Moody's assigns ratings to Delta Air Lines ####-#A and ####-#B EETC's Approximately $### million of pass through certificates rated New York, November...230000551330559500600012549600012726600014105600014980639250815082757815250820245047UNITED STATESTRANSPORTATION815082757Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/research/moodys-global-credit-research-Delta_s_B2_corporate_family_rating_is_not_affected_by_potential_investment_in_JAL-CMT_0000515716CMT_0000515716moodys/CMT_0000515716html19 Nov 2009 05:18:35 ESThtmlDelta Air Lines, Inc.Delta Air Lines, Inc.815082757815082757150.000018 Nov 2009NewsIssuer CommentCGlobal Credit Research Issuer Comment ## NOV #### Issuer Comment: Delta Air Lines, Inc. Delta's B# corporate family rating is not affected by potential investment in JAL The ongoing discussions by Delta Air Lines, Inc., ("Delta") along...230000551330559500600012549600012726600014105600014980639250815082757815250820245047UNITED STATESTRANSPORTATION815082757Credit & Investment ResearchMoody's Global Credit Researchhttp://www.alacrastore.com/research/creditsights-Delta_Air_Lines_Refinancing_the_2000_1_EETC-9161091610cs/91610normWWTemplaterkingdelta_air_linesdelta_air_lines9161019 Nov 2009 03:18:32 ESTYes91610150CreditSights Incunited_statesunited_statesairlinestransportationairlinestransportationPublishedhigh_yieldhigh_yieldWorthWatchingWorth Watching210 Delta Air Lines: Refinancing the ####-# EETC Delta Air Lines issued a new EETC with an A/B structure to take out its legacy ####-# EETC with essentially the same collateral plus four new aircraft.  In ####, when the aircraft were five...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/fitch-ratings-Fitch_Takes_Various_Rating_Actions_on_Delta_EETCs-538338_pr_frame538338_pr_framefitch/538338_pr_framehtmlDelta Air Lines, Inc.Northwest Airlines Inc8034883380361461816970658169707181697077862623458739617418 Nov 2009 07:07:00 EST010308000301100185Press ReleaseDALFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.ARGDEUESPGBRINDMEXRUSUSA01010000010101000102000001030000010310000202000003000000030100000301080003011000030110010302000003030000040000000401000004020000Credit & Investment ResearchFitch Researchhttp://www.alacrastore.com/research/s-and-p-credit-research-Delta_Air_Lines_Pass_Through_Certificates_Assigned_Ratings_Other_Certificate_Ratings_Are_Lowered-758079758079spcred/758079normglobalstructured18 Nov 2009 06:21:00 EST100Ratings ActionThe latest Ratings Action from S&PUnited StatesAirlinesUnited StatesGlobal IssuersStructured FinanceRatings ActionUSA24736124736724736A24736B24736C24736Q24736T24736U20302010 203020 2030 20Delta Air Lines Inc.100654USADALRATING_ACTIONABSCORPFIGLOBISSLEVFINSTRUCTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/research/s-and-p-credit-research-Research_Update_Delta_Air_Lines_Pass_Through_Certificates_Are_Assigned_Ratings_Other_Certificate_Ratings_Lowered-758080758080spcred/758080normglobalstructured18 Nov 2009 06:21:00 EST175Research UpdateThe latest Research Update from S&PUnited StatesAirlinesUnited StatesGlobal IssuersStructured FinanceResearch UpdateUSA24736124736724736A24736B24736C24736Q24736T24736U20302010 203020 2030 20Delta Air Lines Inc.100654USADALRESUPDABSCORPFIGLOBISSLEVFINSTRUCTransportationCredit & Investment ResearchS&P Credit Researchhttp://www.alacrastore.com/research/creditsights-Delta_Air_Lines_Ups_the_JAL_Ante-9156391563cs/91563normWWTemplaterkingamerican_airlinesdelta_air_linesjapan_airlinesamerican_airlinesdelta_air_linesjapan_airlinesjapanjapan9156318 Nov 2009 12:08:14 ESTYes91563150CreditSights Incasiaunited_statesasiaunited_statesairlinestransportationairlinestransportationPublishedcompanies_withnvertibleshigh_yieldcompanies_withnvertibleshigh_yieldWorthWatchingWorth Watching127 Delta Air Lines: Ups the JAL Ante Delta Air Lines comes over AMR's JAL bid of $### million with a raise to $### million, plus other incentives to make an alliance shift to SkyTeam potentially worth $# billion.  It makes more sense for...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Airlines_FAA_Roadmap_to_Nowhere-9134091340cs/91340normWWTemplaterkingairtranalaska_airamerican_airlinescontinental_airlinesdelta_air_linesjetbluesouthwest_airlinesunited_airlinesus_airwaysairtranalaska_airamerican_airlinescontinental_airlinesdelta_air_linesjetbluesouthwest_airlinesunited_airlinesus_airways9134013 Nov 2009 03:10:21 ESTYes91340150CreditSights IncairlinestransportationairlinestransportationPublishedhigh_yieldhigh_yieldWorthWatchingWorth Watching289 Airlines: FAA Roadmap to Nowhere Airlines still suffer from government over/underregulation.  The new FAA honcho wants to create a roadmap for the future of the aviation industry, but in typical fashion he just convened a closed-door...aeroplanair_canadaair_franceairbusairtranalaska_airalitaliaallegiant_travel_companyaloha_airlinesamerica_west_holdingamerican_airlinesarmstrong_worldataawasazulboeingboeing_capitalbombardierbritish_airwayscathay_pacific_airlinescontinental_airlinescopa_airlinesdelta_air_linesdeutsche_lufthansaeadsembraerexpressjetfamily_airlinesflyifrontier_airlinesgeneral_electricglobal_aviationgol_intelligent_airlineshawaiian_airlinesjapan_airlinesjetbluelan_airlinesmesa_airmesaba_aviationmidwest_airlinespinnacle_airlineqantas_airwaysrepublic_airlinesryanairsabre_holdingsskybusskyteamskywestsouthwest_airlinesswift_transportationtamunited_airlinesus_airwaysvarigvirginvirgin_americavirgin_bluewestjetCredit & Investment ResearchCreditSightshttp://www.alacrastore.com/storecontent/bir/302404302404bir/302404norm2417Delta Air Lines Inc.Delta Technology Inc.Delta Connection Inc.United States12 Nov 2009 06:28:53 ESTDelta Air Lines Inc. was founded in 1928 and later incorporated under the laws of the State of Delaware. The company is a major air carrier that provides scheduled air transportation for passengers and cargo throughout the U.S. and around the world. As ofNYSE481111M4512IDALDelta Air Lines Inc. was founded in 1928 and later incorporated under the laws of the State of Delaware. The company is a major air carrier that provides scheduled air transportation for passengers and cargo throughout the U.S. and around the world. As ofCompany Profiles & FinancialsGale Company Profileshttp://www.alacrastore.com/research/creditsights-American_Airlines_JAL_Resolution_Delayed-9060390603cs/90603normWWTemplaterkingamerican_airlinesdelta_air_linesamerican_airlinesdelta_air_lines9060330 Oct 2009 03:09:43 ESTYes90603150CreditSights Incunited_statesunited_statesairlinestransportationairlinestransportationPublishedcompanies_withnvertibleshigh_yieldcompanies_withnvertibleshigh_yieldWorthWatchingWorth Watching107 American Airlines: JAL Resolution Delayed American Airlines and DAL have more time to influence the JAL restructuring.  The Japanese government was unable to resolve the restructuring issues by its Friday deadline, so it formed a committee...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-American_Airlines_JAL_Talk_is_Cheaper_Than_Cash-9051590515cs/90515normWWTemplaterkingamerican_airlinesdelta_air_linesjapan_airlinesamerican_airlinesdelta_air_linesjapan_airlines9051529 Oct 2009 03:16:54 ESTYes90515150CreditSights Incunited_statesunited_statesairlinestransportationairlinestransportationPublishedcompanies_withnvertibleshigh_yieldcompanies_withnvertibleshigh_yield American Airlines: JAL Talk is Cheaper Than Cash American Airlines tries to maintain JAL in the oneworld alliance for the least amount of investment.  AMR and DAL were rumored to be throwing cash at JAL to be part of its restructuring,...WorthWatchingWorth Watching262Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-US_Airways_Forced_into_Network_Shrinkage-9052090520cs/90520normWWTemplaterkingamerica_west_holdingamerican_airlinescontinental_airlinesdelta_air_linesus_airwaysus_airwaysamerica_west_holdingamerican_airlinescontinental_airlinesdelta_air_lines9052029 Oct 2009 03:16:54 ESTYes90520150CreditSights Incunited_statesunited_statesairlinestransportationairlinestransportationPublishedcompanies_withnvertibleshigh_yieldcompanies_withnvertibleshigh_yieldWorthWatchingWorth Watching391 US Airways: Forced into Network Shrinkage US Airways shrinks incrementally into core Charlotte, Phoenix, and Philadelphia hubs to lower overhead.  The plan is to close a few RJ spoke destinations, shrink Boston, fully dehub Las Vegas,...Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/creditsights-Delta_Air_Lines_3Q09_Poised_For_A_Long_Wait-9023190231cs/90231normArticleTemplateDAL is hunkered down for a long haul, longer than its comps can maintain.abaublysbstudiosonalin_sayalrkingdelta_air_linesdelta_air_lines9023123 Oct 2009 03:09:43 ESTYes90231150CreditSights Incunited_statesunited_statesairlinestransportationairlinestransportationPublishedearningshigh_yieldearningshigh_yieldEarningsNoteEarnings Note910 Delta Air Lines #Q##: Poised For A Long Wait Revenue declines were in line with the industry. CASM ex fuel below #¢ significantly outperforms network comps. Unrestricted cash is $#.# billion. Network synergies kick in during ####....Credit & Investment ResearchCreditSightshttp://www.alacrastore.com/research/fitch-ratings-Fitch_Pension_Contributions_Remain_a_Credit_Concern_for_U_S_Corporate_Issuers_in_2009_10-521616_pr_frame521616_pr_framefitch/521616_pr_framehtmlAlcoa Inc.American Airlines, Inc.AMR CorporationAT&T Inc.Caterpillar Inc.Chevron CorpDelta Air Lines, Inc.E. I. du Pont de Nemours & CompanyElectronic Data Systems, LLCExxon Mobil CorporationFederal Express CorporationFedEx CorporationFord Motor CompanyGeneral Dynamics CorporationHewlett-Packard CompanyHewlett-Packard International Bank PlcHoneywell International Inc.International Business Machines CorpJohnson & JohnsonLockheed Martin CorporationNorthrop Grumman CorporationNorthwest Airlines IncPfizer Inc.Qwest Communications International, Inc.Raytheon CompanyRohm & Haas CompanyThe Dow Chemical CompanyUnion Carbide CorporationUnited States Steel Corporation (U.S. Steel)United Technologies CorporationXerox Corporation8008899580089053800891748008918180089226800892888009020280090570800909388009093980091026800910538009114880091150803613878036138880361461803614628036150280361630803616528036170980361716804205688050379580538734808438848141525483589265835894688739617422 Oct 2009 02:16:00 EST01010100010304000103050001030600010308000103100001031100010312000103130001031400010315000103170085Press ReleaseAAAMRCATCVXDALDDDOWFFDXGDHONHPQIBMJNJLMTNOCPFEQRTNTUTXXXOMXRXFitch Ratings is a leading global rating agency committed to providing the world's credit markets with independent, timely and prospective credit opinions. Built on a foundation of organic growth and strategic acquisitions, Fitch Ratings has grown rapidly during the past decade gaining market presence throughout the world and across all fixed income markets.ARGDEUESPGBRINDMEXRUSUSA010100000101010001020000010300000103010001030300010304000103050001030600010307000103080001031000010311000103120001031300010314000103150001031700010324000202000003000000030100000301080003020000030300000400000004020000Credit & Investment ResearchFitch Research