Delta Air Lines (DAL) 10-K2008 FY Annual report

Filed: 2 Mar 09, 12:00am

Content analysis

Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability	H.S. freshman Avg

New words: Aerea, AFA, airframe, Airlink, AMFA, Amsterdam, attention, Baltimore, banc, barrel, Becker, beneficiary, beta, bostock, broaden, broadly, build, building, Burger, buy, Canada, CAPM, catering, Chisholm, choose, commodity, Compagnia, complementary, complex, complicated, Concourse, contrast, coupled, Dakota, decade, deicing, demonstrated, dental, devote, difficult, disciplined, downtown, downturn, dramatically, Eagan, ease, east, Edition, electromechanical, Elite, emphasize, en, engler, escrow, eventual, feasible, feed, felt, fluctuated, folded, foret, Fraternal, gas, great, Gulfstream, Halter, Hank, Hawaiian, Hirst, Home, hotel, hovered, Hungarian, Ibbotson, impede, indemnification, Inflation, input, invoke, invoked, IRS, Italiana, Japanese, KB, King, LAN, leading, lifetime, lived, loyalty, LPS, Malev, Maryland, Mesaba, Metropolitan, mickey, midwest, Minnesota, Minot, mountain, MRO, narrowbody, notional, NW, NWA, onset, overhaul, pair, parcel, pari, parking, passu, Paul, plc, premier, proceed, prudently, rebalanced, recession, reconciliation, reevaluated, regular, rehearing, repair, rest, Retention, rodney, roy, Ryanair, SA, seasonality, situation, sizable, slater, spanning, spiked, steenland, student, synergy, TAM, temporarily, threshold, tie, traditionally, turmoil, unencumbered, Unexpected, unfavorable, unfavorably, unfunded, unhedged, upheld, viable, view, weakened, weakening, weaker, weakest, west, whichever, wide, wind, worsen, worsening, Yearbook, yen

Removed: applying, appointed, assist, automatically, Avianca, avoid, Bombardier, Boston, briefly, Caribbean, ceased, Chicago, confirmed, Congressional, constant, curtailment, defendant, deloitte, divest, doubt, Eastern, Electric, entering, entrant, ESOP, expanding, formula, founding, freeze, frequency, guarantee, hourly, immaterial, intellectual, intent, interline, investigated, junior, Kennedy, leasehold, led, lesser, Logan, lump, mandatory, Massport, merit, modify, nonstop, originally, Paper, personal, phone, prepay, punitive, RAIC, rapidly, ratified, redevelopment, Refunding, registration, reimbursement, reject, rejected, removal, repaid, repossession, restructured, retire, retiring, salary, SEC, shareowner, shifting, shortly, show, simplifying, storage, subsidized, subsidy, substitute, syndicate, tentative, thirty, touche, transformation, unaffiliated, undersecured, unflown, unpaid, unwanted, weekly

Search this filing

Filing tables

Export all tables to Excel

Filing exhibits

Related press release

DAL similar filings

Filing view

Default size S M L
Default font Times Arial

External links

Share this filing

Exhibit 12.1

Delta Air Lines, Inc.

Computation of Ratio of Earnings to Fixed Charge


	Successor						Predecessor
		Year Ended December 31, 2008			Eight Months Ended December 31, 2007			Four Months Ended April 30, 2007			Year Ended December 31,
(in millions, except for ratio data)		Year Ended December 31, 2008			Eight Months Ended December 31, 2007			Four Months Ended April 30, 2007		2006			2005			2004

(Loss) earnings:
(Loss) earnings before income taxes	$	(9,041	)	$	525		$	1,294		$	(6,968	)	$	(3,859	)	$	(3,992	)

Add (deduct):
Fixed charges from below		810			432			285			970			1,274			1,126
Capitalized interest		(23	)		(8	)		(3	)		(8	)		(9	)		(10	)

(Loss) earnings as adjusted	$	(8,254	)	$	949		$	1,576		$	(6,006	)	$	(2,594	)	$	(2,876	)


Fixed Charges:
Interest expense, including capitalized amounts and amortization of debt costs		728			398			265			878			1,041			834
Preference security dividend		—			—			—			2			18			19
Portion of rental expense representative of the interest factor		82			34			20			90			215			273

	$	810		$	432		$	285		$	970		$	1,274		$	1,126


Ratio of Earnings to Fixed Charges		(10.19	)		2.20			5.53			(6.19	)		(2.04	)		(2.55	)