Exhibit 12

DELTA AIR LINES, INC.
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(In millions, except ratios)





                                                                    Three Months       Three Months
                                                                        Ended              Ended
                                                                    September 30,      September 30,
                                                                        1998               1997
                                                                   ----------------   ----------------
                                                                                  
Earnings (loss):

             Earnings (loss) before income taxes                        $ 538             $ 418
Add (deduct):                                                                              
             Fixed charges from below                                                  
                                                                          211               170
             Interest capitalized                                                      
                                                                          (10)               (9)
                                                                        -----             -----
                                                                                       
Earnings (loss) as adjusted                                             $ 739             $ 579
                                                                                       
                                                                                       
Fixed charges:                                                                         
             Interest expense                                           $  49             $  50
                                                                                       
             Portion of rental expense representative of the                           
               interest factor                                                         
                                                                          162               120
                                                                        -----             -----
                                                                                       
Total fixed charges                                                                    
                                                                        $ 211             $ 170
                                                                                       
Ratio of earnings to fixed charges                                       3.50              3.41