Exhibit 99.2


                                                        INTERNAL MEMORANDUM

                                                        DATE: September 14, 2005

TO:               All Delta Employees

FROM:             Jerry Grinstein, Chief Executive Officer

SUBJECT:          DELTA'S FINANCIAL REORGANIZATION UNDER CHAPTER 11

At the unanimous direction of Delta's Board of Directors, our company took a
necessary and responsible step to secure Delta's future by voluntarily filing to
reorganize under Chapter 11 of the U.S. Bankruptcy Code. The decision to file
allows us to address the company's financial challenges immediately and in the
short-term, while continuing our work together to position this great company
for the long-term.

It is important for everyone to know that Delta is open for business as usual.
Delta will continue to provide superior customer service, and we plan to:


o       provide employee wages, healthcare coverage, vacation, sick leave and
        similar benefits without interruption;
o       fly our full schedules;
o       honor tickets and reservations, and make refunds and exchanges as usual;
o       maintain our award-winning SkyMiles and other customer service programs;
        and
o       pay our suppliers for goods and services we receive during our
        reorganization.


As always, our passengers can count on us for their business and leisure travel.
Our cargo customers can depend on their shipments arriving when and where they
need to be. With your help, our customers will see no change in the airline they
depend on. And, knowing Delta people, I am confident our customer focus - the
hallmark of our airline - will be stronger than ever.

So why did we voluntarily decide to restructure through the courts now, when we
have worked so hard for so long to recover on our own? Simply put, persistent
record-high fuel prices and the aggressive pricing pressures brought on by
low-cost carriers (LCCs) intent on beating us outpaced and masked the
significant progress we've made with our Transformation Plan. Despite everyone's
sacrifice and the significant improvements we are making together, unless we
took this step we soon would no longer have had enough cash to run our
operation, pay our bills and protect our assets.

In many ways, the Chapter 11 process is beneficial to us. The process lets us
continue normal business operations while we restructure our debt and other
obligations, and involves other Delta stakeholders in ways that otherwise would
not have been available to us. In light of our current financial situation, it
is the path Delta needs to take to survive now and become a competitive force
and a strong company in the future. Make no mistake; this is exactly what we
intend to do.

We have come a very long way since our restructuring efforts began in 2001.
Boldly and innovatively, and in the overall context of our comprehensive
Transformation Plan, we have undertaken cost-cutting initiatives and massive
network, scheduling and operational improvements - without adversely impacting




Delta's Financial Reorganization under Chapter 11
September 14, 2005
Page 2



our revenue-generating ability or our renowned customer service - a feat few
have attempted and even fewer thought possible. Remarkably, Delta people have
implemented initiatives to achieve approximately 85 PERCENT of our targeted
benefits, and are AHEAD OF SCHEDULE to meet our goal of delivering $5 billion
per year in financial benefits by the end of 2006 as compared to 2002.

In what is an enormous testament to Delta people and their strong commitment to
customer service, during this same period of intense transformation, Delta was
selected "Most Preferred" by business travelers*, our SkyMiles program was voted
best in a survey by TRAVEL SAVVY magazine, and our self-service kiosks were
singled out as tops in the industry by an independent research firm.

Though our efforts couldn't overcome the unpredicted and unprecedented cost of
fuel and the cost pressures brought on by LCCs, which compete with us for more
than 70 percent of our domestic revenues, our Transformation Plan IS on track
and delivering its targeted benefits, and our customer service has improved
dramatically. Thanks to everyone's sacrifice and tremendous effort, we have
achieved a great deal in which we can and should take much pride.

To further underscore confidence in our progress, our people and our plan going
forward, Delta recently obtained from a group of lenders significant
debtor-in-possession financing commitments. This financing is necessary to help
support our business during the Chapter 11 process, and would not have been made
available to us unless the lenders believed our plan is viable and that we can
execute it. We are hopeful of finalizing and receiving bankruptcy court approval
of this financing very shortly.

As we deal with our financial challenges, it is important to keep in mind that
Delta - the world's second-largest passenger airline, the leading U.S. carrier
across the Atlantic and the third largest carrier to Latin America - has
formidable strengths: Delta people and the customer loyalty their superior
service inspires; the significant network advantages derived from the world's
largest hub supported by our Cincinnati, Salt Lake City and New York-JFK hubs
and many focus cities; Song - our award-winning, low-fare air service; and
Delta's cutting-edge, passenger-friendly technology are but a few of our
distinguishing assets.

And yet, as other airlines' Chapter 11 experiences have shown, restructuring
will not be painless. There is no question that there will be additional
hardship before we begin to see improvement, and that is why we are determined
to move forward together fairly and equitably. As Delta becomes a leaner, more
productive company that can provide stable and rewarding opportunities for its
people in the long-term, much more change and sacrifice will be required in the
near-term. Our financial condition has reached a point where further job
reductions and changes to pay and benefits - coupled with the substantial
network and operational improvements and contributions from many other Delta
stakeholders - are necessary to help save our company.

Understandably, in view of our circumstances, people also are concerned about
their pensions. Delta has been doing everything it can, within the bounds of
what it can afford, to continue to provide its active and retired Delta people
with already earned qualified retirement plan benefits. Given our financial
situation and the need to preserve as much cash as possible for our operations,
we do not plan to make the qualified defined benefit pension funding
contributions soon due. Neither filing for Chapter 11 nor missing contributions
means that our qualified plans stop paying monthly retirement benefits or that
we have initiated the process to terminate the plans. Nor does either action
mean we have stopped pursuing pension reform legislation that might make the
pension plans more affordable.





Delta's Financial Reorganization under Chapter 11
September 14, 2005
Page 3



But to be clear, there can be no guarantees - even with pension reform - because
of growing financial pressures. Low-cost carriers do not provide defined benefit
plans, and network carriers restructuring through the bankruptcy process have
transferred their defined benefit pension plans to the Pension Benefit Guaranty
Corporation. Ultimately, what we can afford in the future airline business
environment, as well as the nature of any legislation, will determine what is
possible.

Given these hard truths, it is important that you know we want to recognize your
sacrifice and commitment. Any changes in pay and benefits will be in the context
of a comprehensive business plan that is equitable and involves other Delta
stakeholders, and that provides you with an opportunity to share in any success
you help make possible through an enhanced Shared Rewards program. By tying our
compensation more closely to our company's performance, Delta people at every
level and across all work groups will have a greater ability than they do now to
benefit from the company's financial recovery and operational excellence.

We will provide you with more detail as soon as we can - possibly as early as
next week - because we want you to be able to make career decisions and future
life plans with confidence and the best information available.

There have been other difficult times in Delta's history, and the company has
always turned to its people to ensure safety, to provide quality passenger
service and to go the extra mile. I am confident that this will be no exception,
and just like in the past, Delta people will set a new standard of excellence
for the future.

As Delta rises to meet new challenges, I am certain some things will never
change. Our resolve to keep flying while upholding the highest standards of
safety and service will not falter. Our commitment to the principle that Delta
people will share in any success their sacrifice helps make possible will not
waver. Our gratitude for the loyalty of our customers and the support of the
communities we serve will not subside. And, our pride in this great company and
in one another will not be shaken. Together, we will show the world a different
way - the Delta way.

                                                 /s/ Jerry Grinstein
                                                     Jerry Grinstein