DELTA AIR LINES, INC. — Director's Dealing 2003

Dec 19, 2003

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: ORBITZ INC (ORBZ)
CIK: 0001173495
Period of Report: 2003-12-19

Reporting Person: DELTA AIR LINES INC /DE/ (10% Owner)
Reporting Person: OMICRON RESERVATIONS MANAGEMENT INC (10% Owner)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2003-12-19	Class A Common Stock	C	1281143	—	Acquired	1281143	Indirect
2003-12-19	Class A Common Stock	S	1281143	$26.00	Disposed	0	Indirect

Derivative Transactions

Date	Security	Exercise Price	Code	Shares	A/D	Expiration	Underlying	Ownership
2003-12-19	Class A LLC Units	$	C	6566253	Disposed		See Footnote (6566253)	Indirect
2003-12-19	Class B LLC Units	$	C	111	Disposed		Class A Common Stock or Series B- DL Common Stock (111)	Indirect
2003-12-19	Series B- DL Common Stock	$	C	5205647	Acquired		Class A Common Stock (5205647)	Indirect
2003-12-19	Series A Non-Voting Convertible Preferred Stock	$	C	79574	Acquired		Class A Common Stock (79574)	Indirect
2003-12-19	Series A Non-Voting Convertible Preferred Stock	$	S	79574	Disposed		Class A Common Stock (79574)	Indirect

Footnotes

F1: Reflects conversion of derivative security, exempt pursuant to Rule 16b-6(b)

F2: 1 for 1

F3: Immediate

F4: None

F5: 6,486,679 may be converted into Class A Common Stock or Series B- DL Common Stock and 79,574 may be converted into Series Non-Voting Convertible Preferred Stock

F6: The securities are owned directly by Omicron Reservations Management, Inc., a subsidiary of the Reporting Person

F7: Represents membership interests in Orbitz, LLC, which became an indirectly wholly-owned subsidiary of the Issuer following the conversion transaction reported herein