DELTA AIR LINES, INC. — Director's Dealing 2004

Feb 26, 2004

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELTA AIR LINES INC /DE/ (DAL)
CIK: 0000027904
Period of Report: 2004-02-24

Reporting Person: BURNS M MICHELE (EVP & CFO)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2004-02-24	Common Stock	A	1920	—	Acquired	26295	Direct

Footnotes

F1: Shares earned by the reporting person under Delta's performance-based stock program for a three-year performance cycle that began January 1, 2001 and ended December 31, 2003. The number of shares earned was determined based on Delta's DOT Performance Rank and Total Shareholder Return Rank relative to nine peer companies at the end of the three-year performance cycle. The Personnel & Compensation Committee of Delta's Board of Directors certified the Company's performance under the relevant performance measures on February 24, 2004.