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DELTA AIR LINES, INC. Director's Dealing 2007

Nov 1, 2007

30081_dirs_2007-11-01_47e8756d-7dfa-4b3f-9862-47a3bb675312.zip

Director's Dealing

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SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELTA AIR LINES INC /DE/ (DAL)
CIK: 0000027904
Period of Report: 2007-10-30

Reporting Person: Macenczak Lee A (EVP - Sales and Marketing)

Non-Derivative Transactions

Date Security Code Shares Price A/D Holdings After Ownership
2007-10-30 Common Stock F 19301 $20.68 Disposed 117099 Direct
2007-10-31 Common Stock S 1400 $20.60 Disposed 115699 Direct
2007-10-31 Common Stock S 100 $20.605 Disposed 115599 Direct
2007-10-31 Common Stock S 300 $20.618 Disposed 115299 Direct
2007-10-31 Common Stock S 100 $20.619 Disposed 115199 Direct
2007-10-31 Common Stock S 2400 $20.62 Disposed 112799 Direct
2007-10-31 Common Stock S 100 $20.625 Disposed 112699 Direct
2007-10-31 Common Stock S 900 $20.629 Disposed 111799 Direct
2007-10-31 Common Stock S 10000 $20.63 Disposed 101799 Direct
2007-10-31 Common Stock S 100 $20.635 Disposed 101699 Direct
2007-10-31 Common Stock S 700 $20.639 Disposed 100999 Direct
2007-10-31 Common Stock S 266 $20.64 Disposed 100733 Direct
2007-10-31 Common Stock S 400 $20.645 Disposed 100333 Direct
2007-10-31 Common Stock S 6200 $20.65 Disposed 94133 Direct
2007-10-31 Common Stock S 200 $20.66 Disposed 93933 Direct
2007-10-31 Common Stock S 100 $20.665 Disposed 93833 Direct
2007-10-31 Common Stock S 500 $20.668 Disposed 93333 Direct
2007-10-31 Common Stock S 1100 $20.67 Disposed 92233 Direct
2007-10-31 Common Stock S 200 $20.68 Disposed 92033 Direct
2007-10-31 Common Stock S 600 $20.717 Disposed 91433 Direct
2007-10-31 Common Stock S 500 $20.725 Disposed 90933 Direct

Footnotes

F1: Represents shares withheld to pay tax withholding obligations to appropriate taxing authorities from the lapse of the restrictions on a portion of Reporting Person's restricted stock. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b(d)(1) and 16b-3(e).

F2: Includes 90,933 shares of restricted stock on which the restrictions have not lapsed.