DELTA AIR LINES, INC. — Director's Dealing 2008

Mar 4, 2008

SEC Form 4 — Statement of Changes in Beneficial Ownership

Issuer: DELTA AIR LINES INC /DE/ (DAL)
CIK: 0000027904
Period of Report: 2008-03-01

Reporting Person: ANDERSON RICHARD H (Director, Chief Executive Officer)

Non-Derivative Transactions

Date	Security	Code	Shares	Price	A/D	Holdings After	Ownership
2008-03-01	Common Stock	F	40889	$13.35	Disposed	311011	Direct

Footnotes

F1: Represents shares withheld to pay tax withholding obligations from the lapse of the restrictions on a portion of the restricted stock granted to Mr. Anderson on September 1, 2007. 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 227,933 shares of restricted stock on which the restrictions have not lapsed.