Delta Ninth Largest Bankruptcy Filing Largest in 2005, According to BankruptcyData.com

Business Wire, Sept 15, 2005

BOSTON -- With total assets of $21,801,000,000 (as reported on its latest Annual Report on Form 10-K) Delta Air Lines, Inc. (DAL) became the largest corporation to file for bankruptcy in 2005 and the ninth largest public company bankruptcy in history, according to www.BankruptcyData.com, a Boston-based web site published by New Generation Research, Inc. Delta's September 14th bankruptcy filing also represents the second largest airline filing of all time. To date, the largest airline to file for Chapter 11 is UAL Corp. (UALAQ) who listed $25,197,000,000 in assets at the time of their December 9, 2002 filing.

Delta's filing, along with yesterday's Northwest Airlines Corporation Chapter 11 filing, means that four major airline carriers are now under bankruptcy protection. Those four airlines, US Airways Group, Inc. (UAIRQ), Delta (DAL), Northwest (NWAC), and UAL Corp. (UALAQ), listed a total of $63,696,000,000 in assets upon filing. To date, the total assets of the 61 publicly traded companies filing for bankruptcy in 2005, including Delta, now sits at $53,492,000,000 according to www.BankruptcyData.com.

The largest airline filings 1980 - 2005:

Company                                   Ch. 11 Date           Assets
----------------------------------------- ----------- ----------------
UAL Corp. (UALAQ)                           09-Dec-02 $25,197,000,000
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Delta Air Lines, Inc. (DAL)                 14-Sep-05 $21,801,000,000
----------------------------------------- ----------- ----------------
Northwest Airlines Corporation (NWAC)       14-Sep-05 $14,042,000,000
----------------------------------------- ----------- ----------------
US Airways Group, Inc. (UAIRQ)              12-Sep-04  $8,349,000,000
----------------------------------------- ----------- ----------------
US Airways Group, Inc. (UAIRQ)              11-Aug-02  $7,941,000,000
----------------------------------------- ----------- ----------------
Continental Airlines Holdings, Inc. (CAL)   03-Dec-90  $7,656,140,000
----------------------------------------- ----------- ----------------
Eastern Air Lines, Inc. (Liquidated)        09-Mar-89  $4,037,000,000
----------------------------------------- ----------- ----------------
Trans World Airlines, Inc. (TWAIQ)          31-Jan-92  $2,864,530,000
----------------------------------------- ----------- ----------------

Additional information and continued coverage of the Delta Air and Northwest bankruptcy filings is available at www.BankruptcyData.com.

BankruptcyData.com provides news, financial history, creditor information, reorganization details and more for over 2000 publicly-traded companies that have filed for bankruptcy protection, dating back to 1980. The extensive database, which tracks all publicly-traded bankruptcies, can be searched by assets, industry, filing date or company name. Professional retention information is also available.

For additional information: www.BankruptcyData.Com, 225 Friend St. Boston, MA 02114, telephone (617) 573-9550, customersupport@bankruptcydata.com.