Current Report Filing (8-k)
November 25 2014 - 9:52AM
Edgar (US Regulatory)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of the
Securities Exchange Act of 1934
Date of Report (Date of earliest event reported):
November 24, 2014
DELTA AIR LINES, INC.
(Exact name
of registrant as specified in its charter)
Delaware |
001-05424 |
58-0218548 |
|
(State or other jurisdiction
of incorporation) |
(Commission
File Number) |
(IRS Employer
Identification No.) |
P.O. Box 20706, Atlanta, Georgia 30320-6001
(Address of principal executive offices)
Registrant’s telephone number, including
area code: (404) 715-2600
Registrant’s Web site address: www.delta.com
Check the appropriate box below if the Form 8-K filing is intended
to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction
A.2. below):
[_] Written communications pursuant to Rule 425 under
the Securities Act (17 CFR 230.425)
[_] Soliciting material pursuant to Rule 14a-12 under
the Exchange Act (17 CFR 240.14a-12)
[_] Pre-commencement
communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
[_] Pre-commencement
communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 1.01 Entry into a Material Definitive Agreement
On November 24, 2014 Delta Air Lines, Inc.
(“Delta”) entered into a definitive agreement with Airbus S.A.S. to purchase 25 Airbus A350-900 aircraft and 25 Airbus
A330neo aircraft with deliveries beginning in 2017 and 2019, respectively. The order for 25 A350-900 aircraft and 25 A330-900neo
aircraft fits within Delta’s existing capacity and capital expenditure plan and continues the airline’s focus on making
prudent, cost-effective investments in its fleet. Delta has obtained committed long-term financing for a substantial portion of
the purchase price of each aircraft.
Statements
in this Form 8-K that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions,
projections or strategies for the future, may be “forward-looking statements” as defined in the Private Securities
Litigation Reform Act of 1995. All forward-looking statements involve a number of risks and uncertainties that could
cause actual results to differ materially from the estimates, expectations, beliefs, intentions, projections and strategies reflected
in or suggested by the forward-looking statements. These risks and uncertainties include, but are not limited to, the
cost of aircraft fuel; the availability of aircraft fuel; the impact of posting collateral in connection with our fuel hedge contracts;
the impact of significant funding obligations with respect to defined benefit pension plans; the restrictions that financial covenants
in our financing agreements will have on our financial and business operations; labor issues; interruptions or disruptions in service
at one of our hub airports; our dependence on technology in our operations; disruptions or security breaches of our information
technology infrastructure; the ability of our credit card processors to take significant holdbacks in certain circumstances; the
possible effects of accidents involving our aircraft; the effects of weather, natural disasters and seasonality on our business;
the effects of an extended disruption in services provided by third party regional carriers; failure or inability of insurance
to cover a significant liability at the Trainer refinery; the impact of environmental regulation on the Trainer refinery, including
costs related to renewable fuel standard regulations; our ability to retain management and key employees; competitive conditions
in the airline industry; the effects of extensive government regulation on our business; the effects of terrorist attacks; the
effects of the rapid spread of contagious illnesses; and the costs associated with war risk insurance.
Additional information concerning risks
and uncertainties that could cause differences between actual results and forward-looking statements is contained in Delta’s
Securities and Exchange Commission filings, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2013.
Caution should be taken not to place undue reliance on Delta’s forward-looking statements, which represent Delta’s
views only as of November 25, 2014, and which Delta has no current intention to update.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf
by the undersigned hereunto duly authorized.
|
DELTA AIR LINES, INC. |
|
|
|
By: |
/s/ Paul A. Jacobson |
|
|
Paul A. Jacobson Executive Vice President and Chief
Financial Officer |
Date: November
25, 2014
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