Investor Presentaiton

Strong Foundation Positions Delta Well For Recovery 2009 2014 2019 Domestic Net Brand strength and record customer satisfaction 15% 34% 51% Promoter Score Amex Cash More resilient, higher margin revenue streams $1.2B $2.0B $4.1B Contribution Interest and Focus on reducing financing costs $1.7B $0.9B $0.4B Pension Expense Hedge Fuel hedge Losses ($1.3B) ($0.1B) Pre-Tax Substantially stronger financial foundation Income ($1.1B) $4.5B $6.2B Note: Pre-tax income adjusted for special items; non-GAAP financial measures reconciled in Appendix A DELTA 8

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