Investor Presentaiton

▲ DELTA International Equity Investments Joint venture with Virgin Atlantic allows Delta to significantly increase Heathrow presence . • Heathrow accounts for 85% of all travelers in the top 10 markets and 55% of travelers in the top 25 markets Joint venture creates instant step-function improvement in Delta's Heathrow scope and presence without added industry capacity London-Heathrow is the largest international destination for corporate travel - nearly three times larger than the next destination, Paris-Charles De Gaulle - - JFK-LHR is the largest US – International market and corporate revenue momentum allows Delta to maximize this opportunity Top 10 markets - US - Europe Annual passengers - 2012 U.S. Heathrow Seat Share New York - London 2.7 million Los Angeles - London 1.4 million Delta 8% New York - Paris 1.2 million Chicago London 1.2 million Virgin Atlantic 16% British Airways Newark - London 1.2 million 43% Boston London 1.0 million United Washington D.C. - London 1.0 million 14% Miami - London 0.9 million AMR San Francisco - London 0.9 million 16% Other New York - Frankfurt 0.7 million 3% 22 22

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