Investor Presentaiton

Unlocking Value from Portfolio Businesses Through Partnerships ▲ DELTA PRIVATE JETS Ⓡ WHEELS UP ● DPJ combining with Wheels Up to create one of the world's largest owned and managed fleets of private aircraft - - Brings together complementary businesses representing best consumer brands in private and commercial aviation Delta entering into a long-term partnership agreement with Wheels Up Delta will hold a minority equity position in the combined company Demonstrates ability to leverage Delta brand into adjacent industry ADELTA 32

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