9 June 2014 Airlines Delta Air Lines, Inc. Model updated:00 June 2014 1i:tr.:rung the nisi, ityke. North America United States Airlines Delta Air Lines, Inc. Reuters: DAL .N Buy Price (6 Jun 141 Target Price 52 Week range Market Cap (ml Bloomberg: DAL US USD 42.23 USD 48.00 USD 17.36 -42.23 USDm 35.642 EURm 26.132 Profile Atkentaberod Delta Air Lines. serving more than 160 million customers each yew. is the largest airline in the vrorld With its vast global ninvrtirk end east of road, 800 aircraft Delia and de Delta Connection canners offer *nem to more then 350 destinations in needy 70 countries on sit conenems A founding member of the SkyTearn global alliance. Delta parsnips*, in one of the sroustry. lead,* transatlantic p.m velum* with Air France-KLM PI Ica Ferlormancu 50 40 — 30 20 10 0 Jim '2 Ike 12 Jim 13 Dec 13 Dela 44 Lan. at. SIA601111091tItbimal Trendy 4 uveth & ProfilottEily 14 12 10 6 4 2 0 1144•44444CU4S) — 04 44.44.440410. oymoNime 444•4 awe, IRMO Michael I menbrirg .1 212 250-9254 body text Page 2 300 250 200 150 100 50 0 Fiscal yew en, 2' >. rt nuinekg S :, 0B EPS IUSD) Repotted EPS (USD) DPS (USDI 8VPS11.401 oi ion Morns. Price/Sobs Oil P/E108)14 p/E tRegenedilx) P/BV1, / FCF yield MAI Dividend Weld 1961 EV/Sabs EV/EIIITDA EV/E8IT Ii cos" fitairmiont it/SIMS Sees EBITDA EMT Pre-tax pro* Net income (3ish flow II/SC*0 Cash flow from operations Net Cepex Free cash flow Sourly resed4beugro Nal Dividends paid Net 0140044184 0000W1000 Other mnisting/farcencing cash Rows Net cash flow Chong* In worthy apical I Balance .9114,10.60m1 Cash and ash equrvalente Properly. plant & equipment Goodwill Other nee* Total assets Debt Other lirooltnes Total liabilities Total sharetsrosro *PAY Mx debt hov Cerro:any Metrics Sales growth (3) D8 EPS growth 116) Payout ratio OM EBITDA Margin PSI EMT Margin 4%) ROE (%) Net cleteittoety 1%1 Net interes