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Previous: DELTA AIR LINES INC /DE/, 10-Q, 2000-11-14 |
Next: DELTA AIR LINES INC /DE/, 10-Q, EX-15, 2000-11-14 |
<PAGE> 1
DELTA AIR LINES, INC.
STATEMENT REGARDING COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES
(IN MILLIONS, EXCEPT RATIOS)
--------------------------------------------------------------------------------
<TABLE>
<CAPTION>
Three Months Three Months
Ended Ended
September 30 September 30
2000 1999
------------ ------------
<S> <C> <C>
Earnings:
Earnings before income taxes $ 392 $ 569
Add (deduct):
Fixed charges from below 262 202
Interest capitalized (12) (13)
------------ ------------
Earnings as adjusted $ 642 $ 758
Fixed charges:
Interest expense $ 105 $ 66
Portion of rental expense representative of the
interest factor 157 136
------------ ------------
Total fixed charges $ 262 $ 202
Ratio of earnings to fixed charges 2.45 3.75
</TABLE>
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