<SEC-DOCUMENT>0001019687-12-000347.txt : 20120206
<SEC-HEADER>0001019687-12-000347.hdr.sgml : 20120206
<ACCEPTANCE-DATETIME>20120206163420
ACCESSION NUMBER:		0001019687-12-000347
CONFORMED SUBMISSION TYPE:	4
PUBLIC DOCUMENT COUNT:		1
CONFORMED PERIOD OF REPORT:	20120202
FILED AS OF DATE:		20120206
DATE AS OF CHANGE:		20120206

REPORTING-OWNER:	

	OWNER DATA:	
		COMPANY CONFORMED NAME:			CAMPBELL MICHAEL H
		CENTRAL INDEX KEY:			0001196272

	FILING VALUES:
		FORM TYPE:		4
		SEC ACT:		1934 Act
		SEC FILE NUMBER:	001-05424
		FILM NUMBER:		12574039

	MAIL ADDRESS:	
		STREET 1:		1030 DELTA BOULEVARD
		STREET 2:		DEPT. 981
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30354

ISSUER:		

	COMPANY DATA:	
		COMPANY CONFORMED NAME:			DELTA AIR LINES INC /DE/
		CENTRAL INDEX KEY:			0000027904
		STANDARD INDUSTRIAL CLASSIFICATION:	AIR TRANSPORTATION, SCHEDULED [4512]
		IRS NUMBER:				580218548
		STATE OF INCORPORATION:			DE
		FISCAL YEAR END:			1231

	BUSINESS ADDRESS:	
		STREET 1:		HARTSFIELD ATLANTA INTL AIRPORT
		STREET 2:		1030 DELTA BLVD
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30354-1989
		BUSINESS PHONE:		4047152600

	MAIL ADDRESS:	
		STREET 1:		P.O. BOX 20706
		STREET 2:		DEPT 981
		CITY:			ATLANTA
		STATE:			GA
		ZIP:			30320-6001

	FORMER COMPANY:	
		FORMER CONFORMED NAME:	DELTA AIR CORP
		DATE OF NAME CHANGE:	19660908
</SEC-HEADER>
<DOCUMENT>
<TYPE>4
<SEQUENCE>1
<FILENAME>campbell_frm4-020212.xml
<DESCRIPTION>FORM 4
<TEXT>
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    <documentType>4</documentType>

    <periodOfReport>2012-02-02</periodOfReport>

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        <issuerCik>0000027904</issuerCik>
        <issuerName>DELTA AIR LINES INC /DE/</issuerName>
        <issuerTradingSymbol>DAL</issuerTradingSymbol>
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            <rptOwnerCik>0001196272</rptOwnerCik>
            <rptOwnerName>CAMPBELL MICHAEL H</rptOwnerName>
        </reportingOwnerId>
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            <rptOwnerStreet1>C/O DELTA AIR LINES, INC., DEPT. 981</rptOwnerStreet1>
            <rptOwnerStreet2>P.O. BOX 20574</rptOwnerStreet2>
            <rptOwnerCity>ATLANTA,</rptOwnerCity>
            <rptOwnerState>GA</rptOwnerState>
            <rptOwnerZipCode>30320</rptOwnerZipCode>
            <rptOwnerStateDescription></rptOwnerStateDescription>
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            <isDirector>0</isDirector>
            <isOfficer>1</isOfficer>
            <isTenPercentOwner>0</isTenPercentOwner>
            <isOther>0</isOther>
            <officerTitle>EVP - HR &amp; Labor Relations</officerTitle>
            <otherText></otherText>
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                <value>Common Stock</value>
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                    <footnoteId id="F3"/>
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                    <value>397810</value>
                </sharesOwnedFollowingTransaction>
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                <directOrIndirectOwnership>
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                <value>Common Stock</value>
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            <transactionDate>
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            <transactionCoding>
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                    <value>11.04</value>
                </transactionPricePerShare>
                <transactionAcquiredDisposedCode>
                    <value>D</value>
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                <sharesOwnedFollowingTransaction>
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    </nonDerivativeTable>

    <footnotes>
        <footnote id="F1">Settlement of performance awards granted under Delta's 2010 long-term incentive program which were earned effective February 2, 2012.  The grant of the performance awards was approved by the Personnel &amp; Compensation Committee of Delta's Board of Directors (the &quot;Committee&quot;) and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d).</footnote>
        <footnote id="F2">Shares withheld for payment of tax liability upon settlement of the performance awards earned under Delta's 2010 long-term incentive program. This withholding was approved by the Committee and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e).</footnote>
        <footnote id="F3">The Committee granted Mr. Campbell 83,340 shares of restricted common stock under Delta's 2012 long-term incentive program.  Subject to the terms of the award, including Mr. Campbell's continued employment with Delta, the restrictions on the shares will lapse with respect to 50 percent of the shares on each of February 1, 2013 and February 1, 2014.  Until the restrictions lapse, Mr. Campbell may not sell or transfer the shares, which will be subject to forfeiture in certain circumstances</footnote>
    </footnotes>

    <ownerSignature>
        <signatureName>/s/ Jan M. Davidson as attorney-in-fact for Michael H. Campbell</signatureName>
        <signatureDate>2012-02-06</signatureDate>
    </ownerSignature>
</ownershipDocument>
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</TEXT>
</DOCUMENT>
</SEC-DOCUMENT>
