X0304 4 2011-08-01 0000027904 DELTA AIR LINES INC /DE/ DAL 0001504635 FRANKLIN SHIRLEY C. C/O DELTA AIR LINES, INC., DEPT. 981 P.O. BOX 20574 ATLANTA, GA 30320 1 0 0 0 Common Stock 2011-08-01 4 A 0 14750 A 14750 D Non-employee members of Delta's Board of Directors receive an annual restricted stock award. The shares reported in this Form 4 represent the annual restricted stock award to the Reporting Person, as approved by the Board of Directors on July 20, 2011. In accordance with Delta's Equity Award Grant Policy, the grant date of the award is August 1, 2011, the third business day following the date on which Delta publicly announced its financial results for the June 2011 quarter. The shares were acquired in a transaction exempt under Rule 16b-3(d). /s/ Jan M. Davidson as attorney-in-fact for Shirley C. Franklin 2011-08-03