Ownership Submission
FORM 4
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940
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(Print or Type Responses)
1. Name and Address of Reporting Person *
Kolshak Joseph C
   2. Issuer Name and Ticker or Trading Symbol
DELTA AIR LINES INC /DE/ [DAL] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
_____ Director _____ 10% Owner
__X__ Officer (give title below) _____ Other (specify below)
Exec. VP - Operations
(Last)
(First)
(Middle)
DELTA AIR LINES, INC., DEPT. 981, P.O. BOX 20574		 3. Date of Earliest Transaction (Month/Day/Year)
04/30/2007
(Street)

ATLANTA, GA 30320		 4. If Amendment, Date Original Filed(Month/Day/Year)
 6. Individual or Joint/Group Filing(Check Applicable Line)
_X_ Form filed by One Reporting Person
___ Form filed by More than One Reporting Person
(City)
(State)
(Zip)
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1.Title of Security
(Instr. 3)		 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code
(Instr. 8)		 4. Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4 and 5)		 5. Amount of Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 3 and 4)		 6. Ownership Form: Direct (D) or Indirect (I)
(Instr. 4)		 7. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.0001 per share 04/30/2007   A(1)   136,400 A $ 0 (1) 136,400 D  
Common Stock, par value $0.0001 per share 04/30/2007   A(2)   2,451 A (2) 138,851 D  
Common Stock, par value $0.0001 per share 04/30/2007   F(3)   795 D (3) 138,056 D  

Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
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Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security
(Instr. 3)		 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code
(Instr. 8)		 5. Number of Derivative Securities Acquired (A) or Disposed of (D)
(Instr. 3, 4, and 5)		 6. Date Exercisable and Expiration Date
(Month/Day/Year)		 7. Title and Amount of Underlying Securities
(Instr. 3 and 4)		 8. Price of Derivative Security
(Instr. 5)		 9. Number of Derivative Securities Beneficially Owned Following Reported Transaction(s)
(Instr. 4)		 10. Ownership Form of Derivative Security: Direct (D) or Indirect (I)
(Instr. 4)		 11. Nature of Indirect Beneficial Ownership
(Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares

Reporting Owners

Reporting Owner Name / Address Relationships
 Director  10% Owner  Officer  Other
Kolshak Joseph C
DELTA AIR LINES, INC., DEPT. 981
P.O. BOX 20574
ATLANTA, GA 30320		       Exec. VP - Operations  

Signatures

 Nanci Oliver Sloan as attorney-in-fact for Joseph C. Kolshak   05/02/2007
**Signature of Reporting Person Date

Explanation of Responses:

* If the form is filed by more than one reporting person, see Instruction 4(b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations. See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
(1) In connection with Delta's emergence from bankruptcy, the Personnel & Compensation Committee of Delta's Board of Directors granted restricted stock awards to Delta officers, including the Reporting Person. Delta described this program in a bankruptcy court filing on March 20, 2007, and in a Current Report on Form 8-K filed with the SEC on March 22, 2007.
(2) The shares reported on this line represent substantially all of the distribution the Reporting Person will receive in satisfaction of his claim against Delta's bankruptcy estate, as described below under "BACKGROUND INFORMATION ON CLAIMS WITH RESPECT TO 2002 RETENTION PROGRAM." These shares were acquired in a transaction that was approved by the Personnel & Compensation Committee of Delta's Board of Directors, and that is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rule 16b-3(d)(1).
(3) Shares withheld to cover tax withholding obligations from the distribution of shares described in Note (2), above. This withholding was approved by the Personnel & Compensation Committee of Delta's Board of Directors, and is exempt from Section 16(b) of the Securities Exchange Act of 1934 under Rules 16b-3(d)(1) and 16b-3(e).
 
Remarks:
BACKGROUND INFORMATION ON CLAIMS WITH RESPECT TO 2002 RETENTION PROGRAM:  In January 2002, the Personnel & Compensation Committee of Delta's Board of Directors adopted a special retention program for key members of management (the "Retention Program").  Each participant in the Retention Program received a cash retention award opportunity which, if earned, was to be paid in 2004.  In 2003, participants in the program were given an opportunity to defer all or a portion of their retention award.  The Reporting Person elected to defer a portion of his retention award, and that portion remains unpaid.  This unpaid amount is a claim that arose prior to Delta's Chapter 11 filing.  Because Delta did not assume the Retention Program as part of its plan of reorganization, Delta will not pay any of the retention awards that remain unpaid under the program.  An employee who did not receive his deferred retention award payment due to our Chapter 11 filing has a claim against Delta's bankruptcy estate.  Delta's plan of reorganization provides that holders of allowed unsecured claims against Delta's bankruptcy estate will generally receive common stock of reorganized Delta in satisfaction of their claims.

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