Delta Air Lines' Board of Directors Announces Date of Special Meeting for Stockholder Vote on Merger with Northwest Airlines

Delta Air Lines (NYSE: DAL) will hold a special meeting of stockholders on Sept. 25, 2008 in Atlanta for stockholders to vote on the issuance of Delta common stock to Northwest stockholders in the merger of the airlines and on an amendment to the Delta 2007 Performance Compensation Plan, a broad-based employee compensation program. The meeting will be held at 2 p.m. EDT at the Georgia International Convention Center located at 2000 Convention Center Concourse, College Park, Ga. 30337.

The record date for determining stockholders entitled to notice of, and to vote at, the special meeting will be the close of business on July 29, 2008.

Delta in April announced that it is combining with Northwest in an all-stock transaction to create America’s premier global airline. The new company will be called Delta and will be headquartered in Atlanta. Combined, the company and its regional partners will provide customers access to more than 390 destinations in 67 countries. Together, Delta and Northwest will have more than $35 billion in aggregate annual revenues, operate a mainline fleet of nearly 800 aircraft, employ approximately 75,000 people worldwide, and have one of the strongest balance sheets in the industry. The merger is subject to the approval of Delta and Northwest stockholders and regulatory approvals, which are targeted for completion later this year.

Delta Air Lines operates service to more worldwide destinations than any airline with Delta and Delta Connection flights to 327 destinations in 62 countries. Delta has added more international capacity than any major U.S. airline during the last two years and is the leader across the Atlantic with flights to 44 trans-Atlantic markets. To Latin America and the Caribbean, Delta offers 609 weekly flights to 62 destinations. Delta's marketing alliances also allow customers to earn and redeem SkyMiles on more than 16,000 flights offered by SkyTeam and other partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. Including its SkyTeam and worldwide codeshare partners, Delta offers flights to 499 worldwide destinations in 105 countries. Customers can check in for flights, print boarding passes and check flight status at delta.com.

Forward-looking Statements

This press release includes “forward-looking statements” within the meaning of the safe harbor provisions of the United States Private Securities Litigation Reform Act of 1995. Words such as “expect,’ “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “continue,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, Delta's and Northwest’s expectations with respect to the synergies, costs and charges, capitalization and anticipated financial impacts of the merger transaction and related transactions; approval of the merger transaction and related transactions by stockholders; the satisfaction of the closing conditions to the merger transaction and related transactions; and the timing of the completion of the merger transaction and related transactions.

These forward-looking statements involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results. Most of these factors are outside our control and difficult to predict. Factors that may cause such differences include, but are not limited to, the possibility that the expected synergies will not be realized, or will not be realized within the expected time period, due to, among other things, (1) the airline pricing environment; (2) competitive actions taken by other airlines; (3) general economic conditions; (4) changes in jet fuel prices; (5) actions taken or conditions imposed by the United States and foreign governments; (6) the willingness of customers to travel; (7) difficulties in integrating the operations of the two airlines; (8) the impact of labor relations; and (9) fluctuations in foreign currency exchange rates. Other factors include the possibility that the merger does not close, including due to the failure to receive required stockholder or regulatory approvals, or the failure of other closing conditions.

Delta cautions that the foregoing list of factors is not exclusive. Additional information concerning these and other risk factors is contained in Delta’s and Northwest’s most recently filed Forms 10-K. All subsequent written and oral forward-looking statements concerning Delta, Northwest, the merger, the related transactions or other matters and attributable to Delta or Northwest or any person acting on their behalf are expressly qualified in their entirety by the cautionary statements above. Delta and Northwest do not undertake any obligation to update any forward-looking statement, whether written or oral, relating to the matters discussed in this news release.

Additional Information About the Merger and Where to Find It

In connection with the proposed merger, Delta filed with the Securities and Exchange Commission (“SEC”) a Registration Statement on Form S-4 that includes a preliminary joint proxy statement of Delta and Northwest that also constitutes a prospectus of Delta. At the appropriate time, Delta and Northwest will mail the final joint proxy statement/prospectus to their stockholders. Delta and Northwest urge investors and security holders to read the final joint proxy statement/prospectus regarding the proposed merger when it becomes available because it will contain important information. You may obtain copies of all documents filed with the SEC regarding this transaction, free of charge, at the SEC’s website (http://www.sec.gov/). You may also obtain these documents, free of charge, from Delta’s website (http://www.delta.com/) under the tab “About Delta” and then under the heading “Investor Relations” and then under the item “SEC Filings.” You may also obtain these documents, free of charge, from Northwest’s website (http://www.nwa.com/) under the tab “About Northwest” and then under the heading “Investor Relations” and then under the item “SEC Filings and Section 16 Filings.”

Delta, Northwest and their respective directors, executive officers and certain other members of management and employees may be soliciting proxies from Delta and Northwest stockholders in favor of the merger. Information regarding the persons who may, under the rules of the SEC, be deemed participants in the solicitation of Delta and Northwest stockholders in connection with the proposed merger will be set forth in the proxy statement/prospectus when it is filed with the SEC. You can find information about Delta’s executive officers and directors in its definitive proxy statement filed with the SEC on April 25, 2008 related to Delta’s 2008 Annual Meeting of Stockholders. You can find information about Northwest’s executive officers and directors in its Amendment to its Annual Report on Form 10-K filed with the SEC on April 29, 2008. You can obtain free copies of these documents from Delta and Northwest using the contact information above.

FedEx Express Launches Express Your Vote Initiative with Overseas Vote Foundation for the Upcoming 2008 Presidential Election

BUSINESS WIRE--FedEx Express, a subsidiary of FedEx Corp. (NYSE: FDX) and the world’s largest express transportation company, today announced its support of Express Your Vote, an initiative of the Overseas Vote Foundation (OVF), a nonprofit, nonpartisan organization dedicated to ensuring an estimated six million overseas Americans have the ability to effectively participate in the federal electoral process.

With FedEx supporting this initiative, Americans abroad in 89 countries will be able to access express delivery of their absentee ballots between September 15 – October 29 of the 2008 election year.

The innovative Express Your Vote program will provide American voters abroad the convenience of online shipping, track and trace capabilities, and proactive proof of delivery through the Overseas Vote Foundation Web site, which has been developed with the latest advanced automation solutions from FedEx.

Statistics from the U.S. Election Assistance Commission’s “2006 Uniformed and Overseas Citizens Absentee Voting Act Report” indicated that the third most common reason for ballots being rejected and not counted was because the ballots were returned to local election offices after the deadline.

“FedEx is committed to delivering innovative solutions to customers all over the world,” said Rajesh Subramaniam, senior vice president, International Marketing, FedEx Services. “Teaming up with the Overseas Vote Foundation to offer the Express Your Vote initiative is a natural extension of our ongoing commitment to making strategic use of our physical and digital networks to meet the needs of people worldwide.”

“Overseas Vote Foundation is delighted to work with FedEx Express to bring Express Your Vote to U.S. overseas and military absentee voters in 89 countries,” said Susan Dzieduszycka-Suinat, president and CEO of Overseas Vote Foundation. “This initiative will bring tremendous value to overseas and military voters who need access to the unrivaled network and services of FedEx Express.”

For more information on the FedEx Express-Overseas Vote Foundation Express Your Vote initiative and details about access to FedEx services, visit: http://www.overseasvotefoundation.org/ExpressYourVote.

Delta Air Lines’ Board of Directors Announces Annual Meeting Date

Living in Atlanta it's hard not to either be a Delta baby or to be friends with a Delta baby. I grew up in a Delta Air Lines home. Delta employees were part of our extended family. The changes are Delta mirror the changes that have occurred across the country in businesses. Yes, September 11th impacted the airline industry mightily. However, all it did was expedite what was already written in the tea leaves. Despite all the ups and downs, there will always be a soft spot in my psyche for this particular airline. I hope they do well and I'll continue to watch their rise from the coals (didn't quite hit the ash stage) carefully. - TBB

Delta Air Lines’ (NYSE: DAL) Board of Directors has set Delta’s 2008 annual meeting of shareowners for June 3, in New York City. The meeting will be held at 8:30 a.m. EDT in the Auditorium at AXA Equitable Center, 787 Seventh Ave., New York.

The record date for determining shareowners entitled to notice of, and to vote at, the annual meeting will be the close of business on April 18, 2008.

To be considered for inclusion in Delta’s proxy statement for the 2008 annual meeting, shareowner proposals must be submitted in writing and received by Delta’s Corporate Secretary no later than 5 p.m. EST, on Jan. 11, 2008, at the following address: Corporate Secretary; Delta Air Lines, Inc.; Dept. No. 981; Post Office Box 20574; Atlanta, Georgia 30320.

Delta Air Lines operates service to more worldwide destinations than any airline with Delta and Delta Connection flights to 324 destinations in 58 countries. Since 2005, Delta has added more international capacity than any other major U.S. airline and is the leader across the Atlantic with flights to 36 trans-Atlantic markets. To Latin America and the Caribbean, Delta offers more than 650 weekly flights to 61 destinations. Delta's marketing alliances also allow customers to earn and redeem SkyMiles on nearly 15,000 flights offered by SkyTeam and other partners. Delta is a founding member of SkyTeam, a global airline alliance that provides customers with extensive worldwide destinations, flights and services. Including its SkyTeam and worldwide codeshare partners, Delta offers flights to 489 worldwide destinations in 106 countries. Customers can check in for flights, print boarding passes and check flight status at delta.com.