UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             WASHINGTON, D.C. 20549


                                    FORM 8-K


                                 CURRENT REPORT
                     PURSUANT TO SECTION 13 OR 15(D) OF THE
                         SECURITIES EXCHANGE ACT OF 1934


       Date of Report (Date of earliest event reported): OCTOBER 25, 2004
                                                         ----------------


                              DELTA AIR LINES, INC.
              ------------------------------------------------------
             (Exact name of registrant as specified in its charter)


          Delaware                 001-05424              58-0218548
----------------------------    ----------------     -------------------
(State or other jurisdiction      (Commission           (IRS Employer
     of incorporation)            File Number)       Identification No.)


                   P.O. Box 20706, Atlanta, Georgia 30320-6001
                   --------------------------------------------
                    (Address of principal executive offices)


       Registrant's telephone number, including area code: (404) 715-2600
                                                           --------------


                  Registrant's Web site address: www.delta.com
                                                 -------------

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions (see General Instruction A.2. below):

/ /  Written communications pursuant to Rule 425 under the Securities Act
     (17 CFR 230.425)

/ /  Soliciting material pursuant to Rule 14a-12 under the Exchange Act
     (17 CFR 240.14a-12)

/ /  Pre-commencement communications pursuant to Rule 14d-2(b) under the
     Exchange Act (17 CFR 240.14d-2(b)

/ /  Pre-commencement communications pursuant to Rule 13e-4(c) under the
     Exchange Act (17 CFR 240.13e-4(c))









ITEM 8.01  OTHER EVENTS.

On October 25, 2004, Delta issued a press release announcing an agreement to
defer $135 million of debt due in 2005. The press release is attached hereto as
Exhibit 99.1.

ITEM 9.01 FINANCIAL STATEMENTS AND EXHIBITS.

(c) Exhibits.

         Exhibit 99.1   Press Release dated October 25, 2004, titled "Delta Air
                        Lines Announces Agreement to Defer Approximately $135
                        Million of Debt Due in 2005"








                                   SIGNATURES

          Pursuant to the requirements of the Securities Exchange Act of 1934,
the registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.



                                            DELTA AIR LINES, INC.


                                             By:  /s/ Edward H. Bastian
                                                -------------------------------
                                                Edward H. Bastian
                                                Senior Vice President - Finance
                                                   and Controller
Date: October 25, 2004







                                  EXHIBIT INDEX




Exhibit Number    Description
--------------    -----------

     99.1         Press Release dated October 25, 2004, titled "Delta Air Lines
                  Announces Agreement to Defer Approximately $135 Million of
                  Debt Due in 2005"