Roissy, 17 October 2007
N° 5282

Today at Roissy, Air France and Delta Air Lines (NYSE: DAL) will sign a joint venture agreement to share revenues and costs on certain trans-Atlantic routes. The agreement will expand the two airlines’ existing immunized partnership that has delivered new routes and choices to customers on both sides of the Atlantic since its inception in the late 1990s.

The joint venture will be implemented in April 2008. It will first apply to all trans-Atlantic flights between the Air France and Delta hubs, as well as all flights operated by either carrier between London-Heathrow and the U.S. These flights will be sold by the non operating carrier on a codeshare basis.

Starting in 2010, numerous flights to all destinations between Europe, the Mediterranean and North America will be part of the joint venture.

The revenues encompassed by the first phase of this joint venture is estimated at approximately US$1.5 billion per year, and more than US$8 billion per year for the second phase.

“This agreement marks an unprecedented move to offer our customers a greater choice of routes and schedules”, announced Jean-Cyril Spinetta, Chairman and CEO of the Air France KLM Group, and Richard Anderson, Chief Executive Officer of Delta Air Lines. “Together, we will be able to provide our customers with an outstanding transatlantic service, both in terms of routes, capacity, frequencies and quality of service”.

Mr. Spinetta and Mr. Anderson will provide more details on the agreement during a press conference in Roissy at 10:30 a.m. CEST (4:30 a.m. EST) today. The press conference will webcast live at airfrance.com/corporate and news.delta.com. The event will be recorded and made available online at the same URL about one hour after the press conference.

Air France KLM Forward-Looking Statements
The information herein contains forward-looking statements about Air France-KLM and its business. These forward looking statements which include but are not limited to statements concerning the financial condition, results of operations and business of Air France KLM are based on management’s current expectations and estimates.

These forward-looking statements involve known and unknown risks, uncertainties and other factors many of which are outside of Air France-KLM’s control and are difficult to predict that may cause actual results to differ materially from any future results expressed or implied from the forward-looking statements. These statements are not guarantees of future performance and involve risks and uncertainties including among others: the expected synergies and cost savings between Air France and KLM may not be achieved; unanticipated expenditures; changing relationships with customers, suppliers and strategic partners; increases in aircraft fuel prices; and other economic. Business, competitive and/or regulatory factors affecting the businesses of Air France and KLM generally. Additional information regarding the factors and events that could cause differences between forward-looking statements and actual results in the future is contained in Air France-KLM’s Securities and Exchange Commission filings including its Annual Reports on Form 20-F for the year ended March 31, 2007. Air France-KLM undertakes no obligation to update or revise any forward-looking statement whether as a result of new information, future events or otherwise.

THIS FORM 6-K REPORT IS HEREBY INCORPORATED BY REFERENCE INTO THE PROSPECTUS CONTAINED IN AIR FRANCE KLM'S REGISTRATION STATEMENT ON FORM F-3 (REGISTRATION STATEMENT NO. 333-114188). AND SHALL BE A PART THEREOF FROM THE DATE ON WHICH THIS REPORT IS FURNISHED. TO THE EXTENT NOT SUPERSEDED BY DOCUMENTS OR REPORTS SUBSEQUENTLY FILED OR FURNISHED.

Delta Forward-Looking Statements
Statements in this news release that are not historical facts, including statements regarding our estimates, expectations, beliefs, intentions, projections or strategies for the future, may be “forward-looking statements” as defined in the Private Securities Litigation Reform Act of 1995.  All forward-looking statements involve a number of risks and uncertainties that could cause actual results to differ materially from the estimates, expectations, beliefs, intentions, projections and strategies reflected in or suggested by the forward-looking statements.  These risks and uncertainties include, but are not limited to, the cost of aircraft fuel; the impact that our indebtedness will have on our financial and operating activities and our ability to incur additional debt; the restrictions that financial covenants in our financing agreements will have on our financial and business operations; labor issues; interruptions or disruptions in service at one of our hub airports; our increasing dependence on technology in our operations; our ability to retain management and key employees; the ability of our credit card processors to take significant holdbacks in certain circumstances; the effects of terrorist attacks; and competitive conditions in the airline industry.  Additional information concerning risks and uncertainties that could cause differences between actual results and forward-looking statements is contained in Delta’s Securities and Exchange Commission filings, including its Annual Report on Form 10-K for the fiscal year ended December 31, 2006 and its Quarterly Report on Form 10-Q for the quarterly period ended June 30, 2007. Caution should be taken not to place undue reliance on Delta’s forward-looking statements, which represent Delta’s views only as of Oct. 10, 2007, and which Delta has no current intention to update.

Delta Corporate Communications
Delta in the US:  +1 404 715 2554
Delta in France: + 33 (0) 1 53 32 55 49
Delta in UK: +44 208 867 6262
http://news.delta.com/

Service de presse d’Air France
45, rue de Paris 95747 Roissy CDG Cedex
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+ 33 1 41 56 56 00 - Fax 33 1 41 56 84 19
www.airfrance.com/corporate
 

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