On June 11, 2026, Delta Air Lines, Inc. entered into a new credit agreement with JPMorgan Chase Bank, N.A. as administrative agent to refinance its existing November 6, 2023, credit facility. The new credit facility includes a $2.650 billion revolving component consisting of two equal $1.325 billion tranches with three-year and five-year terms, plus an uncommitted standby letter of credit facility. An accordion feature allows for aggregate commitments to increase up to $3.65 billion. The agreement requires maintaining a Minimum Fixed Charge Coverage Ratio and a Minimum Asset Coverage Ratio of 1.25:1. Delta Air Lines is an airline company providing air transportation services.
