This document is Delta Air Lines, Inc.'s Form 10-Q, a quarterly financial report submitted to the U.S. Securities and Exchange Commission for the period ending June 30, 2025. It provides a comprehensive overview of the company's financial performance and condition, including consolidated balance sheets, statements of operations, and cash flows. The report also discusses management's analysis of financial results, market risks, commitments, and contingencies, offering a detailed look into Delta's operations, expenses, revenue by region, and liquidity. Additionally, it includes information on the company's refinery segment, fleet, debt, and stock repurchase programs.