Delta Airlines (Delta) has become one of the world’s largest airlines after its acquisition of Northwest Airlines in 2008. The company operates a fleet of over 700 aircrafts through whom it serves about 350 destinations in more than 60 countries. Delta is also a founding member of the SkyTeam Marketing which includes Air France, KLM, and Alitalia (Hoovers, n.d.). The company is one of the leading performers among U.S.-based airlines but its financial analysis reveals that even being a leading player in the airlines industry is not enough as this industry has one of the least favorable economic dynamics among all industries. All the figures used to calculate Delta’s ratios come from the company’s latest 10K report which covers the fiscal year 2012 (Delta Airlines, Inc., 2012).