SCHEDULE 14A
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INFORMATION REQUIRED IN PROXY STATEMENT
SCHEDULE 14A INFORMATION
PROXY STATEMENT PURSUANT TO SECTION 14(a) OF THE SECURITIES EXCHANGE ACT OF 1934
(AMENDMENT NO. )
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Atlantic Coast Airlines Holdings, Inc.
(Name of Registrant as Specified in Its Charter)
(Name of Person(s) Filing Proxy Statement, if other than the Registrant)
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| (4) | Date filed: November 25, 2003. |
Atlantic Coast Stockholder Revokes Initial Consent
Consent Solicitation Period Yet to Commence
DULLES, VA – November 25, 2003 –Atlantic Coast Airlines Holdings, Inc. (“ACA” or the “Company”) (Nasdaq: ACAI) today announced that the consent ACA received on October 23, 2003, in connection with Mesa Air Group, Inc.’s (Nasdaq: MESA) consent solicitation has been revoked and therefore the 60-day consent solicitation period has not yet commenced. This development does not affect the October 23, 2003 record date set by ACA’s Board of Directors with respect to Mesa’s consent solicitation.
The Company noted that, at the time the initial consent was received, it was believed that Mesa’s and ACA’s solicitation materials could be mailed to ACA stockholders promptly. The Company did not anticipate Mesa’s extended delay in clearing its consent solicitation materials with the Securities and Exchange Commission and mailing them to ACA stockholders. Therefore, ACA believes that the revocation of the initial consent will result in the Company’s stockholders having an appropriate opportunity to consider carefully the information about the consent solicitation.
ACA currently operates as United Express and Delta Connection in the Eastern and Midwestern United States as well as Canada. On July 28, 2003, ACA announced plans to establish a new, independent low-fare airline to be based at Washington Dulles International Airport. The Company has a fleet of 148 aircraft—including a total of 120 regional jets—and offers over 840 daily departures, serving 84 destinations. ACA employs approximately 4,600 aviation professionals.
The Company has filed with the SEC a preliminary consent revocation statement on Schedule 14A and intends to file its definitive consent revocation statement on Schedule 14A shortly. The definitive consent revocation statement will contain important information about ACA’s position regarding Mesa’s consent solicitation. You are urged to read carefully the definitive consent revocation statement, which you will receive from the Company after it has been filed, before taking any action or making any decision with respect to Mesa’s consent solicitation. You may obtain a copy of the Company’s preliminary consent revocation statement on Schedule 14A, and will be able to obtain a copy of the Company’s definitive consent revocation statement, when filed, free of charge at the website maintained by the SEC at www.sec.gov. In addition, you may obtain documents filed with the SEC by ACA free of charge by requesting them in writing from ACA, 45200 Business Court, Dulles, VA 20166, Attention: Director, Corporate Communications.
ACA and certain of its directors and executive officers may be deemed to be participants in the solicitation. A detailed list of the names of ACA’s directors and executive officers is contained in ACA’s preliminary consent revocation statement, which may be obtained without charge at the website maintained by the SEC at www.sec.gov.
The common stock of parent company Atlantic Coast Airlines Holdings, Inc. is traded on the Nasdaq National Market under the symbol ACAI. For more information about Atlantic Coast Airlines, visit our website at www.atlanticcoast.com.
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Contacts:
Rick Delisi
Director of Corporate Communications
Atlantic Coast Airlines Holdings, Inc.
703-650-6550
Rick.Delisi@atlanticcoast.com
Judith Wilkinson/Dan Katcher
Joele Frank, Wilkinson Brimmer Katcher
212-355-4449 x112/x113
jmw@joelefrank.com/dek@joelefrank.com
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