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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES
EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): May 8, 2003
Commission File Number 1-6560
THE FAIRCHILD CORPORATION
(Exact name of Registrant as specified in its charter)
Delaware 34-0728587
(State or other jurisdiction of (I.R.S. Employer Identification No.)
Incorporation or organization)
45025 Aviation Drive, Suite 400, Dulles, VA 20166
(Address of principal executive offices)
(703) 478-5800 (Registrant's telephone number,
including area code)
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Item 4. Changes in Registrant's Certifying Accountant.
The Fairchild Corporation has received notice that, shortly after the
filing of Fairchild's Form 10-Q for the period ended March 30, 2003, Ernst &
Young LLP intends to resign as the independent auditors of the company, giving
the company time to identify and select replacement auditors of its choosing.
Fairchild has been informed by Ernst & Young that the reasons for its action are
not related to any disagreements between Fairchild and Ernst & Young LLP on
matters of accounting principles or practices, financial statement disclosure or
auditing scope or procedures.
Fairchild has far smaller operations since the sale of its fastener
business in December 3, 2002. Fairchild is in the process of engaging new
independent accountants, and has had discussions with several firms.
Item 7. Financial Statements and Exhibits.
(c) Exhibits. The following exhibits are filed with this report:
Exhibit 16 - Letter from Ernst & Young LLP to the Securities and Exchange
Commission dated May 9, 2003.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the Company
has duly caused this report to the signed on its behalf by the undersigned
hereunto duly authorized.
For THE FAIRCHILD CORPORATION (Registrant)
and as its Chief Financial Officer:
By: /s/ JOHN L. FLYNN
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John L. Flynn
Chief Financial Officer, Treasurer
and Senior Vice President, Tax
Date: May 9, 2003