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): July 2, 2003
Atlantic Coast Airlines Holdings, Inc.
(Exact Name of Registrant as Specified in Charter)
Delaware 0-21976 13-3621051
(State or (Commission (IRS
Other File Employer
Jurisdiction Number) Identification
of No.)
Incorporation)
45200 Business Court, Dulles, VA 20166
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code:(703) 650-6000
N/A
(Former Name or Former Address, if Changed Since Last
Report)
Item 9. Regulation FD Disclosure.
On July 2, 2003, Atlantic Coast Airlines Holdings, Inc.
(ACA) (NASDAQ/NM: ACAI) issued a news release with regard to
its United Express program and its negotiations with United
Airlines, Inc. (See Exhibit 99 attached).
Statements in this press release and by Company executives
regarding its relationship with United Airlines, Inc. and
the implementation of alternative business plans, as well as
regarding projections and expectations of future aircraft
deliveries, availability of financing, future payments by
United, operations, earnings, revenues and costs represent
forward-looking information. A number of risks and
uncertainties exist which could cause actual results to
differ materially from these projected results. Such factors
include, among others: United's decision to elect either to
affirm all of the terms of the Company's United Express
Agreement, or to reject the agreement in its entirety, the
timing of such decision, efforts by United to negotiate
changes prior to making a decision on whether to affirm or
reject the contract, the ability and timing of agreeing upon
rates with United, the Company's ability to collect pre-
petition obligations from United or to offset pre-petition
obligations due to United, the Company's ability to collect
post-petition amounts it believes are due from United for
rate adjustments and United's ability to successfully
reorganize and emerge from bankruptcy; the continued
financial health of Delta Air Lines, Inc.; changes in levels
of service agreed to by the Company with its code-share
partners due to market conditions, and willingness of
finance parties to continue to finance aircraft in light of
the United situation and of market conditions generally, the
ability of these partners to manage their operations and
cash flow, and ability and willingness of these partners to
continue to deploy the Company's aircraft and to utilize and
pay for scheduled service at agreed upon rates; general
economic and industry conditions; additional acts of war;
and risks and uncertainties arising from the events of
September 11, the impact of the outbreak of Severe Acute
Respiratory Syndrome on travel and from the slow economy,
any of which may impact the Company, its code-share
partners, and aircraft manufacturers in ways that the
Company is not currently able to predict. These and other
factors are more fully disclosed under "Risk Factors" and
"Management's Discussion and Analysis of Financial Condition
and Results of Operations" in ACAI's Annual Report on Form
10-K for the year ended December 31, 2002 and in its
Quarterly Report on Form 10-Q for the three-month period
ended March 31, 2003. These statements are made as of July
2, 2003 and ACA undertakes no obligation to update any such
forward-looking information, even in the event that the
status of its negotiations with United changes, or as a
result of any other new information, future events, changed
expectations or otherwise.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act
of 1934, the Registrant has caused this current report to be
signed on its behalf by the undersigned hereunto duly
authorized.
ATLANTIC COAST AIRLINES
HOLDINGS, INC.
Date: July 2, 2003 By: /S/ David Asai
David Asai
Vice President, Chief
Accounting Officer