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 21, 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 12. Results of Operations and Financial Condition.
On July 21, 2003, Atlantic Coast Airlines Holdings, Inc.
(ACA) (NASDAQ/NM: ACAI) issued a news release concerning
rescheduling of its second quarter 2003 earnings release.
(See Exhibit 99 attached).
Statements in this press release and by Company executives
regarding its implementation of new business strategies and
its relationship with United Airlines, Inc., as well as
regarding 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 risks
and uncertainties include, among others: United's option
under bankruptcy rules to assume or reject the existing
United Express Agreement, 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
effect of any bankruptcy court review of the tentative
agreement on 2003 rates, and the fact that the Company
cannot predict the timing or outcome of United's decision
process or required approvals; the timing and impact on the
Company's ability to implement an alternative business plan
of any disengagement by the Company as a United Express
carrier; the continued financial health of Delta Air Lines,
Inc.; 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 aircraft
manufacturers and its other suppliers in ways that the
Company is not currently able to predict. Certain of these
and other risk 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 21, 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 21, 2003 By: /S/ David Asai
David Asai
Vice President, Chief
Accounting Officer