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 28, 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 28, 2003, Atlantic Coast Airlines Holdings, Inc.
(ACA) (NASDAQ/NM: ACAI) issued a news release concerning the
establishment of an Independent Low-Fare Airline and a
follow up news release announcing a live webcast to discuss
the details of the establishment of an Independent Low-Fare
Airline. (See Exhibits 99 and 99.01 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, and the fact that the Company
cannot predict the timing or outcome of United's decision
process; the timing and impact on the Company's ability to
operate an independent airline of any disengagement by the
Company as a United Express carrier under the United Express
Agreement or pursuant to bankruptcy court proceedings; the
continued financial health of Delta Air Lines, Inc.; the
ability to acquire and obtain financing for any additional
aircraft intended to be operated under its new business plan
and other possible consequences of credit evaluations of the
Company's new business plan; the ability to efficiently
transition out of the United Express program;
unanticipated events or circumstances that could impact the
Company's ability to implement its new business strategy;
the revenue and cost assumptions utilized in developing the
Company's new business strategy; reactions from competitors,
which may include pricing and service decisions in markets
where the Company may operate; 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 28, 2003 and ACA
undertakes no obligation to update any such forward-looking
information, including as a result of any 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 28, 2003 By:/S/ Richard J.Kennedy
Richard J. Kennedy
Vice President, General
Counsel and Secretary