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): 		 October 7, 2005 FLYi, Inc. (Exact Name of Registrant as Specified in Charter) Delaware 0-21976 13-3621051 State or Other Commission File IRS Employer Jurisdiction of Number Identification 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 5.02 Departure of Directors or Principal Officers; Elections of Directors; Appointment of Principal Officers Low-fare airline Independence Air (Nasdaq: FLYi) announced today that David Asai has been appointed to the position of Chief Financial Officer, effective immediately. Mr. Asai has been with Independence Air (and Atlantic Coast Airlines) for more than seven years, serving as its Vice President, Controller and Assistant Secretary since January 1998. He has been actively involved in leading the finance activities at the company and led the company's Sarbanes- Oxley internal control compliance effort last year. Before joining the company, Mr. Asai served as Vice President, Controller and Chief Accounting Officer of Reno Air. Prior to that, he was Vice President Finance and Chief Financial Officer of Spirit Airlines. Mr. Asai is a Certified Public Accountant. Richard Surratt, the company's current Chief Financial Officer, has resigned in order to pursue other opportunities. Mr. Surratt has agreed to remain with the company until October 28, 2005 in order to ensure a smooth transition. 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. FLYi, Inc. Date: October 7, 2005 By: /S/ David W. Asai 	Name: David W. Asai 	Title: Sr. VP Finance & Chief 	 Financial Officer