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 15, 2002 ------------------- Commission File No. 333-69864 ------------------- LEASE INVESTMENT FLIGHT TRUST State of Organization: Delaware IRS Employer Identification No. 51-65219 1100 North Market Street, Rodney Square North, Wilmington, Delaware Telephone - (302) 651-1000 This document consists of 22 pages. Item 5. Other Events. Attached hereto as Exhibit 99.1 is a copy of the Monthly Report to Noteholders for the payment date of May 15, 2002, sent to the holders of the notes. Attached hereto as Exhibit 99.2 is the Quarterly Report to Noteholders for the quarter ended March 31, 2002. 2 SIGNATURE Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. LEASE INVESTMENT FLIGHT TRUST (Registrant) May 15, 2002 By: /s/ David Treitel --------------------- -------------------------------------- David Treitel Equity Trustee and Controlling Trustee 3