SECURITIES AND EXCHANGE COMMISSION
Washington DC 20549
FORM 8-K/A
CURRENT REPORT
Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date of Report (Date of earliest event reported) February 21, 1997
Big Sky Transportation Co.
(Exact name of registrant as specified in its charter)
MONTANA 1-7991 81-0387503
(State or other (Commission (IRS Employer
jurisdiction file number) identification
of incorporation) number)
1601 Aviation Place, Billings MT 59105
(Address of principal executive offices) (Zip code)
Registrant's telephone number, including area code (406) 245-9449
___________________________________________________________________________
(Former name or former address, if changed since last report)
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Item 4. Changes in Registrant's Certifying Accountant
(a) At its board meeting on February 12, 1997 at the
recommendation of the audit committee, the Board of
Directors of Big Sky Transportation Co. engaged the
accounting firm of Charles Bailly & Company
P.L.L.P. as independent accountants for the
Registrant for the fiscal year ending June 30,
1997, subject to approval of shareholders. The
firm of KPMG Peat Marwick LLP, which had been
serving as independent accountants for the
registrant, was dismissed at the same board meeting
on February 12, 1997.
(b) In connection with its audits for the two most
recent years, there have been no disagreements with
KPMG Peat Marwick LLP on any matter of accounting
principles or practices, financial statement
disclosure, or auditing scope or procedure. Also
in connection with its audits for the two most
recent years, KPMG Peat Marwick LLP did not advise
the Registrant that: (1) the internal controls
necessary to develop reliable financial statements
did not exist; (2) information came to its
attention that led it to no longer be able to rely
on management's representations, or that made it
unwilling to be associated with the financial
statements prepared by management; (3) there was a
need to expand significantly the scope of the
audit, or further investigate information that
would materially impact the fairness or reliability
of financial statements previously issued or to be
issued and was unresolved prior to its dismissal as
independent accountants for the registrant.
(c) KPMG Peat Marwick LLP's report on the financial
statements for the past two years contained no
adverse opinion or disclaimer of opinion and was
not qualified as to uncertainty, audit scope or
accounting principles.
(d) The Registrant has requested that KPMG Peat Marwick
LLP furnish it with a letter addressed to the
Securities and Exchange Commission stating whether
it agrees with the statements made by the
Registrant in response to this item 4 and if not,
stating the respects in which it does not agree.
A copy of KPMG Peat Marwick LLP's letter to the
Securities and Exchange Commission, dated February 21,
1997, is filed as Exhibit 16, to this Form 8-K/A.
this Form 8-K report, a copy of such letter when it
(e) During the two most recent fiscal years, Charles
Bailly & Company P.L.L.P., the newly appointed
independent accountants of the registrant, has not
been consulted regarding; (1) the application of
accounting principles to a specified transaction,
either completed or proposed; (2) the type of audit
opinion that might be rendered on the registrant's
financial statements; or (3) any matter that was
either the subject of a disagreement or a
reportable event.
SIGNATURES
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 hereunto
duly authorized.
BIG SKY TRANSPORTATION CO.
d.b.a BIG SKY AIRLINES
By: /s/ Terry D. Marshall
Terry D. Marshall
President & C.E.O.
Dated: February 21, 1997
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EXHIBIT 16
KPMG Peat Marwick LLP
1000 First Interstate Center
401 N 31st Street
P.O.Box 7108
Billings MT 59103
February 21, 1997
Securities and Exchange Commission
Washington, D.C. 20549
Ladies and Gentlemen:
We were previously principal accountants for Big Sky Transportation Co. and,
under the dates of August 23, 1996, except as to the second paragraph of
note 7 and the first paragraph of note 11 to the financial statements which
are as of October 9, 1996, we reported on the financial statments of Big Sky
Transportation Co. as of and for the years ended June 30, 1996 and 1995. On
February 14, 1997, we were notified that our appointment as principal
accountants was terminated. We have read Big Sky Transportation Co.'s
statements included under Item 4 of its Form 8-K dated February 19, 1997, and
we agree with such statements except that, with respect to:
Item 4(a) - We are not in a posistion to agree or disagree with
Big Sky Transportation Co.'s statements that the change was
recommended by the audit committee and approved by the board of
directors.
Item 4(b) - In connection with its audit for the years ended June 30,
1996 and June 30, 1995, there have been no disagreements with KPMG
Peat Marwick LLP on any matter of accounting principles or practices,
financial statement disclosure, or auditing scope or procedures which
disagreements, if not resolved to our satisfaction, would have caused
us to make reference in connection with our opinion to the subject
matter of the disagreement.
Item 4(c) - KPMG Peat Marwick LLP's report on the financial statements
for the years ended June 30, 1996 and 1995 contained no adverse opinion
for disclaimer of opinion and was not qualified as to uncertainty,
audit scope or accounting priniples except that our opinion referred
to an emphasis of a matter related to the significance of Essental Air
Service subsidies to the Company's operations.
Item 4(e) - We are not in a position to agree or disagree with any of
the statements in Item 4(e).
/s/ KPMG Peat Marwick LLP
