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): June 26, 2000
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) Identificati
of on No.)
Incorporatio
n)
515-A Shaw Road, Dulles, VA 20166
(Address of Principal Executive Offices) (Zip Code)
Registrant's telephone number, including area code: (703) 925-
6000
N/A
(Former Name or Former Address, if Changed Since Last Report)
<PAGE> 2
Item 5. Other Events
On May 19, 2000, Atlantic Coast Airlines Holdings, Inc. (the
"Company") provided notice that the Company intended to redeem
all of its 7% Convertible Subordinated Notes due 2004 (the
"Notes") that remained outstanding as of July 3, 2000. Pursuant
to the terms of the indenture under which the Notes were issued,
holders of the Notes were entitled at any time before the close
of business on June 26, 2000 to convert the Notes into the
Company's common stock at a conversion price of $9.00 per share.
Notes with a principal amount of $19,820,000, representing all of
the outstanding Notes, were timely submitted for conversion, and
2,202,217 shares of Company common stock have been issued upon
conversion of those Notes.
Separately, the Company announced that, after consulting with the
Federal Aviation Administration and Delta Connection, Inc., the
schedule for obtaining operating certification for the Company's
ACJet subsidiary has been revised, with an expected completion
date of mid-to-late July. The Company expects Delta Connection,
Inc. to announce the start date for revenue service shortly
thereafter. The Company previously anticipated the start-up of
scheduled service by its ACJet subsidiary by the beginning of
July 2000. The first two sentences in this paragraph contain
projections and represent forward-looking information. A number
of risks and uncertainties exist which could cause actual results
to differ from these projections. Those factors include, among
others, adverse weather conditions, scheduling constraints or
other delays in obtaining regulatory approval for ACJet to
conduct air transportation.
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 11, 2000 By: Thomas J. Moore
Title: President and Chief
Operating Officer
