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 26, 2000
KITTY HAWK, INC.
(Exact name of registrant as specified in charter)
Delaware 0-25202 75-2564006
(State or other (Commission File Number) (IRS Employer
jurisdiction of Identification No.)
incorporation)
1515 West 20th Street
P.O. Box 612787
Dallas/Fort Worth
International Airport,
Texas
(Address of principal 75261
executive offices) (Zip Code)
Registrant's telephone number, including area code: (972) 456-2200
Not Applicable
(Former name or former address, if changed since last report)
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ITEM 4. CHANGES IN REGISTRANT'S CERTIFYING ACCOUNTANT.
On May 26, 2000, Ernst & Young LLP resigned as the independent accountant
of Kitty Hawk, Inc. ("Registrant").
The reports of Ernst &Young LLP on the Registrant's financial statements
for each of the fiscal years ended December 31, 1998 and 1997, did not contain
an adverse opinion or disclaimer of opinion, nor were they qualified or modified
as to uncertainty, audit scope or accounting principles.
In connection with the audits of the Registrant's financial statements for
each of the fiscal years ended December 31, 1998 and 1997, there were no
disagreements between the Registrant and Ernst &Young LLP on any matters of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedures, which if not resolved to the satisfaction of Ernst &Young
LLP would have caused Ernst & Young LLP to make reference to the matter in their
report. The Registrant has requested Ernst & Young LLP to furnish a letter
addressed to the Commission stating whether it agrees with the above statements.
A copy of that letter, dated June 5, 2000 is filed as Exhibit 16.1 to this Form
8-K.
At the Registrant's April 18, 2000 Audit Committee meeting, Ernst & Young
LLP advised the Registrant of the need to expand the scope of its audit of the
1999 financial statements of the Registrant. The Registrant's Audit Committee
was in agreement with the scope expansion. However, Ernst & Young LLP resigned
prior to commencing the scope expansion and no opinion on the Registrant's
financial statements for the fiscal year ended December 31, 1999 was ever
issued. However, as of the date of Ernst & Young LLP's resignation, there were
no disagreements between the Registrant and Ernst &Young LLP on any matters of
accounting principles or practices, financial statement disclosure, or auditing
scope or procedures, which if not resolved to the satisfaction of Ernst &Young
LLP would have caused Ernst & Young LLP to make reference to the matter in their
report, if one were to be issued.
The Registrant has not engaged a new independent accountant to audit its
financial statements.
ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS.
(c) Exhibits
16.1 Letter on Change in Registrant's Certifying Accountant.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the
Company has duly caused this report to be signed on its behalf by the
undersigned thereunto duly authorized.
KITTY HAWK, INC.
Date: June 2, 2000
By: /s/ TILMON J. REEVES
---------------------
Name: Tilmon J. Reeves
Title: Chairman of the Board and
Chief Executive Officer
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EXHIBIT INDEX
EXHIBIT
NUMBER DESCRIPTION
16.1 Letter on Change in Registrant's Certifying Accountant.
