SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, DC 20549
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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) November 29, 2000
Atlas Air, Inc.
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(Exact name of registrant as specified in its charter)
Delaware 0-25732 84-1207329
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(State or other jurisdiction (Commission (IRS Employer
of incorporation) File Number) Identification No.)
2000 Westchester Avenue, Purchase, New York 10577
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(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code:(914) 701-8000
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Not Applicable
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(Former name or former address, if changed since last report)
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Item 5. Other Events.
On November 21, 2000, the United States Court of Appeals for the District
of Columbia Circuit issued a decision reversing an earlier decision of the
United States District Court of the District of Columbia in a lawsuit pending
between the Air Line Pilots Association and Atlas Air, Inc. (NYSE: CGO).
As part of the litigation, ALPA challenged Atlas Air's exclusion of its
pilots from the corporate profit-sharing plan following certification. The
District Court concluded that Atlas' action was completely lawful. On ALPA's
appeal, however, the Court of Appeals reversed and remanded the suit to the
District Court.
Atlas Air continues to believe that the exclusion of its pilots from the
corporate profit-sharing plan was lawful and intends to petition the Court for a
rehearing in addition to pursuing all other available legal remedies.
The registrant hereby incorporates by reference the press release attached
hereto as Exhibit 99.1 into this Item 5.
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Item 7. Financial Statements and Exhibits.
(c) The following Exhibits are filed as part of this report:
EXHIBIT NO. DESCRIPTION
99.1 Press release issued by the Registrant on November 29, 2000
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.
ATLAS AIR, INC.
(Registrant)
Dated: November 29, 2000 By: /s/ Richard H. Shuyler
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Name: Richard H. Shuyler
Title: Executive Vice President
- Strategic Planning
and Treasurer
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EXHIBIT INDEX
EXHIBIT NO. DESCRIPTION
99.1 Press release issued by the Registrant on November 29, 2000
