-----BEGIN PRIVACY-ENHANCED MESSAGE----- Proc-Type: 2001,MIC-CLEAR Originator-Name: webmaster@www.sec.gov Originator-Key-Asymmetric: MFgwCgYEVQgBAQICAf8DSgAwRwJAW2sNKK9AVtBzYZmr6aGjlWyK3XmZv3dTINen TWSM7vrzLADbmYQaionwg5sDW3P6oaM5D3tdezXMm7z1T+B+twIDAQAB MIC-Info: RSA-MD5,RSA, P2zb249agvDmIt+1Go7HvV2z9SlyRRXw/R0lZfEmKp+KWlgxvYcO9xHlLHsL2/+6 Z25hIWE44kUP6c6rBdsenA== 0000898904-02-000014.txt : 20020520 0000898904-02-000014.hdr.sgml : 20020520 20020520154919 ACCESSION NUMBER: 0000898904-02-000014 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020520 ITEM INFORMATION: FILED AS OF DATE: 20020520 FILER: COMPANY DATA: COMPANY CONFORMED NAME: ATA HOLDINGS CORP CENTRAL INDEX KEY: 0000898904 STANDARD INDUSTRIAL CLASSIFICATION: AIR TRANSPORTATION, NONSCHEDULED [4522] IRS NUMBER: 351617970 STATE OF INCORPORATION: IN FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21642 FILM NUMBER: 02657673 BUSINESS ADDRESS: STREET 1: 7337 W WASHINGTON ST CITY: INDIANAPOLIS STATE: IN ZIP: 46231 BUSINESS PHONE: 3172474000 FORMER COMPANY: FORMER CONFORMED NAME: AMTRAN INC DATE OF NAME CHANGE: 19930318 8-K 1 ata2002may8-k.txt ATA HOLDINGS CORP. MAY 2002 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 earliest event reported: May 20, 2002 ATA HOLDINGS CORP. (Exact name of registrant as specified by its charter) Indiana 35-1617970 Item 9. Regulation FD Disclosure ATA Holdings Corp. (the "Company"), formerly known as Amtran Inc., is furnishing as Exhibit 99 hereto certain selected operating and financial statistics which are being provided to the investment community in a letter dated May 20, 2002. Pursuant to the requirement 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. ATA Holdings Corp. (Registrant) /s/ Kenneth K.Wolff Kenneth K. Wolff Executive Vice President and Chief Financial Officer Date: May 20, 2002 Exhibit 99 May 20, 2002 The following enclosures contain forward-looking information. Such forward-looking information is based upon management's current knowledge of factors affecting ATA Holdings Corp.'s business. Where the Company expresses an expectation or belief as to future results in any forward-looking information, such expectation or belief is expressed in good faith and is believed to have a reasonable basis. The differences between expected outcomes and actual results can be material, depending upon the circumstances. The expected capacity figures are dependent upon delivery and fleet transition schedules that could change. The expected fuel outlook is based upon management's estimation of fuel consumed by the Company's aircraft and future fuel prices that may differ materially from current Company expectations. The Company can provide no assurance that its expectations will be achieved. ATA Holdings Corp. assumes no obligation to update such estimates to reflect actual results, changes in assumptions or changes in other factors affecting such estimates. Dear Investment Community: We are pleased to present you with our May 20 ATA Holdings Corp. Investor Update. The operating statistics shown below reflect actual January - April traffic and capacity statistics. Our fuel consumption and expenditures have also been updated to reflect actual statistics, as well as recent hedging activity. As described in the above paragraph, this document contains forward-looking information. While we currently expect to update this information regularly, we are under no obligation to do so and these projections, as always, are subject to change. Sincerely, Kenneth K. Wolff Executive Vice President and Chief Financial Officer
ATA HOLDINGS CORP. INVESTOR UPDATE As of May 20, 2002 Expected Capacity (expressed in Available Seat Miles) (in thousands) Business Unit 1st Quarter 2002 2nd Quarter 3rd Quarter 2002 4th Quarter Full Year 2002 (Actual) 2002 (Forecast) 2002 (Forecast) (Forecast) (Forecast) - ------------------------------------------------------------------------------------------------------------------------- Scheduled Service - Jets 2,975,917 3,231,931 3,563,529 3,583,892 13,355,269 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) 6.8% 10.6% 21.0% 35.5% 18.2% - ------------------------------------------------------------------------------------------------------------------------- Scheduled Service - Commuter 44,603 48,548 64,066 63,297 220,514 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) 43.6% 42.3% 74.0% 44.6% 51.3% - ------------------------------------------------------------------------------------------------------------------------- Military 493,666 553,775 573,517 681,660 2,302,618 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) -3.4% -4.2% 16.7% 20.3% 7.2% - ------------------------------------------------------------------------------------------------------------------------- Charter 789,801 465,948 287,854 341,601 1,885,204 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) 1.4% -29.6% -63.9% -2.3% -27.2% - ------------------------------------------------------------------------------------------------------------------------- Sub-service 2,443 0 0 0 2,443 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) -68.0% NA NA NA -70.8% - ------------------------------------------------------------------------------------------------------------------------- Total 4,306,430 4,300,202 4,488,966 4,670,450 17,766,048 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) 4.7% 2.5% 5.1% 29.6% 9.8% - -------------------------------------------------------------------------------------------------------------------------
Expected Traffic (expressed in Revenue Passenger Miles) (in thousands) - ------------------------------------------------------------------------------------------------------------------------- Business Unit 1st Quarter 2002 2nd Quarter 3rd Quarter 2002 4th Quarter Full Year 2002 (Actual) 2002 (Forecast) 2002 (Forecast) (Forecast) (Forecast) - ------------------------------------------------------------------------------------------------------------------------- Scheduled Service - Jets 2,154,743 2,474,246 2,703,916 2,574,336 9,907,241 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) 3.2% 6.3% 17.2% 37.1% 15.2% - ------------------------------------------------------------------------------------------------------------------------- Scheduled Service - Commuter 28,612 32,915 38,242 36,980 136,749 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) 30.1% 37.3% 71.9% 43.3% 45.5% - ------------------------------------------------------------------------------------------------------------------------- Military 214,608 259,336 292,326 304,591 1,070,861 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) -7.0% 2.9% 14.4% 33.9% 10.9% - ------------------------------------------------------------------------------------------------------------------------- Charter 632,878 360,299 217,028 251,079 1,461,284 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) 9.8% -28.5% -67.9% -1.4% -27.3% - ------------------------------------------------------------------------------------------------------------------------- Sub-service 833 0 0 0 833 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) -82.5% NA NA NA -84.0% - ------------------------------------------------------------------------------------------------------------------------- Total 3,031,674 3,126,796 3,251,512 3,166,986 12,576,968 - ------------------------------------------------------------------------------------------------------------------------- (yr/yr) 3.8% 0.6% -0.3% 32.7% 7.7% - -------------------------------------------------------------------------------------------------------------------------
Fuel Outlook ---------------------------------------------------------------------------------------------------------------------------- 1st Quarter 2002 2nd Quarter 2002 3rd Quarter 2002 4th Quarter 2002 Full Year 2002 (Actual) (Forecast) (Forecast) (Forecast) (Forecast) ---------------------------------------------------------------------------------------------------------------------------- Price per Gallon $0.766 $0.895 $0.923 $0.962 $0.890 ---------------------------------------------------------------------------------------------------------------------------- Gallons Consumed (000) 60,727 57,665 60,816 61,091 240,299 ---------------------------------------------------------------------------------------------------------------------------- % Gallons Hedged 5% 24% 9% 0% 9% ---------------------------------------------------------------------------------------------------------------------------- % Gallons Passed Through 35% 23% 19% 20% 24% ----------------------------------------------------------------------------------------------------------------------------
AMTR Fleet Summary Year-End 2001 to Year-End 2002 - ----------------------------------------------------------------------------------------------------------------- Aircraft Type Operating 12/31/01 Change Operating (Actual) (Projected) 12/31/02 (Projected) - ----------------------------------------------------------------------------------------------------------------- Boeing 737-800 14 +16 30 - ----------------------------------------------------------------------------------------------------------------- Boeing 757-200 15 +1 16 - ----------------------------------------------------------------------------------------------------------------- Boeing 757-300 5 +5 10 - ----------------------------------------------------------------------------------------------------------------- Boeing 727-200 10 -10 0 - ----------------------------------------------------------------------------------------------------------------- Lockheed L1011 15 -2 13 - ----------------------------------------------------------------------------------------------------------------- Total Jets 59 +10 69 - ----------------------------------------------------------------------------------------------------------------- - ----------------------------------------------------------------------------------------------------------------- Saabs 11 +6 17 - -----------------------------------------------------------------------------------------------------------------
Capital Expenditures and Aircraft Deposit Inflows (Outflows) (in millions) ---------------------------------------------------------------------------------------------------------------------------- 1st Quarter 2nd Quarter 2002 3rd Quarter 2002 4th Quarter Full Year 2002 2002 (Forecast) (Forecast) 2002 (Forecast) (Actual) (Forecast) ---------------------------------------------------------------------------------------------------------------------------- Non-Flight Capital Expenditures ($4) ($6) ($10) ($5) ($25) ---------------------------------------------------------------------------------------------------------------------------- Aircraft Bridge Financing 1 ($115) $115 NA NA $0 ---------------------------------------------------------------------------------------------------------------------------- Aircraft Mx and Parts ($26) ($18) ($16) ($15) ($75) ---------------------------------------------------------------------------------------------------------------------------- Purchase of Aircraft off Lease NA ($7) ($4) ($7) ($18) ---------------------------------------------------------------------------------------------------------------------------- Total Capital Expenditures ($145) $84 ($30) ($27) ($118) ---------------------------------------------------------------------------------------------------------------------------- ---------------------------------------------------------------------------------------------------------------------------- Aircraft Pre-Delivery Payments 2 $11 $6 $8 $15 $39 ------------------------------------ ---------------- ----------------- ----------------- ---------------- ----------------- 1. Reflects purchase of two 757-300's that will be financed with operating leases in Q2 2. Net of financing
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