-----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, VXndyPfWSZZ+JzrJkv6Kv3/lLv5nHQg7NkVYPO/h047Wxq1Z7DQb/s+JP931sYlf WIa8aFyk/BxOsn8NhehdjQ== 0000898904-02-000018.txt : 20020812 0000898904-02-000018.hdr.sgml : 20020812 20020812165156 ACCESSION NUMBER: 0000898904-02-000018 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 1 CONFORMED PERIOD OF REPORT: 20020812 ITEM INFORMATION: FILED AS OF DATE: 20020812 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: 0630 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 000-21642 FILM NUMBER: 02727305 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 august128k.txt ATA HOLDINGS CORP. 8-K 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: August 12, 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") is furnishing as Exhibit 99 hereto certain selected operating and financial statistics which are being provided to the investment community in a letter dated August 12, 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: August 12, 2002 Exhibit 99 August 12, 2002 The following enclosures contain forward-looking information. Such forward-looking information is based upon management's current knowledge of factors affecting the Company'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. The Company 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 August 12 ATA Holdings Corp. Investor Update. The operating statistics shown below reflect actual January - July traffic and capacity statistics. Our fuel consumption and expenditures have also been updated to reflect actual statistics, as well as 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 August 12, 2002
Expected Capacity (expressed in Available Seat Miles) (in millions) Business Unit 1st Quarter 2002 2nd Quarter 2001 3rd Quarter 2002 4th Quarter 2002 Full Year 2002 Full Year 2003 (Actual) (Actual) (Forecast) (Forecast) (Forecast) (Forecast) Scheduled Service - Jets 2,976 3,247 3,574 3,580 13,377 16,180 (yr/yr) 6.8% 11.1% 21.3% 35.4% 18.4% 21.0% Scheduled Service - Commuter 45 48 64 60 217 320 (yr/yr) 45.2% 41.2% 73.0% 36.4% 48.6% 47.5% Military 494 510 426 680 2,110 3,110 (yr/yr) -3.3% -11.7% -13.2% 19.9% -1.7% 47.4% Charter 790 441 293 340 1,864 1,160 (yr/yr) 1.4% -33.4% -63.3% -2.9% -28.0% -37.8% Sub-service 2 4 6 0 12 0 (yr/yr) -75.0% 300.0% 600.0% NM 33.3% NM Total 4,307 4,250 4,363 4,660 17,580 20,770 (yr/yr) 4.6% 1.3% 2.1% 29.3% 8.6% 18.1%
Expected Traffic (expressed in Revenue Passenger Miles) (in millions) Business Unit 1st Quarter 2002 2nd Quarter 2002 3rd Quarter 2002 4th Quarter 2002 Full Year 2002 (Actual) (Actual) (Forecast) (Forecast) (Forecast) Scheduled Service - Jets 2,155 2,488 2,729 2,570 9,942 (yr/yr) 3.2% 6.9% 18.3% 36.8% 15.6% Scheduled Service - Commuter 29 34 39 40 142 (yr/yr) 31.8% 41.7% 77.3% 53.8% 51.1% Military 214 253 203 300 970 (yr/yr) -7.4% 0.4% -20.7% 32.2% 0.4% Charter 633 349 233 250 1,465 (yr/yr) 9.9% -30.8% -65.5% -2.0% -27.1% Sub-service 1 2 2 0 5 (yr/yr) -80.0% 200.0% 200.0% NM 0% Total 3,032 3,126 3,206 3,160 12,524 (yr/yr) 3.8% 0.6% -1.7% 32.4% 7.3%
Fuel Outlook 1st Quarter 2002 2nd Quarter 2002 3rd Quarter 2002 4th Quarter 2002 Full Year 2002 (Actual) (Actual) (Forecast) (Forecast) (Forecast) Price per Gallon $0.766 $0.894 $0.895 $0.931 $0.874 Gallons Consumed (000) 60,727 57,209 57,627 60,589 236,152 % Gallons Hedged 5% 24% 18% 0% 11% % Gallons Passed Through 35% 26% 30% 26% 29%
AMTR Fleet Summary Year-End 2001 to Year-End 2002 Aircraft Type Operating Change Operating Change Operating 12/31/01 (Projected) 12/31/02 (Projected) 12/31/03 (Actual) (Projected) (Projected) Boeing 737-800 14 +16 30 +1 31 Boeing 757-200 15 +1 16 -1 15 Boeing 757-300 5 +5 10 +2 12 Boeing 727-200 10 -10 0 0 0 Lockheed L1011 15 -3 12 -3 9 Total Jets 59 +9 68 -1 67 Saabs 11 +6 17 0 17
Capital Expenditures and Aircraft Deposit Inflows (Outflows) (in millions) 1st Quarter 2002 2nd Quarter 2002 3rd Quarter 2002 4th Quarter 2002 Full Year 2002 (Actual) (Actual) (Forecast) (Forecast) (Forecast) Non-Flight Capital Expenditures ($4) ($5) ($9) ($5) ($23) Aircraft Bridge Financing1 ($115) $115 $0 $0 $0 Aircraft Maintenance and Parts ($26) ($8) ($10) ($13) ($57) Total Capital Expenditures ($145) $102 ($19) ($18) ($80) Aircraft Pre-Delivery Deposit $11 $12 $2 $15 $40 Returns/(Payments)
1 Reflects purchase of two Boeing 757-300's financed with operating leases in Q2 NM Not meaningful -----END PRIVACY-ENHANCED MESSAGE-----