UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, DC 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): OCTOBER 16, 2002 Atlas Air Worldwide Holdings, Inc. ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-25732 13-4146982 ------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 2000 Westchester Avenue, Purchase, New York 10577 ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (914) 701-8000 -------------- ------------------------------------------------------------------------------- (Former name or former address, if changed since last report) Atlas Air, Inc. ------------------------------------------------------------------------------- (Exact name of registrant as specified in its charter) Delaware 0-25732 84-1207329 ------------------------------------------------------------------------------- (State or other jurisdiction (Commission (IRS Employer of incorporation) File Number) Identification No.) 2000 Westchester Avenue, Purchase, New York 10577 ------------------------------------------------------------------------------- (Address of principal executive offices) (Zip Code) Registrant's telephone number, including area code: (914) 701-8000 -------------- ------------------------------------------------------------------------------- (Former name or former address, if changed since last report) This combined Form 8-K is separately filed by Atlas Air Worldwide Holdings, Inc. and Atlas Air, Inc. Information contained herein relating to any individual registrant is filed by such registrant on its behalf. No registrant makes any representation as to information relating to any other registrant. ITEM 5. OTHER EVENTS. On October 16, 2002, Atlas Air Worldwide Holdings, Inc. (the "Company") announced that it will initiate a re-audit of its financial results for fiscal years 2000 and 2001. This decision is based on a determination by the Company that adjustments must be made in certain areas, which will require a restatement of certain prior financial reports. These adjustments will have no effect on the Company's cash position. The Company anticipates that the re-audit will be completed in early 2003, along with the completion of audited financial statements for fiscal 2002. For additional information, see the Atlas Air Worldwide Holdings, Inc. press release, issued on October 16, 2002, which is attached hereto as Exhibit 99.1 and incorporated herein by reference. ITEM 7. FINANCIAL STATEMENTS AND EXHIBITS. (c) The following Exhibit is filed as part of this report: EXHIBIT NO. DESCRIPTION 99.1 Atlas Air Worldwide Holdings, Inc. press release, issued on October 16, 2002. 2 SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, each Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. ATLAS AIR WORLDWIDE HOLDINGS, INC. (Registrant) Dated: October 16, 2002 By: /s/ Douglas A. Carty --------------------------------- Name: Douglas A. Carty Title: Senior Vice President and Chief Financial Officer ATLAS AIR, INC. (Registrant) Dated: October 16, 2002 By: /s/ Douglas A. Carty -------------------------------- Name: Douglas A. Carty Title: Senior Vice President and Chief Financial Officer 3 EXHIBIT INDEX EXHIBIT NUMBER DESCRIPTION ------- ----------- 99.1 Atlas Air Worldwide Holdings, Inc. press release, issued on October 16, 2002.