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
December 20, 2006
Date of Report (Date of earliest event reported)
GREAT LAKES AVIATION, LTD.
(Exact Name of Registrant as Specified in Its Charter)
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000-23224
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42-1135319 |
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(Commission File Number)
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(IRS Employer Identification No.) |
| Of Incorporation)
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1022 Airport Parkway
Cheyenne, Wyoming 82001
(Address of Principal Executive Offices, including Zip Code)
(307) 432-7000
(Registrant’s Telephone Number, including Area Code)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously
satisfy the filing obligation of the registrant under any of the following provisions (see General
Instruction A.2):
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
TABLE OF CONTENTS
ITEM 1.01 Entry Into A Material Definitive Agreement
On December 20, 2006, the Company and Boeing Capital Corporation (“Boeing”) entered into a
Settlement Agreement that discharged the Company’s obligations for overdue rent payments owed to
Boeing under a lease agreement for two Embraer aircraft. The total discharged payment amount was
$10,067,097. Simultaneously, the Company paid Boeing a lump sum of $1,150,000 and a maintenance
rent payment relating to two aircraft engines.
ITEM 9.01 Financial Statements and Exhibits.
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Exhibit 10.1
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Settlement Agreement entered into as of December 20, 2006, by and between
Boeing Capital Corporation and the Company. |