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 Report (Date of Earliest Event Reported): November 8, 2002

Lease Investment Flight Trust

(Exact Name of Registrant as Specified in its Charter)

Delaware

(State or Other Jurisdiction of Incorporation)


333-69864		51-65219

(Commission File Number)		(I.R.S. Employer Identification No.)


1100 North Market Street, Rodney Square North, Wilmington, Delaware		19890

(Address of Principal Executive offices)		(Zip Code)

(302) 651-1000

(Registrant’s Telephone Number, Including Area Code)

Not Applicable

(Former Name or Former Address, if changed Since Last Report)

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	Item 5. Other Events.
SIGNATURE

Item 5. Other Events.

On November 8, 2002, pursuant to Section 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”), and Rule 12h-3(b)(1)(i) promulgated under the Exchange Act, Lease Investment Flight Trust, a Delaware business trust (“LIFT”), will be filing a certification on Form 15 with the Securities and Exchange Commission to suspend its duty to file reports under Section 15(d) of the Exchange Act, including those on Forms 8-K, 10-Q and 10-K containing monthly, quarterly and annual reports, respectively (“Periodic Reports”), with respect to its Class A-1, Class A-2, Class A-3, Class B-1, Class B-2, Class C-1 and Class C-2 Notes (the “Notes”). LIFT will continue to provide Periodic Reports to its noteholders (“Noteholders”) in accordance with the terms of the indenture governing the Notes. Phoenix American Financial Services, Inc., the administrative agent to LIFT (the “Administrative Agent”), is creating a website at [www.liftreports.com] for Noteholders to access LIFT’s Periodic Reports.

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized.


	LEASE INVESTMENT FLIGHT TRUST

Date: November 8, 2002	By:	/s/ David H. Treitel Equity Trustee and Controlling Trustee

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LEASE INVESTMENT FLIGHT TRUST 8-K