World Airways to Operate Three MD-11 Freighters for Lufthansa Cargo

PEACHTREE CITY, Ga., May 16 /PRNewswire-FirstCall/ -- Lufthansa Cargo and World Airways have signed an expanded 18-month contract to operate three MD-11 freighters between Europe and the United States beginning July 1, 2007. This will supersede the current contract for two MD-11 freighters through October 2007.

"World Airways has operated very reliably for Lufthansa between New York JFK and Europe and we are pleased that they have demonstrated their confidence in us by extending and expanding our contract," said Rob Binns, chief marketing officer for World Air Holdings, Inc. "Lufthansa Cargo is a leading international carrier with an impeccable reputation, and World Airways is proud to be one of Lufthansa Cargo's partners in providing excellent service for their customers."

Bernhard Kindelbacher, senior vice president, Product and Network Management of Lufthansa Cargo, added, "We very much appreciate the support of World Airways - as they are a very professional and reliable partner for our worldwide network."

Lufthansa Cargo operates 19 MD-11 freighters and currently has additional charter agreements for two MD-11 freighters and three Boeing 747 freighters.

About Lufthansa Cargo: With a transport volume of over 1.76 million tonnes of freight and mail shipments and 8.1 billion revenue tonne kilometres in 2006, Lufthansa Cargo is one of the world's leading cargo carriers. Its route network encompasses some 500 destinations. Lufthansa Cargo serves some of these direct with its own fleet of freighter aircraft as well as with belly capacities of Lufthansa's passenger aircraft and road feeder services. Most of the cargo business is handled via Frankfurt Airport, Europe's largest freight hub.

About World Airways: World Airways, Inc. is a wholly owned subsidiary of World Air Holdings, Inc. (OTC: WLDA.PK) It is a U.S.-certificated air carrier providing customized transportation services for major international passenger and cargo carriers, international freight forwarders, the United States military and international leisure tour operators. Founded in 1948, World Airways operates a fleet of 17 wide-body aircraft to meet the specialized needs of its customers.