World Airways Extends Boeing 747-400 Freighter Lease for Cargolux

PEACHTREE CITY, Ga., June 20, 2011 /PRNewswire/ -- World Airways, a subsidiary of Global Aviation Holdings Inc., is extending its agreement with Cargolux to operate one Boeing 747-400 freighter aircraft on a full-time basis beginning in July 2011.

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Cargolux is one of the leading cargo airlines worldwide, operating scheduled and charter services on a network covering all continents. The company offers 40 years of experience and, measured in tonne-kilometers flown, today ranks in 10th position worldwide. It is the largest all-cargo airline in Europe. Cargolux currently operates a fleet of fifteen B747-400 freighter aircraft to move valuable and time-sensitive commodities on a worldwide network covering more than 90 destinations.

"World Airways is proud to continue our partnership with such an established, quality cargo carrier, and we value the opportunity to serve Cargolux and its customers as an integral part of their global network," said Brian Bauer, Chief Commercial Officer.

Global Aviation Holdings Inc., based in Peachtree City, Georgia, is the parent company of North American Airlines and World Airways. World Airways, founded in 1948 and based in Peachtree City, Georgia, specializes in providing ACMI solutions using B747-400 and MD-11 freighter and passenger aircraft. North American Airlines, founded in 1989 and based in Jamaica, N.Y., operates B757-200ER and B767-300ER aircraft.  For more information, please visit www.glah.com.

SOURCE Global Aviation Holdings Inc.

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