World Airways picks up 19 million contracts

World Airways

picks u p $19 million contracts

World Airways, Inc. announced

that it has signed a contract extension with Menlo Worldwide (formerly

Emery Worldwide) valued at approximately $19 million.� This extends World ' s

current contract through December 2004.

Under the contract, World Airways

will operate an MD-11 freighter aircraft between

Dayton, Ohio and Brussels, Belgium. The renewal of this agreement marks

the beginning of the sixth consecutive year that World Airways and Menlo

Worldwide have operated an MD-11 freighter aircraft over this route.

Hollis L. Harris,

chairman and CEO of World Airways, stated, "This renewal is a solid

indication of the trust and value we have built with each other, and reflects

our commitment to building long-term partnerships.� It is� confirmation

of the high level of reliability that the MD-11 freighter continues to

exhibit year after year."

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