WLDAE World Air Holdings (MM)

PEACHTREE CITY, Ga., Jan. 17 /PRNewswire-FirstCall/ -- World Airways, a wholly owned subsidiary of World Air Holdings, Inc. (NASDAQ:WLDAE) announced today that the company will meet with the International Brotherhood of Teamsters (IBT) negotiating team representing World Airways pilots on Jan. 23, 2006, at the offices of the National Mediation Board (NMB). The company and the IBT have been in a 30-day cooling-off period since being released from mediation by the NMB on Dec. 28, 2005. The cooling-off period expires at midnight Jan. 27, 2006. World Airways has 430 pilots operating wide-body passenger and cargo aircraft for its U.S. military and commercial customers. World Airways, a wholly owned subsidiary of World Air Holdings, Inc., is a U.S.-certificated air carrier providing customized transportation services for major international passenger and cargo carriers, the United States military, major freight forwarders and international leisure tour operators. Founded in 1948, World operates a fleet of 17 wide-body aircraft to meet the specialized needs of its customers. For information, visit http://www.worldairways.com/. First Call Analyst: FCMN Contact: DATASOURCE: World Air Holdings, Inc. CONTACT: Media, Steve Forsyth, +1-770-632-8322, or Investors, Janice Kuntz, +1-404-352-2841, both of World Air Holdings, Inc. Web site: http://www.worldairways.com/

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