Wednesday, February 11, 2004

World Airways picks up $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."

Back to Business Home Page Back to the top of the page