June 14, 2011

PEACHTREE CITY, Ga. (June 14, 2011) – World Airways, a subsidiary of Global
Aviation Holdings Inc., has reached an agreement with Saudi Airlines Cargo
Company (SACC) to operate one Boeing 747-400 freighter on a full-time basis
beginning in June 2011. Under the agreement, World will provide capacity for
SACC’s expanding network in the Middle East, Africa and Europe.
“World Airways is proud to be part of the growing Saudi Airlines Cargo
system, utilizing our Boeing 747-400 fleet,” said Brian Bauer, Chief Commercial
Officer. “SACC is a dynamic cargo airline focused on building a comprehensive
international network for its clients.”

“This is an important step and an addition in our fleet that will allow us to
meet our customer demands, also it will give us the opportunity to further expand
our network to explore new markets to enter," said Fahad Hammad, Saudi
Airlines Cargo Co. CEO.

Saudi Airlines Cargo currently operates 10 freighters and utilizes the bellycapacity
on 125 passenger aircraft of Saudi Arabian Airlines spanning a rapidly
expanding global network of 225 destinations.

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.

Steve Forsyth
(770) 632-8322