Global Aviation Holdings and Lufthansa Technik Extend Component Services

Global Aviation Holdings (Global), a leading provider of charter air transportation, commercial global passenger and cargo air transportation services, and Lufthansa Technik AG have extended their existing cooperation for Global's wholly owned subsidiaries World Airways (World) and North American Airlines (North American).

The two companies have signed a new Total Component Maintenance TCM contract for up to nine MD11 from World and a Total Component Support TCS® for the five Boeing 767-300ER of North American. Both contracts cover a period of five years.

"Lufthansa Technik's expertise to globally support our two airlines, in conjunction with the ability to adapt the program to the specific needs of both World Airways and North American Airlines, made LHT our provider of choice," said Charlie Addison, Senior Vice President, Global Shared Service (subsidiary of Global).

Robert Gaag, Vice President Marketing and Sales North America from Lufthansa Technik, added: "The contracts with Global Aviation Holdings are the latest proof for our abilities to offer appropriate support in the very special air transport and air cargo market. We are extremely proud that one of the worldwide leading air transportation companies has re-confirmed its trust in the quality of our technical services. This is a strong motivation for us to further
increase our activities in the very competitive U.S. market."

The new TCM is an extension to an existing TCS® with World to service three Boeing 747-400. The new contract comprises about 800 part numbers. Lufthansa Technik will mainly support World at its bases at Tampa International Airport in Florida/USA and at Leipzig/Halle Airport in Germany. Additionally, the two companies agreed on a logistics concept for a worldwide delivery of components.

The new TCS® for North American is an extension to the existing home base lease contract between the two companies for the Boeing 767 fleet. The TCS® includes about 1,100 part numbers. Lufthansa Technik will also focus its support for North American on the bases of the
airline at Tampa International Airport in Florida /USA and at Leipzig/Halle Airport in Germany, but will guarantee a global component delivery service, too.

Global Aviation Holdings
Global Aviation Holdings (Global), through its wholly owned subsidiaries World Airways (World) and North American Airlines (North American), is the largest commercial provider of charter air
transportation for the U.S. Military, and a major provider of worldwide commercial global passenger and cargo air transportation services. Global offers a combined fleet of 16 cargo and passenger aircraft and takes pride in being the leader in customized air transportation with its fleet of Boeing 747, MD11 and Boeing 767 aircraft.

North American Airlines
North American Airlines (North American) is a wholly owned subsidiary of Global Aviation Holdings. As a Part 121 fully certified United States Flag Air Carrier since 1989, North American provides exceptional air transportation services throughout the world. With a reputation for first-class technical and operational performance, North American operates a fleet of 5 Boeing 767-300ER (180 ETOPS) aircraft. North American provides worldwide charter operations for the U.S. Military, Tour Operators, Incentive Groups, Government Agencies, Sports Teams and other airlines.

World Airways
World Airways (World) is a wholly owned subsidiary of Global Aviation Holdings. As a fully certified United States Flag Air Carrier since 1948, World has a long history of serving passenger, cargo and military customers across six continents. With a fleet of 11 wide-body Boeing 747, and MD11 aircraft, World has the equipment, experience and flexibility to meet the demands of major international airlines, freight forwarders, tour and cruise operators and government entities. World Airways is proud of its long relationship with the Air Mobility Command and serves as the largest commercial carrier of U.S. Military personnel.

Lufthansa Technik
The Lufthansa Technik Group, with more than 30 subsidiaries and associates and over 26,000 employees worldwide, is one of the leading manufacturer-independent providers of technical services for the aviation industry. Its portfolio encompasses the entire spectrum of services for commercial aircraft: maintenance, repair, overhaul, modification and refit, engines and components.

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