World Airways

April 18, 2012 - 3:45pm

Lufthansa Technik and Global Aviation Holdings, a provider of passenger and cargo charter, have extended their existing cooperation for Global’s wholly owned subsidiaries World Airways and North American Airlines.

The two companies have signed a maintenance contract for up to nine World Airways MD-11s and a support contract for North American’s five Boeing 767-300ERs. Both contracts are for five years.

February 10, 2012 - 10:55am
WorldAirways747

Global Aviation Holdings, the largest commercial provider of charter lift to the U.S. military, filed for Chapter 11 bankruptcy reorganization February 5 in New York. The company cited reduced rates paid by the military, the end of the war in Iraq, the drawdown of troops in Afghanistan and decreased demand for commercial cargo services as driving its decision to seek relief from creditors.

 
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