World Airways and Pilots Union Negotiating Team to Meet With National Mediation Board January 23, 2006
17 January 2006 - 11:45PM
PR Newswire (US)
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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