World Airways to operate Boeing 747-400 Freighter for Cargolux

World Airways, a subsidiary of Global Aviation Holdings, has signed an agreement with Cargolux to operate one Boeing 747-400 aircraft on a full-time basis for air cargo service beginning October 2010 through June 2011. Cargolux is one of the leading cargo airlines worldwide, operating scheduled and charter services on a network covering all continents. The company offers 40 years of experience and, measured in tonne-kilometers flown, today ranks in 8th position worldwide. It is the largest all-cargo airline in Europe. Cargolux uses a fleet of 15 B747-400 freighter aircraft to move valuable and time-sensitive commodities on a worldwide network covering more than 90 destinations.