Article: IN A RETURN TO ITS CORE BUSINESS WORLD AIRWAYS ANNOUNCES THAT IT WILL DISCONTINUE REGULARLY SCHEDULED FLIGHTS

All Ticketed Passengers to be Protected on Other Carriers

HERNDON, Va., July 31 /PRNewswire/ -- World Airways (Nasdaq: WLDA), the company that operates a $1.2 billion fleet of MD-11 and DC-10 worldwide, and the airline that built its reputation over its 48-year lifetime by operating aircraft and moving men, women and materials for the military, as well as conducting many missions of mercy during the Vietnam War, announced today that it was ending its regularly scheduled flights.

"We are returning full-time to what we know best -- operating aircraft under contracts with the U.S. military and international airlines," said Charles W. Pollard, president and chief ...

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