Kitty Hawk Announces Fourth Quarter and Full Year 2005 Financial Results Release Date and Conference Call

Kitty Hawk, Inc. (AMEX:KHK), the parent company of Kitty
Hawk Cargo, Inc. and Kitty Hawk Aircargo, Inc. today announced that it
will release financial results for the fourth quarter and full year
ended December 31, 2005 on Monday, March 20, 2006 after the market
close. Kitty Hawk will also host a conference call and webcast on
Tuesday, March 21, 2006 at 9:30 a.m. Central Time (10:30 a.m. Eastern
Time) to discuss the Company's fourth quarter and full year results,
outlook for 2006, and current corporate developments. The dial-in
number for the conference call is 800-240-2430 for domestic
participants and 303-262-2131 for international participants.
   A taped replay of the conference call will also be available
beginning approximately one hour after the call's conclusion and will
remain available for 7 days. It can be accessed by dialing
800-405-2236 for domestic callers and 303-590-3000 for international
callers, both using the passcode 11055935#. To access the live webcast
of the call, go to Kitty Hawk's website at www.kittyhawkcompanies.com
and click on the Investors icon. An archived webcast will also be
available at www.kittyhawkcompanies.com.

   About Kitty Hawk, Inc.

   www.kittyhawkcompanies.com

   As a recognized leader in customer service, Kitty Hawk is the
premier provider of guaranteed, mission-critical, scheduled overnight
air and beginning October 31, 2005 of scheduled time-definite
coast-to-coast less-than-truckload (LTL) ground freight transportation
to major business centers and surrounding communities throughout North
America, including, Alaska, Hawaii, Toronto, Canada, and San Juan,
Puerto Rico. With more than 30 years experience in the aviation and
air freight industries, Kitty Hawk plays a key connecting role in the
global supply chain. Kitty Hawk serves the logistics needs of more
than 550 freight forwarders, integrated carriers, logistics companies
and major airlines with its extensive integrated air and ground
network, fleet of Boeing 737-300SF and 727 cargo aircraft, as well as
a 239,000 square-foot cargo warehouse, US Customs clearance and sort
facility at its Fort Wayne, Indiana hub. In 2005, Kitty Hawk became
the North American launch customer for the fuel-efficient and
environmentally-friendly Boeing 737-300SF aircraft. Kitty Hawk's air
and ground cargo networks and award-winning, guaranteed overnight
time-definite service are ideal for heavy-weight shipments (over 150
lbs), special goods with unique dimensions, perishables, animals and
other valuable shipments.