World Air Holdings Will Return to WLDA Trading Symbol

PEACHTREE CITY, Ga., Feb. 24  /PRNewswire-FirstCall/ -- World Air Holdings, Inc. (NASDAQ:WLDA) announced today that the Nasdaq Listing Qualifications Panel has deemed the company in compliance with Nasdaq Marketplace Rules after filing its restated second quarter Form 10-Q for the period ending June 30, 2005 and filing its third quarter Form 10-Q for the period ending Sept. 30, 2005, which will allow the company to return to its WLDA trading symbol on the Nasdaq National Market. Nasdaq will remove the "E" from the company's symbol when the market opens Monday, Feb. 27, 2006.

World Air Holdings has three wholly owned subsidiaries, World Airways, Inc., North American Airlines, Inc., and World Risk Solutions, Ltd. World Airways is a charter passenger and cargo airline founded in 1948, North American is a charter passenger airline founded in 1989, and World Risk Solutions is an insurance subsidiary established in 2004.

["Safe Harbor" statement under the Private Securities Litigation Reform Act of 1995:  This release contains forward looking statements that are subject to risks and uncertainties including, but not limited to, the impact of competition in the market for air transportation services, the cyclical nature of the air carrier business, reliance on key marketing relationships, fluctuations in operating results and other risks detailed from time to time in the company's periodic reports filed with the SEC (reports are available from the company upon request).  These various risks and uncertainties may cause the company's actual results to differ materially from those expressed in any of the forward looking statements made by, or on behalf of the company in this release.] 

First Call Analyst: 

FCMN Contact: 

DATASOURCE: World Air Holdings, Inc.



CONTACT:  Media, Steve Forsyth, [phone], or Investors, Janice

Kuntz, [phone], both of World Air Holdings, Inc.



Web site:  http://www.worldairways.com/

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