
World Airways, Inc., a wholly owned subsidiary of Global Aviation Holdings, Inc., is a U.S. certificated air carrier established in 1948. For 60 years, World Airways has been a global provider of long-range passenger and cargo air transportation services to the U.S. Air Force, major international airlines and freight forwarders, international leisure tour operators and cruise ship companies.The company operates wide-body, long-range aircraft (MD-11s, DC-10s and Boeing 747s) under two types of fixed-rate contracts - ACMI (aircraft, crew, maintenance and insurance) and Full Service. Under both types of contracts, the customer bears the responsibility for filling the aircraft's passenger and cargo capacity. Many of World's airline customers have determined that outsourcing a portion of their wide-body passenger or cargo requirements can be cost-effective, offering significant operational and financial flexibility.

General Atomics Aeronautical Systems, Inc. (GA-ASI), an affiliate of privately-held General Atomics, is a leading manufacturer of unmanned aircraft systems (UAS) and tactical reconnaissance radar, including the Predator UAS series and the Lynx SAR/GMTI sensor systems. The company is dedicated to providing long-endurance, mission-capable aircraft with the integrated sensor and datalink systems required to deliver persistent situational awareness and rapid strike capabilities.The company's Aircraft Systems Group is a leading designer and manufacturer of proven, reliable unmanned aircraft systems and provides pilot training and support services for UAS field operations. Revolutionizing aviation by expanding the capabilities of UAS, the group continues to push the envelope with innovative high-tech solutions that have produced an ever-growing line of versatile, reliable, cost-effective, and combat-proven aircraft. The Reconnaissance Systems Group manufactures airborne sensor packages that are specially designed to enhance the ISR capability of manned and unmanned aircraft systems. Offering total situational awareness to military decision-makers, the group also designs and provides integrated sensor packages including the Magnum (Raptor View) high-resolution EO/IR sensor system developed by General Atomics' Photonics Division.

The airline AS Estonian Air serves destinations throughout Western and Eastern Europe. Including the planes flown by subsidiary Estonian Air Regional, the carrier operates a fleet of some 10 Boeing and Saab aircraft. The company offers scheduled passenger services to about 20 European destinations and charter passenger transportation to more than 50. It also offers cargo transport and handling services for third-party airlines. The Estonian government owns a third of the carrier. Scandinavian airline SAS owns about half of Estonian Air but announced plans in early 2009 that it plans to divest its 49% stake.

Iran Aseman Airlines flies to nearly 50 destinations throughout its Persian homeland as well as to seven neighboring countries. Its main hub is the airport in Tehran, but one of three secondary ones is in Dubai in the United Arab Emirates. The carrier operates a fleet of 25 planes, including Fokker 100 and Boeing 727 jets as well as ATR-72 turboprops. Iran Aseman, founded in 1980, transports about 2.5 million passengers a year. (Aseman is the word for "skies" in Farsi, Iran's national language.) The airline acknowledges that ongoing US economic sanctions against Iran have hampered the carrier's ability to acquire new planes and parts at the most cost-effective rates.

EADS Test & Services (T&S) is part of the EADS Defence & Security Group and leads the world in civil and military avionics test systems. EADS T&S have a major international presence with locations in France, Germany, Spain, UK, United States, Middle East and India as well as a global distribution network. EADS Test & Services (UK) Limited is located near the south coast at Ferndown in Dorset and was formed following the acquisition of the Racal Instruments Group of companies; a long established supplier of professional test solutions to the Defence and Aerospace sectors. Products range from Commercial Off The Shelf test and measurement instrumentation through man-portable, in-field/depot test systems to customer special, bespoke, turn-key and integrated deployed support solutions.

Northrop Grumman Shipbuilding (NGSB) has been designing, building, overhauling and repairing a wide variety of ships for the U.S. Navy, the U.S. Coast Guard and world navies. Today, NGSB builds more ships, in more ship types/classes, than any other U.S. naval shipbuilder. Northrop Grumman Shipbuilding, a newly-formed sector of Northrop Grumman Corporation is made up of the former Northrop Grumman Ship Systems and Northrop Grumman Newport News shipbuilding sectors.

Northrop Grumman's electronic solutions span the spectrum. The company is a leading developer, manufacturer, integrator and supporter of a variety of advanced electronic and maritime systems for U.S. and international customers for national security and non-defense applications. Systems include high performance sensors and intelligence processing and navigation systems operating in all environments from undersea to outer space. Applications include airborne surveillance, space sensing, biochemical detection, intelligence fusing and analysis, aircraft fire control, precision weapon engagement, electronic countermeasures, inertial navigation, air and missile defense, air traffic control, ship bridge control, communications, and mail processing. Maritime systems include propulsion and power-generation systems for ships and submarines, control systems, shipboard launch systems and unmanned semi-autonomous systems.

Bombardier Flexjet (known as Flexjet) offers fractional jet ownership services, in which customers acquire partial ownership of aircraft operated by the company. With ownership comes a specified number of flying hours -- think of the arrangement as an airborne timeshare. (A one-sixteenth share of an airplane equates to 50 hours of flight time per year.) Through the Flexjet 25 program, customers can also buy flight time in 25-hour blocks without taking an ownership interest in a plane. Flexjet's fleet of more than 90 aircraft includes Learjet and Challenger business jets manufactured by the company's parent, Montreal-based Bombardier. Flexjet was established in 1995.

Through the air above the ice, Icelandair serves some two dozen destinations in about 15 countries in Europe and North America, including four locations in the US and two in Canada. The carrier, which operates a fleet of about 10 Boeing 757s, has a code-sharing agreement with Finnair whereby the two airlines sell tickets on each other's flights and thus extend their networks. Icelandair is part of Icelandair Group, which also includes cargo, ground services, tourism, and aircraft leasing businesses; the group maintains a fleet of about 60 additional aircraft. Icelandair first took wing in 1937.

Whittaker Controls is a market leader in the design and manufacture of a broad range of fluid control devices and systems for both commercial and military aircraft, as well as various industrial applications. Controls has been a leading supplier of these products since its formation in 1942. Controls' products regulate pneumatic (air), hydraulic(fluid) and fuel flows in aircraft systems and are used in virtually all Boeing (including former McDonnell Douglas) and Airbus manufactured commercial aircraft, many regional jet, general aviation and business aircraft, and a wide range of U.S. and foreign military aircraft. In addition, Whittaker valves are used in aircraft turbine engines built by General Electric, Rolls Royce and Pratt & Whitney. The division also manufactures industrial control applications, which include ground fueling devices for airports, valving systems, heat exchangers, and fuel skids for land-based gas turbines, off-shore oil platforms, and petrochemical complexes.Controls is recognized by its customers for its ability to respond to tight turnaround schedules. Turnaround time is enhanced by strong in-house engineering skills and proprietary in-house testing facilities, discussed further below. In both the aerospace and industrial product areas, individual products are customized to suit specific applications, providing optimum capability and performance at a very competitive cost. Controls also provides full system integration support. All products (i.e. each individual unit) are fully tested on-site, in customized facilities which have been developed by Whittaker, to demonstrate performance and guarantee compliance with all certification requirements. Controls maintains a close working relationship with key customers such as General Electric, Boeing and various major airlines. These longstanding relationships, combined with a global marketing effort and a distinguished 63-year history in the aerospace valves market, provide strong support for Controls' continuing success.
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