Global Aviation Holdings Announces Results of Its Semi-Annual Offer to Repurchase $10 Million of Senior Secured First Lien Notes

PEACHTREE CITY, Ga., Aug. 3, 2011 /PRNewswire/ — Global Aviation Holdings Inc. (the “Company”) has accepted $10,000,000 of the Company’s 14% Senior Secured First Lien Notes due 2013 (the “First Lien Notes”) for purchase related to its June 30, 2011 Semi-Annual Offer to Repurchase. On June 30, 2011, in accordance with the terms of the First Lien Notes, the Company offered to purchase up to $10,000,000 aggregate principal amount of the Company’s First Lien Notes at a purchase price in cash equal to 100 percent of their principal amount, plus accrued and unpaid interest, if any, to, but not including the date of purchase.

Holders whose First Lien Notes are purchased only in part shall be issued new First Lien Notes equal in principal amount to the un-purchased portion of the First Lien Notes surrendered (or transferred by book-entry transfer) representing the same indebtedness to the extent not repurchased.

The Company will purchase the surrendered First Lien Notes on or about August 3, 2011. All notices delivered to the Trustee (which is also acting as the Paying Agent) shall be directed to the following address:

Wells Fargo Bank, National Association
7000 Central Parkway
Suite 550
Atlanta, Georgia 30328
Attention: Stefan Victory
Telephone: (770) 551-5117
Facsimile: (770) 551-5118