js-1071: Air Transportation Stabilization Board Issues Federal Guarantee on Behalf of World Airways, Inc.



	FROM THE OFFICE OF PUBLIC AFFAIRS December 30, 2003 js-1071 Air Transportation Stabilization Board Issues Federal Guarantee on Behalf of World Airways, Inc. The Air Transportation Stabilization Board today announced that World Airways, Inc. has closed on a $30 million loan. The loan is backed by a $27 million Federal guarantee issued under the Air Transportation Safety and System Stabilization Act and implementing regulations promulgated by the Office of Management and Budget. -30-