Press Release

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Lisa Ross: lisa.ross@rbbpr.com
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JOHN DASBURG NAMED CHIEF EXECUTIVE OF DHL AIRWAYS, INC.

For Immediate Release

Chicago, IL - March 18, 2003 — The board of directors of DHL Airways announced today that John H. Dasburg was appointed to the positions of Chairman and Chief Executive Officer.

The announcement today was made by Roy Moulton, acting Chairman of the Board of DHL Airways, a leading U.S. provider of air cargo services whose principal customers include the DHL Worldwide Express Network and the United States military.

"The board of directors had a difficult task finding an executive who could meet the very high performance and character standards we felt DHL Airways demanded to take it to the next level," said Moulton. "In John Dasburg, we have exceeded our expectations."

Dasburg succeeds Joseph R. OĠGorman, the highly regarded airline executive who died suddenly in August 2002.

Dasburg will resign from his position at Burger King Corporation effective March 31, 2003 to accept the appointment commencing on April 1, 2003. Dasburg served as Chairman, Chief Executive Officer and President of the quick service restaurant giant from April 2001 to January 6, 2003. He led the turnaround of the company that culminated in its December 2002 sale.

Prior to joining Burger King, Dasburg served ten years as President and Chief Executive Officer of Northwest Airlines, the world's fourth largest airline. Under Dasburg's leadership as President and CEO of Northwest, the company established its reputation for operational excellence, experienced consistent and profitable growth and became known as a strategic innovator.

Before his airline career, he served as president of Marriott's Lodging Group and executive vice president and CFO of Marriott Corp. As President, he was responsible for the full range of Marriott's lodging products as well as their development. He joined Marriott in 1980. Prior to his tenure at Marriott, he was a partner with KPMG, an international CPA firm.

Moulton said, "Dasburg is a superb leader with strong ethical standards. John has demonstrable success in managing and growing airlines profitably, the insight to manage relationships with key business partners and employees, and the vision and drive to transform our company into the leader in our sector. We are very fortunate that John Dasburg has decided to rejoin the airline industry. He is one of the most respected and successful business leaders in America."

"In accepting the challenge to lead DHL Airways, I am pleased to have the opportunity to work with such an outstanding workforce in a company with such tremendous potential," said Dasburg.

"In these challenging times," Dasburg continued, "I am proud to be a part of a company which provides first rate logistical support for the United States Armed Forces. Our men and women in uniform can be confident that DHL Airways will give them the continued support they so rightly deserve."

Dasburg is a recipient of the 2001 Horatio Alger Award for Distinguished Americans and a recipient of the Commercial Air Transport Laureate Award in 2001. He was named airline industry "Man of the Year" in 1994 by Travel Agent magazine and has received numerous awards and recognitions of business distinction.

Dasburg received a bachelor's degree in engineering, a master's degree in business administration and a law degree, all from the University of Florida. He served three years in the U.S. Navy with one year in Vietnam.

He is active in civic affairs and serves as a director of a number of for profit and not-for-profit enterprises. He was appointed in 1991 by President George Bush to the White House Fellows Committee. He was appointed in 2003 by Governor Jeb Bush as a member of the Board of Governors of the Florida university system.

DHL Airways, Inc., is a licensed U.S. air carrier operating a fleet of 40 aircraft from its hub at the Cincinnati/ Northern Kentucky International Airport. The airline provides all-cargo scheduled and charter services on a contract basis for the DHL Worldwide Express network and charter services for other customers, including the U.S. military. DHL Airways is a participant in the United States Civil Reserve Air Fleet program supporting our national defense. DHL Airways also currently has an operation in Ramstein, Germany supplementing United States Air Force operations from Germany to military installations in Europe and the Middle East.