KITTY HAWK CARGO LAUNCHES SERVICE FROM SAN FRANCISCO INTERNATIONAL AIRPORT

Kitty Hawk Cargo, the scheduled freight subsidiary of Kitty Hawk, Inc. announced they have launched service from a new facility at San Francisco International Airport (SFO). Service began Monday, April 7th.

For immediate release

MEDIA CONTACT:
Kim Wiemuth         
Corporate Communications
Kitty Hawk, Inc.
888.431.3137
kwiemuth@kha.com

DALLAS, TEXAS (April 8, 2003) -- Kitty Hawk Cargo, the scheduled freight subsidiary of Kitty Hawk, Inc. announced they have launched service from a new facility at San Francisco International Airport (SFO). Service began Monday, April 7th.

Kitty Hawk Cargos new operation will serve the entire Northern California market and is located in the West Cargo area at SFO. The 65,000-square-foot shared facility has 14-dock doors and is owned by Singapore Airlines. Previously Kitty Hawk Cargo served the Northern California market from Mineta San Jose Airport.

Kitty Hawk Cargo currently handles 15 tons of freight daily in the Northern California market, which reaches south beyond San Jose, east to Reno, Nevada, into southern Oregon as well as convenient connections with a host of international destinations.

By moving our operations to San Francisco International Airport, we are closer to our customers by 30 minutes," said Toby Skaar, Vice President and Chief Operating Officer, Kitty Hawk Cargo. Were able to provide our customer a later drop-off time and an earlier arrival. We also will be able to provide quicker, more efficient service, with less handling. This is a very positive change for both Kitty Hawk Cargo and our customers."

Kitty Hawk officials scouted the region for a new facility for six months before inking the SFO space.

Its been our goal to locate a facility that offers our customers quick access to their freight," said Brian Bilskie, Kitty Hawk Cargo director field operations. We researched all three bay area airports for a new facility prior to our decision."

Kitty Hawk Cargo also serves the California market from Los Angeles International Airport, Ontario Airport and San Diego Airport.

As a recognized leader in the air cargo industry, Kitty Hawk provides scheduled overnight air cargo service to approximately 50 U.S. cities and Toronto, Ontario. With more than 30 years experience in the aviation and air freight industry, Kitty Hawk serves the logistics needs of freight forwarders, integrated carriers and major airlines with the support of our FAR 121 certified cargo airline, our fleet of B727 freighter aircraft as well as our 239,000-square-foot cargo warehouse and sort facility at our hub in Fort Wayne, Indiana. Today, Kitty Hawk offers distribution solutions with superior customer service. With our all-cargo fleet of aircraft and third-party dedicated trucks, Kitty Hawk is committed to meeting customers freight transportation requirements, large or small. For more information on Kitty Hawk, visit our website at www.khcargo.com.

This release contains forward-looking statements relating to future business expectations. Business plans may change as circumstances warrant. Actual results may differ materially as a result of factors over which the company has no control. Such factors include, but are not limited to: world wide business and economic conditions; changes in our business strategy or development plans; product demand and the rate of growth in the air cargo industry; the financial costs and operating limitations imposed by the unionization of our workforce; the impact of competitors and competitive aircraft; the cost and availability of aircraft or replacement parts; the ability to attract and retain new and existing customers; the cost and availability of jet fuel; increased foreign political instability and acts of war or terrorism; normalized aircraft operating costs and reliability; and changes in government regulation and policies. The Company undertakes no obligation to update or revise any forward-looking statements contained in this release for events or circumstances after the date on which such forward-looking statements are made. New factors emerge from time to time, and it is not possible for the Company to predict all such factors.

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