Southern Air Adds Robert Crandall to Board

Air cargo carrier Southern Air Holdings, which is backed by Oak Hill Capital, has named Robert Crandall to its board. Crandall is a former chairman and chief executive of AMR Corporation and American Airlines. Crandall is currently chairman of Celestica and is a director at Aircell. Southern Air is based in Norwalk, Conn.

PRESS RELEASE
Southern Air Holdings, Inc. today announced that Robert L. Crandall, former Chairman and Chief Executive Officer of AMR Corporation and American Airlines, has been appointed to the company’s Board of Directors.

“Southern Air is one of the most experienced and fastest growing air cargo carriers in the world,” said Mr. Crandall. “The company has an exceptional record of performance and great potential in its markets. I look forward to working closely with CEO Dan McHugh, his management team and the Board to support Southern Air’s continued expansion and long-term success.”

“Bob is renowned in the industry and his decision to join our Board is an important endorsement of what we are accomplishing at Southern Air,” said Daniel J. McHugh, Chief Executive Officer of Southern Air. “His deep knowledge of the aviation industry and proven track record of leadership will be invaluable as we seek to position the company to be the world’s leading ACMI operator by continuing to expand our customer offerings while maintaining the highest standards of safety, reliability and customer service.”

“We are very excited to have Bob join the Southern Air team,” said Rowan Taylor, Chairman of the Board of Southern Air and a Partner at Oak Hill Capital Partners. “His profound industry and business experience will be a great asset to Southern Air as it continues to expand and upgrade its fleet and extend its global reach.”

Mr. Crandall joined American Airlines in 1973, becoming President in 1982, and Chairman and CEO in 1985. During his 25-year tenure, Mr. Crandall was instrumental in introducing several changes that revolutionized the travel industry. This includes launching an expansion program at American Airlines which more than tripled the company’s size and transformed it from a medium-sized domestic carrier to one of the world’s leading international airlines with revenues of more than $20 billion.

Mr. Crandall is currently Chairman of the Board of Directors of Celestica Inc. and a Director of Aircell.

He earned a B.S. from the University of Rhode Island and an M.B.A. from the University of Pennsylvania’s Wharton School.

About Southern Air
Southern Air was founded in 1947 as a low-cost, high-quality global cargo carrier specializing in the provision of block space and aircraft, crew, maintenance, and insurance (“ACMI”) services. Southern Air’s blue-chip customer base includes some of the world’s largest combination cargo carriers and government agencies. Southern Air operates a fleet of 14 Boeing 747 and two new 777 freighter aircraft and is the first ACMI operator in the world to operate the new Boeing 777 Freighter. For more information about Southern Air, visit: http://www.southernair.com.