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Nasdaq agrees to third World Air listing extension

Nasdaq agrees to third World Air listing extension

   The Nasdaq stock exchange has granted a third listing extension to World Air Holdings, parent of World Airways, until Feb. 20.

   Nasdaq had initially given the company until Dec. 15 to file an amended quarterly report with the Securities and Exchange Commission or be delisted from the exchange.

   “While the company believes that it will be able to satisfy these requirements, there can be no assurances that it will be able to do so,” World Air said in a statement.

   The fifth character “E” indicating that the company is not current in filing will remain appended to its symbol until the company becomes compliant with all requirements for continued listing on Nasdaq.