KHK Kitty Hawk

Due to a conflict in management's schedule, Kitty Hawk, Inc. (AMEX:KHK) will reschedule the release of its first quarter 2006 financial results from Tuesday, May 9 after market to Thursday, May 11 after market. The first quarter 2006 financial results conference call will be held Friday, May 12 at 8:30 a.m. Eastern Time. The new dial in information for the call is 800-257-3401 for domestic participants and 303-262-2125 for international participants. A taped replay of the conference call will also be available beginning approximately one hour after the call's conclusion and will remain available for 7 days. It can be accessed by dialing 800-405-2236 for domestic callers or 303-590-3000 for international callers, both using the passcode 11060190#. To access the live webcast of the call, go to Kitty Hawk's website at www.kittyhawkcompanies.com and click on the Investors icon. An archived webcast will also be available at www.kittyhawkcompanies.com. About Kitty Hawk, Inc. www.kittyhawkcompanies.com As a recognized leader in customer service, Kitty Hawk is the premier provider of guaranteed, mission-critical, scheduled overnight air and beginning October 31, 2005, of scheduled time-definite coast-to-coast less-than-truckload (LTL) ground freight transportation to major business centers and surrounding communities throughout North America, including, Alaska, Hawaii, Toronto, Canada, and San Juan, Puerto Rico. With more than 30 years experience in the aviation and air freight industries, Kitty Hawk plays a key connecting role in the global supply chain. Kitty Hawk serves the logistics needs of more than 550 freight forwarders, integrated carriers, logistics companies and major airlines with its extensive integrated air and ground network, fleet of Boeing 737-300SF and 727-200 cargo aircraft, as well as a 239,000-square-foot cargo warehouse, U.S. Customs clearance and sort facility at its Fort Wayne, Indiana hub. In 2005, Kitty Hawk became the North American launch customer for the fuel-efficient and environmentally-friendly Boeing 737-300SF aircraft. Kitty Hawk's air and ground cargo networks and award-winning, guaranteed overnight time-definite service are ideal for heavy-weight shipments (over 150 lbs), special goods with unique dimensions, perishables, animals and other valuable shipments.