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IN RE GLOBAL AVIATION HOLDINGS INC.

Nos. 12-40783 (CEC), 12-40782(CEC), 12-40784(CEC), 12-40785(CEC), 12-40786(CEC), 12-40787(CEC), 12-40788(CEC), 12-40789(CEC), 12-40790(CEC).

478 B.R. 142 (2012)

In re GLOBAL AVIATION HOLDINGS INC., et al., Debtors.

United States Bankruptcy Court, E.D. New York.

July 24, 2012.

Attorney(s) appearing for the Case

Jonathan Henes, Esq. , Michael B. Slade, Esq. , Ryan Bennett, Esq. , Christopher T. Greco, Esq. , Kirkland & Ellis LLP, New York, NY, for Debtors.

Jason Teele, Esq. , Sharon Levine, Esq. , Cassandra M. Porter, Esq. , Lowenstein Sandler PC, Roseland, NJ, for Official Committee of Unsecured Creditors.

Andrea B. Schwartz, Esq. , U.S. Department of Justice, New York, NY, for Tracy Hope Davis, United States Trustee for Region 2.

DECISION

CARLA E. CRAIG, Chief Judge.

This matter comes before the Court on the motion (the "Motion") of Global Aviation Holdings, Inc. and its affiliated debtors (collectively, the "Debtors") for the entry of an order approving a key employee retention plan (the "KERP") pursuant to §§ 363(b) and 503(c)(3) of Title 11 of the United States Code (the "Bankruptcy Code").1

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