1 EXHIBIT 10.47 AGREEMENT FOR SALE OF LEASEHOLD This Agreement ("Agreement") is made by and between Robert F. Grammer ("Seller"), a resident of Dallas County, Texas, and Kitty Hawk, Inc. ("Buyer"), a Texas corporation, as follows: R E C I T A L S A....Agreement for Sale of Leasehold • March 31st, 1997 • Kitty Hawk Inc • Air transportation, nonscheduled • Texas
