Western Global Airlines

Labor 2023: A lot of noise but few strikes

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For all the hand-wringing about the potential for labor disturbances across multiple modes, the year...

https://www.freightwaves.com/news/labor-2023-a-lot-of-noise-but-few-strikes

Western Global Airlines exits bankruptcy with better balance sheet

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Western Global Airlines has restructured and emerged from bankruptcy protection with its fleet of 19...

https://www.freightwaves.com/news/western-global-airlines-exits-bankruptcy-with-better-balance-sheet

Western Global Airlines’ owner investigated for retirement plan conflicts

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The Department of Labor has asked the federal judge overseeing Western Global Airlines’ bankruptcy...

https://www.freightwaves.com/news/western-global-airlines-owner-investigated-for-retirement-plan-conflicts

Bankrupt cargo airline Western Global owes millions to Delta, Lufthansa

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Western Global Airlines acquired more aircraft under the mistaken belief the bull rush in air cargo...

https://www.freightwaves.com/news/bankrupt-cargo-airline-western-global-owes-millions-to-delta-lufthansa

Cargo operator Western Global Airlines files for bankruptcy protection

Western Global Airlines, which operates chartered cargo jets for the U.S. military and other customers, on Monday filed for Chapter 11 bankruptcy protection and announced it will restructure with the help of $77 million in financing from creditors, including bondholders with more than 85% of the outstanding senior unsecured notes.

A bankruptcy restructuring has been expected for weeks because of collapsing revenues, a heavy debt load and the decision by credit rating agencies to pull their...

https://www.freightwaves.com/news/cargo-operator-western-global-airlines-files-for-bankruptcy-protection

Western Global Airlines lines up bankruptcy financing, report says

Western Global Airlines has struck a deal with creditors for $77 million in financing that would allow it to keep operating while it restructures its debt in a potential bankruptcy, Bloomberg reported on Monday.

Speculation about a potential Western Global bankruptcy has increased in recent months after Moody’s and Fitch withdrew credit ratings for the Estero, Florida-based cargo airline because of concerns it could default on its sizable debt. The company has seen revenue shrink amid a...

https://www.freightwaves.com/news/western-global-airlines-lines-up-bankruptcy-financing-report-says

Western Global pilots pursue 1st union contract amid financial turmoil

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Western Global Airlines cargo pilots, who are negotiating their first collective bargaining...

https://www.freightwaves.com/news/western-global-pilots-pursue-1st-union-contract-amid-financial-turmoil

Western Global Airlines sued for nonpayment of logistics services

Troubled Western Global Airlines is defending against a $750,000 legal claim by Radiant Global Logistics for allegedly reneging on contracts to transport aircraft components needed for fleet maintenance as founder Jim Neff maneuvers to keep the carrier out of bankruptcy.

Radiant Logistics says Western Global Airlines didn’t pay 41 invoices for delivery of aircraft parts between September and November last year and that it owes more than $556,000, plus nearly $210,000 in interest, according to a...

https://www.freightwaves.com/news/western-global-airlines-sued-for-alleged-nonpayment-of-logistics-services

Western Global Airlines orders 2 Boeing 777-8 freighters

A white plane with blue Western Global lettering flies above white clouds.

Boeing and Airbus on Wednesday issued dueling announcements about new customers for their respective next-generation large freighter programs.

Boeing (NYSE: BA) said that Western Global Airlines has placed a firm order for two of the manufacturer’s new 777-8 freighters. Airbus said Etihad Airways signed a letter of intent for seven of its all-new A350 widebody freighters and that Singapore Airlines had locked in a tentative order for seven A350 cargo jets.

It is the first time that Estero,...

https://www.freightwaves.com/news/western-global-airlines-orders-2-boeing-777-8-freighters

Lufthansa Cargo sells MD-11 freighters to Western Global Airlines

A white Lufthansa plane with a blue tail touches down on runway with grass in median.

Lufthansa Cargo made its last MD-11 flight on Sunday and has sold three of the aircraft to Florida-based Western Global Airlines.

Flight LH8161 from New York touched down just after noon local time at Frankfurt International Airport in Germany, marking the end of commercial service for the three-engine MD-11 aircraft type at Lufthansa’s (DXE: LHA) cargo division after more than 23 years.

Lufthansa Cargo said the airplane will be sold to an undisclosed American cargo airline. Data compiled by...

https://www.freightwaves.com/news/lufthansa-cargo-sells-md-11-freighters-to-western-global-airlines

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