Western Global Airlines MD-11F aircraft

Western Global Airlines files for Chapter 11 bankruptcy protection

Estero, Florida-based Western Global Airlines has filed for Chapter 11 bankruptcy protection. The company operates chartered cargo jets for the military and other organisations. The carrier is undergoing restructuring  with the help of  US$77 million in financing from creditors and bondholders. The filing was not unexpected after revenues fell heavily and a heavy debt load. …

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