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Bankrupt cargo airline Western Global owes millions to Delta, Lufthansa

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

Western Global Airlines acquired more aircraft under the mistaken belief the bull rush in air cargo during the pandemic would continue, leading to a cash crunch, defaults to vendors such as Delta Air Lines and, ultimately, to Monday’s filing for federal bankruptcy protection, according to court documents.
The Estero, Florida-based freighter operator will use $15.7 million…

This story from freightwaves.com was posted on 2023-08-09 by @globeam.

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