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Despite downgrades, Western Global still operating

Financial shortcomings lead charter carrier to ditch 777F order

Harrison PikebyHarrison Pike
April 21, 2023
in Cargo Airlines, News
Reading Time: 3 mins read
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Western Global Airlines, hampered by downgrades to its corporate bonds and laden with negative cash flow, continues operating — for now.  Steve Dix, vice president of sales and marketing at the charter carrier, told Air Cargo Next Friday that the company is still flying, regardless of ratings downgrades by Moody’s Investors Service on March 23.  […]

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Tags: BoeingMoody's Investor ServicePremiumWestern Global Airlines (WGA)
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