Western Global Airlines, a FAA 121 certified long-haul wide-body cargo airline has successfully completed financial restructuring. Earlier in the year the cargo operator entered into Chapter 11. Under the restructuring plan Western Global Airlines (WGA) reduced their debt by more than $460 million while preserving their workforce, customers and suppliers. The cargo operator provides services for air cargo operators, e commerce companies and provides ACMI, full service operations and US Department of Defense contracts.
Maintaining A Robust Cargo Fleet
Throughout the restructuring process WGA emerged with their original fleet of four Boeing 747-400s, fifteen McDonnell Douglas MD-11 as well as eleven spare part out aircraft. Throughout the process, WGA was able to complete overhaul of their spare aircraft engines. “As the Founder and CEO of Western Global Airlines, my top priority has always been to preserve the long-term viability of our Company and protect our people. I am pleased our restructuring process has achieved that,” said Jim Neff. Looking towards the brighter future, Western Global Airlines has two Boeing 777 freighters on order