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-   -   Western Global Airlines (https://www.airlinepilotforums.com/cargo/110581-western-global-airlines.html)

TransWorld 08-07-2023 08:37 AM
Originally Posted by dera (Post 3679128)
He might also gain first lien rights with this, meaning he will hold the assets in a bankruptcy.
He is halfway through the cardinal directions though. Let's see if next is Eastern Global, or Southern Global, as Nordic and Western have now been used.
An implosion is the ultimate cardinal direction.

Overlander 08-07-2023 08:41 AM
Waiting for it to hit the news cycle but chapter 11 bankruptcy is official. Nicely played, Neff.

TransWorld 08-07-2023 08:50 AM
Originally Posted by Overlander (Post 3679165)
Waiting for it to hit the news cycle but chapter 11 bankruptcy is official. Nicely played, Neff.
Chapter 11 is voluntarily bankruptcy with the possibility of reorganizing and emerging. Will they?

Chapter 7 is involuntary, forced by creditors, into liquidation.

Overlander 08-07-2023 09:00 AM
Originally Posted by TransWorld (Post 3679172)
Chapter 11 is voluntarily bankruptcy with the possibility of reorganizing and emerging. Will they?

Chapter 7 is involuntary, forced by creditors, into liquidation.
I legitimately don’t know with the staffing issues and maintenance problems on an airframe that’s getting obsolete by the minute how they come out of this looking good. Losing Amazon and getting sued for breach of shipping contract isn’t gonna win favors. Probably sell the assets/certificate at a more favorable price in chapter 11 and then start up Northern Global Airways in 5 years when everyone’s forgotten.

whill 08-07-2023 11:21 AM
I am waiting for WGTruth to make a comment. As he isn’t currently employed by Western Global. I thought he would be right on it on the news of the chapter 11 bankruptcy And the letter from The CEO prior to the announcement. But. No. WGTruth is wrong, because he doesn't work for Western Global airlines anymore.

rickair7777 08-07-2023 02:09 PM
Originally Posted by whill (Post 3679233)
I am waiting for WGTruth to make a comment. As he isn’t currently employed by Western Global. I thought he would be right on it on the news of the chapter 11 bankruptcy And the letter from The CEO prior to the announcement. But. No. WGTruth is wrong, because he doesn't work for Western Global airlines anymore.
Sorry, WGTruth has been shown the door.

Birdsmash 08-07-2023 02:16 PM
Originally Posted by dera (Post 3679128)
He might also gain first lien rights with this, meaning he will hold the assets in a bankruptcy.
He is halfway through the cardinal directions though. Let's see if next is Eastern Global, or Southern Global, as Nordic and Western have now been used.
Don’t forget Jim created SouthernAir Inc from the ashes of Southern Air Transport. So that really only leaves some form of Eastern on his compass and that name is thoroughly worn out.

dera 08-07-2023 02:34 PM
Originally Posted by Birdsmash (Post 3679319)
Don’t forget Jim created SouthernAir Inc from the ashes of Southern Air Transport. So that really only leaves some form of Eastern on his compass and that name is thoroughly worn out.
Great point.
Astral Global? To the moon!

ObadiahDogberry 08-07-2023 03:44 PM
Originally Posted by Birdsmash (Post 3679319)
Don’t forget Jim created SouthernAir Inc from the ashes of Southern Air Transport. So that really only leaves some form of Eastern on his compass and that name is thoroughly worn out.
He seems to be as creative at names as Angus Kinnear, the guy behind the names of Air 2000, Canada 3000, and USA 3000.

TransWorld 08-07-2023 05:46 PM
Originally Posted by Birdsmash (Post 3679319)
Don’t forget Jim created SouthernAir Inc from the ashes of Southern Air Transport. So that really only leaves some form of Eastern on his compass and that name is thoroughly worn out.
Haven’t there been two versions of Eastern, already? The current and the old Eastern from the 1960s?


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