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Airlines

Yet Another Dead Airline Brand Is Being Revived

Yet Another Dead Airline Brand Is Being Revived

An investment firm, 777 Partners, said Wednesday that it has acquired the rights to fly as World Airways, a carrier that first took flight after World War II but was shuttered in 2014.

“World has a rich and storied history dating back to 1947,” Chief Executive Officer Ed Wegel said in a statement. “It was once the world’s largest independent charter airline, and served the U.S. military and other clients with great distinction.” His investment group says it’s in discussions with Boeing to buy 10 787s.

 

For more on this story, go to Bloomberg.

View Comments (4)

4 Comments

  1. USAoz

    November 9, 2017 at 9:39 pm

    plenty of worldwide demand for long haul charters right now.

  2. USAoz

    November 9, 2017 at 9:45 pm

    big difference between scheduled airlines & charter airlines. The name World Airways would be known to charterers/brokers all over the world, but the public in general probably wouldn’t have heard of it.

  3. RUAMKZ

    November 10, 2017 at 2:41 pm

    The main thing World needs to do is, well, not do anything stupid……..as in starting up in redundant markets. They need to “carve their own niche”.

  4. edgewood49

    November 11, 2017 at 6:40 am

    brings back memories !

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