Western Global reportedly cancels Boeing 777F order
Carrier is said to be conserving funds as Moody’s downgrades bonds
Western Global Airlines reportedly is set to halt its investment in its fleet modernization plans and cancel its order for two production 777Fs. A credit report related to Western Global’s outstanding debt published by Moody’s Investors Service on March 23 indicated that the Estero, Fla.-based carrier had accumulated revenue losses of $52 million as of […]
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