World Airways was founded in 1948 by Benjamin Pepper. At the time, he used former Pan Am Boeing 314 flying boats. However, just two years later, the airline was purchased by Edward Daly for $50,000. At the time, the Boeing 314s were already considered to be obsolete so Daly began…
Wow, what a year for commercial aviation! This year was an action packed year for the airline industry and it carried with it highs and lows. In 2014, we lost airlines and certain aircraft, but also gave birth to new ones. Unlike 2013, 2014 carried with it devastating aviation incidents…
After years of struggling to stay profitable, World Airways finally called it quits today. The airline’s parent company, Global Aero Logistics, decided after failing to find investors to resurrect the airline from bankruptcy to cancel all flights starting May 27. The airline is the second to claim bankruptcy in the…
