MatlinPatterson World Airways Succesor Cerberus Shuts down World Airways

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1 - 3 of 3 Comments Last updated May 10, 2014
OneWorld Skyteam Star

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#1
Mar 27, 2014
 
MatlinPatterson World Airways Succesor Cerberus Shuts down World Airways. Unclear at this stage if Cerberus will just lease out the planes of World and North American to extricate profit.

North American Airlines will be downsizing some more though is what has been said.
Cerberus sales to

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#2
Apr 22, 2014
 
Omni...

Sounds like Cerberus wanted to wash its hands quickly of Global Aviation Holdings.
Dan Quayled

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#4
May 10, 2014
 
Former vice president Dan Quayle's leadership role in the private equity firm Cerberus and the destruction of World Airways seems to mirror Mitt Romney's history in this area too.

Interesting big. Biz ties.

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