British World Into Receivership — Civil Aviation Forum | Airliners.net

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British World Into Receivership

Lj From Netherlands, joined Nov 1999, 4169 posts, RR: 1
Posted (11 years 6 months 1 week 2 days ago) and read 505 times:

A sad day for European aviation as British World Airlines enters receivership. According to bloomberg the airline was unable to overcome a short term cash flow problem.

BAE Systems decided yesterday to stop supporting the airline and terminated the the leases of 2 aircraft.

Regards
Laurens

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