The Airline Will Become The First Long Haul Low Cost Carrier Based In The U.S.
Investment firm 777 Partners has acquired the intellectual property of World Airways, Inc., the iconic US airline known for its worldwide operational capabilities, and is planning to re-launch World Airways ("World") as a low cost, long haul airline flying state of the art Boeing 787 Dreamliner aircraft. Initial funding for certification and aircraft acquisitions is being provided by 777 Partners. Discussions are underway with Boeing for an initial order for up to ten 787-aircraft.