WWG 0.00% 11.0¢ wiseway group limited

Ann: Wiseway announce strategic investment in SEAIR International, page-3

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    Will be interesting to see if they use the leased 737-800 BCF to SEAir.
    Wiseway engaged some consultants based in Australia to begin work on a Air Operator's certificate based out of Aruba but that work has been stopped.
    It looks like they've purchased an AOC instead in the Philippines with two old 737-200s attached to it, which I wouldn't think suitable for their purposes.

    With FedEX cutting flights and capacity, including retiring an entire fleet (MD-10) and others reporting an increase in belly cargo space available which would be multiples cheaper than operating your own operation and air freight volumes dropping off a cliff, it will be interesting to see where they go with this.


 
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