SPAC Led By Airline Entrepreneur Ed Wegel Goes Public

Wegel
Ed Wegel pictured when he was CEO of the revived Eastern Air Lines.
Credit: Gustavo Caballero/Getty Images
Shares of a new special purpose acquisition company (SPAC) headed by serial U.S. airline entrepreneur Ed Wegel of Eastern Air Lines and Global Crossing Airlines started trading on the Nasdaq stock exchange Nov. 4 in anticipation of a merger with an aerospace, aviation or related services company...
Michael Bruno

Based in Washington, Michael Bruno is Aviation Week Network’s Executive Editor for Business. He oversees coverage of aviation, aerospace and defense businesses, supply chains and related issues.

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