Western Pacific Receives $1.5 Million From Smith Management

Western Pacific Airlines has received a $1.5 million injection from Smith Management Co. (SMC) as an advance against the investment firm's commitment of $20 million debtor-in-possession financing. The recapitalization was approved Dec. 3 by a bankruptcy court. The $20 million commitment is in...

Subscription Required

 

This content requires a subscription to one of the Aviation Week Intelligence Network (AWIN) bundles.

Schedule a demo today to find out how you can access this content and similar content related to your area of the global aviation industry.

Already an AWIN subscriber? Login

 

Did you know?  Aviation Week has won top honors multiple times in the Jesse H. Neal National Business Journalism Awards, the business-to-business media equivalent of the Pulitzer Prizes.