Western Global Airlines Starts Creditor Talks Amid Cash Crunch

Western Global Airlines LLC has begun confidential negotiations with some of its creditors over its financing needs, according to people with knowledge of the situation.

The air cargo provider is working with restructuring advisers Weil Gotshal & Manges and Evercore Inc. to examine options, which could include selling some of its engines to raise money, said the people, who asked not to be identified because the matter is private.

Estero, Florida-based Western Global didn’t respond to request for comment. Weil and Evercore also didn’t respond.

One of the smaller air cargo providers in the US, Western Global Airlines has been ...