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BRITISH WORLD AIRLINES CEASES OPERATIONS

LONDON, British World Airlines closed down on Friday after failing to solve financial problems. British World Airlines operated as a supplier of back-up planes to other carriers, like Go and EasyJet. "He short-term prospects of continuing operations were becoming increasingly difficult, although (the company's) summer 2002 program was robust and profitable and would have called for a major fleet expansion",...

AVIONEWS - World Aeronautical Press Agency - 21537

AVIONEWS - World Aeronautical Press Agency
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