Skip to content

World Airways to Make a Comeback as a Low-Cost Carrier with 787s

Nov. 09, 2017
3 min read
World Airways 747
World Airways to Make a Comeback as a Low-Cost Carrier with 787s
The cards we feature here are from partners who compensate us when you are approved through our site, and this may impact how or where these products appear. We don’t cover all available credit cards, but our analysis, reviews, and opinions are entirely from our editorial team. Terms apply to the offers listed on this page. Please view our advertising policy and product review methodology for more information.

Long-time AvGeeks, rejoice. World Airways, which was founded in the 1940s and ceased operations in 2014, was acquired on Wednesday by investment firm 777 Partners. In effect, you could see the famed World Airways livery on a tarmac near you in the future.

On Wednesday, the firm announced that it had acquired the intellectual properties of World Airways, Inc. As of now, we already know that it plans to relaunch World Airways as a long-haul, low-cost carrier, flying the most modern aircraft in the sky — none other than the Boeing 787 Dreamliner.

According to a press release, discussions with Boeing are already underway for an initial order of up to 10 787 Dreamliner aircraft. At this time, there's no timeline on when World Airways will launch its operations or what kind of services it will offer passengers.

"Today, we are proud to begin preparations to launch scheduled operations from the US to Asia and Latin America," said Founding CEO of World Ed Wegel. "We will be partnering with low cost, short haul carriers in the US and in the regions we serve to provide connecting traffic to and from our initial planned gateways."

According to World Airways' website, it will have hubs in both Los Angeles (LAX) and Miami (MIA), the latter of which is where 777 Partners is based and where World Airways will also be based. Historically, World Airways was run out of Peachtree, Georgia.

World Airways, in the meantime, is in the process of relaunching its brand. On Twitter, the carrier has just one tweet...

Daily Newsletter
Reward your inbox with the TPG Daily newsletter
Join over 700,000 readers for breaking news, in-depth guides and exclusive deals from TPG’s experts

... and its website advertises it simply as the "first U.S. long haul, low cost carrier."

Based on Wegel's comments, World has plans to initially launch with service to Asia and Latin America. In the Latin America market, it seems World has a leg up on the competition — especially if it's low-cost. Considering that World could easily operate flights from Los Angeles to Asia and from Miami to Latin America, this makes sense.

At its peak, World Airways operated a fleet of Boeing 747s in the 1970s, an aircraft that it continued operating until closing its doors in 2014. In addition, the carrier also operated Boeing 707s, 727s, DC-8s and more. With the announcement that World will now operate one of the world's most modern aircraft in the Boeing 787 Dreamliner, there's plenty to be excited about for both the carrier and passengers — and, of course, AvGeeks. And, adding one more low-cost option is a plus for budget travelers looking to get from the US to Asia and Latin America.

TPG featured card

Rewards rate
5X milesEarn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
2X milesEarn unlimited 2X miles on every purchase, every day
Intro offer
Open Intro bonus
Enjoy a $250 travel credit & earn 75K bonus miles
Annual fee
$95
Regular APR
19.49% - 28.49% (Variable)
Recommended credit
Open Credit score description
670-850Excellent, Good

Pros

  • Stellar welcome offer of 75,000 miles after spending $4,000 on purchases in the first three months from account opening. Plus, a $250 Capital One Travel credit to use in your first cardholder year upon account opening.
  • You'll earn 2 miles per dollar on every purchase, which means you won't have to worry about memorizing bonus categories
  • Rewards are versatile and can be redeemed for a statement credit or transferred to Capital One’s transfer partners

Cons

  • Highest bonus-earning categories only on travel booked via Capital One Travel
  • LIMITED-TIME OFFER: Enjoy $250 to use on Capital One Travel in your first cardholder year, plus earn 75,000 bonus miles once you spend $4,000 on purchases within the first 3 months from account opening - that’s equal to $1,000 in travel
  • Earn unlimited 2X miles on every purchase, every day
  • Earn 5X miles on hotels, vacation rentals and rental cars booked through Capital One Travel
  • Miles won't expire for the life of the account and there's no limit to how many you can earn
  • Receive up to a $120 credit for Global Entry or TSA PreCheck®
  • Use your miles to get reimbursed for any travel purchase—or redeem by booking a trip through Capital One Travel
  • Enjoy a $50 experience credit and other premium benefits with every hotel and vacation rental booked from the Lifestyle Collection
  • Transfer your miles to your choice of 15+ travel loyalty programs
  • Top rated mobile app