Following on the heels of competitor Evergreen International Airlines, World Airways CEO John Graber announced earlier today that World will cease operations immediately.
It looks as though the efforts to get commercial space taxis off the ground is succeeding. Sierra Nevada Corporation's "Dream Chaser" space plane is slated to conduct its first test flight as early as next summer.
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SAS Group said it has entered an agreement with Sunrise Asset Management, an affiliate of Allegiant Air, to sell thirteen McDonnell Douglas MD-82, MD-83 and MD-87 aircraft, as well as 12 spare engines.