Failed to change !
Unfortunately this was inevitable, World Airways had the opportunity to reorganise in their previous bankruptcy filing from which they only emerged in February this year. Management failed to get significant changes with the crew unions and frankly had their hands tied by a crew bid line system which remains highly inefficient. As a result customer airlines incurred significant additional costs and ultimately those customers looked to other ACMI providers.
With the downturn in the military business and fewer ACMI customers World were left with a much reduced revenue stream and a very large overhead.
Good luck to those who are now seeking new employment!