Mobility Air is in a plan-driven chapter 11 posture, with the available case record pointing to solicitation of a joint reorganization plan rather than a sale-led process. The debtor, formerly Western Global Airlines, entered chapter 11 on August 7, 2023, through its Chapter 11 Voluntary PetitionDkt. 1, bringing an air-cargo business with military, charter, ACMI, freight-forwarder, airline, and e-commerce exposure into court after operating a global fleet of MD-11F and Boeing 747-400 freighters.
The restructuring path was shaped by a prepetition capital stack that included secured revolving and term-loan facilities, finance leases, senior unsecured notes due August 15, 2025, and subordinated promissory notes due June 15, 2027. The secured revolver and term loan were supported by liens on substantially all assets and pledges of equity in Western Global and its subsidiaries, while the filed claims profile reflected a much larger unsecured constituency than secured claim count. Those capital-structure facts, together with the debtor’s proposed reorganization framework, were set out in the Solicitation Version Disclosure StatementDkt. 291.
The current case posture reflected in the context pack is therefore a mature reorganization case built around the joint plan and disclosure statement process, not an early first-day case. No near-term hearing dates, sale milestones, DIP terms, or confirmed effective-date mechanics are included in the provided source set, so the high-signal read is limited to the petition-to-plan arc: Western Global filed in Delaware, surfaced its funded-debt and lease structure, and moved into solicitation of a chapter 11 plan as the operative restructuring path.
