Quantcast

Silver Airways continues operations despite Chapter 11 bankruptcy filing

GLOBAL INDUSTRY NEWS
These Frequent Fliers Are Done With Loyalty Programs
JetBlue accepting Venmo as payment method for flights purchased through mobile app
United Airlines stock rallies on results, as growing demand wasn’t just about premium seats
American Halts CRJ-200 Operations
Shanghai Airlines to Launch Casablanca Route
Delta employees to receive an average five weeks of pay in annual profit sharing
Akasa Air faces DGCA heat for lapses; warning letter issued to airline's accountable manager
Indigo Eyes European Market Amid Intensifying Competition with Air India
Air India to operate daily Delhi-Prayagraj flights for Maha Kumbh
Engine maker agrees to compensate WizzAir for grounded planes
Turkish Airlines’ flights are riddled with bedbugs, passengers say
British Airways frequent flyers react to Executive Club changes
Inside the short-lived, men-only flights where kids and women were banned but cigar and pipe smoking were rife
China steps up drive to break Boeing, Airbus grip on plane market
Heathrow’s New York service clings to spot in top aviation routes
Airline praises pilots in crash-landing where both died but nearly half the passengers survived
Mexico state airline to buy five Embraer planes next year
A record number of people are expected to fly over the holidays. That's good for travel stocks, but not for passengers.
American Airlines technical issue sparks travel chaos on Christmas Eve as flights heavily delayed after being grounded
Why United Airlines has had such a stellar year despite being Boeing's biggest customer
JetBlue nixing routes between multiple major cities, reducing several others
Airline Stocks Led The Travel Industry's Record 2024 Rally. Here's What's Next.
It’s beginning to look like another record for holiday travel
Qatar Airways cleans up at the World Travel Awards
All of the strikes at European airports this winter – find out if you are affected
Meet the CEO trying to turn around Air India, the 92-year-old airline with a pile of problems
Skiplagging: Unpacking the Risky Travel Trend That Involves Tricking Airlines
Qantas engineers walk off job on one of the busiest travel days of the year
South Korea to safeguard competition after Korean Air, Asiana merger
China Southern returns to Adelaide
Global Industry News
Silver Airways continues operations despite Chapter 11 bankruptcy filing
Research
Webp xw2coh3sdq6tjehpqr7n2pnjn8pl
Tanner Saunders Senior hotels reporter | The Points Guy

Silver Airways, a regional airline based in Hollywood, Florida, has announced that it will continue operations after filing for Chapter 11 bankruptcy reorganization. The airline, which serves Florida and the Caribbean, plans to secure new capital and restructure its debt through the bankruptcy process. Silver Airways aims to emerge from bankruptcy in the first quarter of 2025 as a more competitive entity.

The airline assured customers that all existing bookings remain valid and that there will be no disruptions to services. This includes bookings made through partners JetBlue Airways and United Airlines.

The aviation industry continues to face challenges post-pandemic. Although travel demand has surged, costs have risen significantly. Spirit Airlines, another low-cost carrier, filed for bankruptcy protection in November due to financial pressures.

Get the Newsletter
Sign-up to receive weekly round up of news from Sky Industry News
Subscribe
By submitting, you agree to our Privacy Policy and Terms of Service. By providing your phone number you are opting in and consenting to receive recurring SMS/MMS messages, including automated texts, to that number from our short code. Msg & data rates may apply. Reply HELP for help, STOP to end. SMS opt-in will not be sold, rented, or shared.

Silver Airways disclosed in court filings that it owes nearly $4.5 million to aircraft lessor Azorra and $2.1 million to the Internal Revenue Service for unpaid taxes or fees. The airline also lists outstanding debts at several airports, including Fort Lauderdale-Hollywood International Airport (FLL), Orlando International Airport (MCO), and San Juan's Luis Munoz Marin International Airport (SJU).

Efforts by Silver Airways to expand beyond Florida and the Caribbean have been unsuccessful. In March, it ceased operations at Savannah/Hilton Head International Airport (SAV) in Georgia and Greenville-Spartanburg International Airport (GSP) in South Carolina.

Currently, Silver Airways operates flights to 22 destinations primarily from Fort Lauderdale and San Juan using a fleet of ATR turboprops. Its subsidiary Seaborne Airlines operates Twin Otter seaplanes between St. Thomas and St. Croix.

###

Organizations Included in this History
The Points Guy
More News

United Airlines issuing travel waivers due to London Heathrow Airport closures

United Airlines has announced the issuance of travel waivers for passengers whose flights were affected by closures at London Heathrow Airport.

Apr 2, 2025

ITA Airways confirms flight AZ806 landed safely after brief hold

ITA Airways announced that flight AZ806 managed to land safely after a brief hold due to nearby missile activity.

Apr 2, 2025

EVA Air reinstates Premium Economy Class on Seattle route with added flights

EVA Air has announced the reinstatement of its Premium Economy Class on the Seattle route, with three weekly flights scheduled from March 8 through July 27.

Apr 2, 2025

Emirates airline launches door-to-door delivery service

Emirates Airlines has announced the launch of a new door-to-door delivery service called 'Very Important Parcels' (VIPs), promising the same level of care as provided to its passengers.

Apr 2, 2025

Cargolux transporting lions from captivity to South African sanctuary

Cargolux has announced the transportation of two lions, Tsar and Jamil, from captivity in Ukraine to a wildlife sanctuary in South Africa.

Apr 2, 2025

Hainan Airlines flight HU769 landed successfully at Oslo Gardermoen International Airport

Hainan Airlines announced that its Beijing–Oslo flight HU769 landed successfully in Norway.

Apr 2, 2025

Aviation Comments
Loading...

No comments available.

Trending
1

Delta Air Lines to open renovated flight museum on April 7

2

Newark Airport opens a second sensory room at Terminal A

3

Flying Food Group employee on Unite Here union: 'They're not honest people'

4

Flying Food Group earns EcoVadis badge for sustainability improvements

5

HR Manager of Flying Food Group: 'Vehemently deny' allegations of harassment, discrimination