Silver Airways ceases operations after failing bankruptcy auction

"We regret to inform you that we are ceasing operations as of today, June 11th, 2025. In an attempt to restructure in bankruptcy, Silver entered into a transaction to sell its assets to another airline holding company, which, unfortunately, has determined not to continue Silver's flight operations in Florida, the Bahamas, and the Caribbean. Please do not go to the airport. All credit card purchases should be refunded through your credit card company or your travel agency."

At the time of closure, Silver Airways had eight aircraft in its fleet: three ATR 42-600s and five ATR 72-600s with an average age of around seven years. One ATR 72 had been grounded since April after flying from Fort Lauderdale to Orlando for maintenance.

According to Cirium data, Silver Airways was scheduled for over 1,500 flights this month with nearly evenly split services between ATR models on routes like Fort Lauderdale-Tampa.

Silver Airways was established in May 2011 when Victory Park Capital acquired Gulfstream International Airlines' assets following its bankruptcy filing. It began operations later that year and transitioned fully to an ATR fleet while serving routes across Florida and the Caribbean.