US Regional Carrier Silver Airways has ceased operations across the network, including flights in Florida and the Caribbean.
The Hollywood, Florida-based career disclosed its decision in a social media post on June 11th. This encouraged customers not to ask for a refund at the airport.
“All credit card purchases should be refunded through a credit card company or travel agent,” Silver says.
In an effort to restructure the company financially through bankruptcy, Silver has joined the agreement to sell assets to “a holding company of another airline,” including the ATR 72 and the ATR 42-600 fleet.
The company “unfortunately, it is determined not to continue its Silver flight operations in Florida, the Bahamas and the Caribbean,” Silver says.
Fleet data from aerial analytics firm Cirium currently shows that silver “does not list the assets.”
The airline previously disclosed plans to emerge from fiscal restructuring in the first quarter after filing a bankruptcy filed in the US Bankruptcy Court in the Southern District of Florida on December 30th. It cited debts of over $100 million as a major factor in its restructuring efforts.
Silver described the bankruptcy filing as a bid to “ensure a sustainable future” for the company, adding to its clients that it is seeking additional capital, and planning to be “ready to serve the Florida and Bahamas air travelers more strongly.
However, careers have struggled following the Covid-19 pandemic.
In April 2023, local airlines narrowly avoided evictions from major operating bases at Fort Lauderdale Hollywood International Airport.
Then, at the end of March 2024, longtime partner American Airlines quit and allowed members of the loyalty program to earn or redeem miles on flights run by Silver.
The Silver closure was a blow to US regional aviation as it was one of the few regional airlines that were not operating on behalf of major airlines.
