Overview

• Silver Airways ceased all flight operations on June 11 after its Chapter 11 sale to a holding company failed to include ongoing service.
• A total of 52 flights were canceled, leaving passengers stranded at hubs across Florida and destinations in the Bahamas and Caribbean.
• The airline entered bankruptcy in December 2024 with more than $400 million in secured and unsecured debt and saw its fleet halve amid restructuring efforts.
• Approximately 350 remaining employees were laid off as the carrier moved into a wind-down phase, with a limited team retained to manage assets and records.
• Affiliate Seaborne Airlines will continue operating its seaplane routes between St. Croix and St. Thomas despite Silver’s shutdown.