It seems that in the USA, we have an airline failure, with Silver Airways ceasing services on 11th June.
The airline posted the below on Instagram:
ALT:
TRAVEL ADVISORY
Dear Silver Airways Customers,
We regret to inform you that we are ceasing operations as of today, June 11, 2025. In an attempt to restructure in bankruptcy, Silver entered into a transaction to sell its assets to another airline holding company, who unfortunately has determined to not 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.
Silver Airways was based out of Florida, with the airline operating an ATR fleet, with three ATR42-600 and five ATR72-600 turboprop aircraft. It had entered Chapter 11 bankruptcy at the end of 2024, with the airline suffering from its Orlando operations being repossessed and lessors pulling leased aircraft back during March.
Its subsidiary – Seaborune Airlines, which operated out of St Croix, has also been sold, with its two De Havilland DHC6-300 Twin Otters being sold on, like the rest of the company, after failing to attract further bids at a bankruptcy auction.
It brings to an end an airline that commenced operations in 2011.
For passengers, it will mean finding alternative routes to complete their travels, as well as chasing card issuers for refunds.
For the staff of Silver Airways, it could well mean hunting for new jobs and roles.
As to the sale to the new owners, we’ll have to wait to see what they decide to do with their new assets.
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Sad, but a long time coming. They’d been in rough financial shape for years, but had always seemed to have trouble expanding beyond a few core markets, getting distracted by diversions like buying Seaborne and expanding to Puerto Rico and flying ATRs from Fort Lauderdale, Orlando, and Tampa to Charleston, SC (although that also got delayed because of COVID) while ignoring what always seemed to be low-hanging fruit like Sarasota-Bradenton to FLL (for both the JetBlue hub and the cruise business.)
The upgrade from the Saabs to the ATRs was also a mixed bag, even the smaller -42 was just too much airplane for some of their routes. A lot of airlines are going to have issues with the Saabs when they reach end of life, there’s simply no turboprop in that size class built anymore.
Most of us here in Florida were pretty resigned to their fate when they had to shut down Orlando 3 months ago – the Wexford purchase was a brief glimmer of hope.
I feel for their employees, especially with the slowdown in US international travel starting to show early signs of spreading to the domestic market too.