Regional airline company Silver Airways on Wednesday revealed that it is stopping operations and alerted travelers not to go to the airport.
The airline company ran flights in between Florida, the Bahamas and the Caribbean.
” In an effort to restructure in personal bankruptcy, Silver participated in a deal to offer its possessions to another airline company holding business, who sadly has actually figured out not to continue Silver’s flight operations in Florida, the Bahamas and the Caribbean,” Silver stated.
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Silver’s shutdown comes approximately five-and-a-half months after the local provider revealed it applied for Chapter 11 personal bankruptcy defense.
With the personal bankruptcy, it had actually initially wanted to acquire more capital and go through a monetary restructuring to “enhance” its position, Silver stated in December.
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The airline company advised consumers set up to fly with Silver not to head to the airport.
” All charge card purchases ought to be refundable through your charge card business or your travel bureau,” Silver stated.
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Nassau, Bimini, St. Kitts and St. Maarten were amongst a few of the tropical locations it serviced, in addition to a handful of cities in Florida, according to its site.
Its shutdown marked completion of an approximately 14-year run for Silver. The business was headquartered in the Fort Lauderdale location.
Source: Fox News.
