Silver Airways, a regional airline headquartered in Florida, has filed for Chapter 11 bankruptcy protection in the U.S. Bankruptcy Court for the Southern District of Florida. Announced on Monday, the decision is part of a strategic effort to secure additional funding and reorganize the company’s finances, with the airline adding in a statement that its goal is to “strengthen its competitive position within the aviation industry while ensuring continued service to customers.”
St. Croix Source
Local news
