Silver Airways (3M, Fort Lauderdale International) and its subsidiary Seaborne Virgin Islands (San Juan Luis Muñoz Marin) filed for voluntary Chapter 11 business restructuring in the US Bankruptcy Court for the Southern District of Florida on December 30, 2024. The airline will continue normal flight operations and hopes to emerge from the restructuring, with new capital secured, by the first quarter of 2025.

“This decision will allow us to secure additional capital and undertake a financial restructuring…

Source: ch aviation
Read more: US's Silver Airways files for Chapter 11 restructuring