Silver Airways Ceases Operations After Failed Sale

Silver Airways, a Florida-based regional airline, ceased all operations on June 11, 2025, after a failed Chapter 11 bankruptcy process and an unsuccessful asset sale to investment firm Wexford Capital. The shutdown was announced via social media and the airline's website, leaving passengers and employees stranded without advance notice. At the time of closure, Silver Airways was burdened by nearly $400 million in debt and had already begun scaling back its fleet and canceling flights earlier in the year. Customers were advised to seek refunds through credit card companies or travel agencies. The closure highlights the ongoing financial struggles of regional airlines. Other carriers, such as PLAY Airlines, have also withdrawn from the US market recently.