Bankrupt regional airline strands passengers with canceled flights
The budget airline flying to popular vacation destinations filed for bankruptcy in December 2024.
Silver Airways, a low-cost airline based outside Fort Lauderdale, filed for bankruptcy on the second-to-last day of 2024.
The budget carrier flew to popular vacation markets such as Key West and Tampa, Fla., domestically and to the Bahamas and the Dominican Republic.
But it accrued more than $500 million of debt amid increased competition and the rising costs of running flights.
