FORT LAUDERDALE, Fla. — Silver Airways, which operates multiple flights out of Tampa International Airport, filed for Chapter 11 bankruptcy protection late Monday.
In a letter to customers, the company said, "This decision will allow us to secure additional capital and undertake a financial restructuring that will strengthen our position as a competitive airline..."
The company said all tickets remain valid, and the airline would continue "operating as usual." Flights can still be booked through the company's website or other channels, and tickets purchased through any other airline or agency will still be honored.
The company said it expects to complete the bankruptcy process by the end of the first quarter of 2025.
A disabled veteran bought solar panels to reduce energy costs, but he could lose his home after learning that the financing he thought he was approved for fell through. The I-Team is digging into how the homeowner applied for a loan that wasn’t even available in his county and who stands to benefit.
