Silver Airways Seeks DIP Lender, Asset Buyer In Ch. 11

By Emily Lever · January 6, 2025, 8:07 PM EST

A Florida bankruptcy judge on Monday granted Silver Airways LLC permission to use cash collateral, and approved a slew of other customary first-day reliefs, to get by as it tries to...

To view the full article, register now.

Bankruptcy Scorecard

Summary

Dragged down by technical and logistical snafus with its aircraft, Silver Airways spiraled into insolvency and filed for Chapter 11 protection in the final days of 2024 in hopes of closing a going-concern sale

Case Number

0:24-bk-23623

Judge

Peter D. Russin

Venue

U.S. Bankruptcy Court for the Southern District of Florida

Capital Structure

Total Liabilities:

$457 million

View Full Scorecard

Documents

Case Information

Case Title

Silver Airways LLC

Case Number

0:24-bk-23623

Court

Florida Southern

Nature of Suit

Date Filed

December 30, 2024