AVIATION INDUSTRY

Silver Airways Acquires Seaborne Airlines

Silver Airways and Seaborne Airlines have announced Silver"™s acquisition of Seaborne"™s business and assets has successfully closed, creating a leading independent airline to serve the Caribbean, Bahamas, Florida, and beyond.

The acquisition brings together two strong independent airlines with similar Saab 340B fleets, complementary route networks, and common codeshare/interline partners. With the upcoming deployment of Silver"™s recently announced new fleet of state-of-the-art ATR-600s across both networks, the combined airline will have an expanded range, allowing it to better serve passengers and markets while creating more opportunities for employees and greater value for its business partners.

"I am thrilled to welcome the Seaborne team members to the Silver family as together we create one of the nation"™s leading independent airlines in a transaction that will benefit our guests, team members, and the communities we serve, as well as both airline"™ valued codeshare and interline partnerships with most major U.S. carriers," said Silver Airways CEO Steve Rossum. "This transaction brings together two strong and historic independent airlines with amazing employees, an excellent track record of operational safety, respect for our people and our communities, and great service for our passengers»…

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