US carrier Silver Airways aims to emerge from restructuring in first quarter

US regional carrier Silver Airways is aiming to emerge from financial restructuring through Chapter 11 bankruptcy within the next several weeks. The Hollywood, Florida-based operator recently told FlightGlobal that it plans to complete the process in the first quarter but declined to get more specific, citing “pending proceedings” with US Bankruptcy Court for the Southern District of Florida. “We will have further information in the coming weeks as the case progresses,” says a company spokesperson. Silver Airways filed for bankruptcy on 30 December in a bid to “ensure a sustainable future” for the company, adding in a note to customers that it was seeking additional capital and planned to emerge “stronger and ready to continue serving” air travellers in Florida and the Bahamas. The carrier has continued operating as normal and honouring codeshare agreements with major US carriers JetBlue Airways and United Airlines during the restructuring. The carrier also has a codeshare agreement with Brazil’s Azul. “Tickets purchased through any other airline or agency will be honoured,” it said at the time. <br/>