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Azul Brazilian Airlines | September 13, 2016
Versa Capital Management, LLC (“Versa”), a private equity firm focused on control investments in special situations, announced today that one of its affiliates has acquired Silver Airways, LLC (“Silver Airways”), a Florida-based airline providing more service within its home state and to the Bahamas than any other U.S. airline, as well as flights to 20 U.S. cities. This month, Silver Airways became one of the first U.S. commercial airlines in over 50 years to offer servic...
Silver Airways | June 14, 2016
The new U.S.-Cuba aviation treaty allows U.S.-based airlines to operate up to 110 daily flights to Cuba: 20 to Havana and 10 each to nine other international airports in the island nation.Havana is Cuba's political, cultural, and economic hub -- and its largest city by far -- so airlines are extremely eager to fly there. When the U.S. government began the application process for allocating routes to Cuba, airlines requested nearly three times as many flights to Havana as the 20 daily frequen...
Silver Airways | June 10, 2016
Six U.S. airlines were approved to begin the first scheduled flights to Cuba in more than 50 years, the Transportation Department announced Friday. The airlines were approved to fly from five U.S. cities to nine Cuban cities other than Havana. But the department is still considering which airlines will get a combined 20 daily flights to the capital out of nearly 60 proposed flights, which will be announced later this summer. The carriers approved Friday are American Airlines, Frontier Airlines, ...
Azul Brazilian Airlines | June 10, 2016
Silver will announce complete details on the new routes shortly. In the meantime, visit Silver Airways’ English and Spanish pages for details and to book travel to Cuba starting October 20 (subject to final Cuban government approval). “This is truly a historic moment and a major win for the large Cuban American population interested in visiting the many destinations in Cuba beyond Havana,” said Silver Airways President and CEO Sami Teittinen. “This substantial award of ro...
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