Silver Airways acquires Seaborne Airlines



Silver Airways and Seaborne Airlines has announced that Silver´s acquisition of Seaborne´s business and assets has successfully closed, creating a independent airline to serve the Caribbean, Bahamas, Florida, and beyond, the company said.

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.

The combined airline will continue operating Silver´s route network in the Bahamas, Florida, and beyond under the Silver Airways banner and Seaborne´s route network throughout Puerto Rico, the Virgin Islands, and the Caribbean under the Seaborne name.

The total fleet now consists of 31 aircraft, including Saab 340 and de Havilland Twin Otter seaplane aircraft. Silver is also the North American launch customer for the eco-friendly ATR-600 aircraft in the US Silver took delivery of the first 46-seat ATR-42 earlier this month and has a firm order for 19 additional ATR-600s and up to 30 additional purchase rights.

Steve Rossum of Silver Airways will serve as CEO of the combined airline. Ben Munson will resume his role as president of aviation consulting firm Embark Aviation, and continue as a valued advisor to the company. Corporate and operations support functions will continue at locations in Fort Lauderdale, Orlando, Tampa, San Juan, and St. Croix, USV.I.

Silver Airways is Florida´s first airline. As the first commercial carrier founded in Florida and still operating today, Silver has the most routes within Florida and between Florida and the Bahamas from its hubs in Fort Lauderdale, Orlando, and Tampa. Silver is a codeshare partner with United, JetBlue, and Avianca, and has interline agreements with American, Delta, Air Canada, Alaska Airlines, All Nippon Airways, Bahamasair, Hahn Air, and Azul. To learn more about the refined passenger experience coming soon to Silver, visit www.silverairways.com/destinations/atr42.

Seaborne Airlines, the largest Caribbean based regional airline for over 25 years, operates iconic de Haviland DHC-Twin Otter seaplanes and an airport-based Saab 340B fleet that services the beautiful islands throughout the Caribbean. Seaborne is a codeshare partner with American, Delta, JetBlue, and Vieques Airlink, and has interline agreements with United and Hahn Air. With over 1,500 monthly departures to 12 airports, Seaborne serves San Juan´s Luis Muñoz Marin International Airport, St. Thomas airport and seaplane base, St. Croix airport and seaplane base, Anguilla, Antigua, Dominica, Saint Maarten, St. Kitts, Tortola, and Nevis. Find information on Seaborne at: www.seaborneairlines.com.