Songbird Airways considers buyout offers

Songbird Airways said it is considering offers to sell the company.

Songbird, which has been in business for 25 years and formerly known as as Sky King, was purchased by its existing shareholders following a successful reorganization from bankruptcy in November 2014.

Songbird was found “fit, willing and able” in October 2014 by the US Department of Transportation to conduct supplement charter operations both domestically and internationally with up to ten aircraft. Following the change in ownership, the company rebranded itself as Songbird Airways.

Songbird operates a single 150-seat Boeing 737-400 passenger aircraft, and recently agreed to acquire a 230-seat Boeing 767-200ER. The airlines has seen a steady increase in business flying charters for casinos, sports teams, tour operators and to Cuba.

“As soon as we decided to add the 767 we started receiving a significant number of offers to buy the airline from parties interested in flying everything from charters to scheduled service with a variety of aircraft types,” said Frank Visconti, Songbird´s President & CEO. “We are analyzing a number of these offers to determine what is in the best interest of our employees and shareholders and will likely decide whether to divest, merge or stay the course over the next 30 days.”

Songbird Airways is headquartered in Coral Gables, Florida, and has 32 employees.