Hi-Ho Silver, maybe away...
02-09-2016, 05:47 PM
#1
Gets Weekends Off
Thread Starter
Joined APC: Jan 2015
Posts: 148
Hi-Ho Silver, maybe away...
Although they've tied it to the opening of flight service to Cuba, change may well be coming to Silver.
"In light of the recent Cuba announcement as well as several other exciting growth opportunities within Florida and the Caribbean, the board of directors of Silver Airways has initiated a process to evaluate a range of strategic alternatives for the airline. The company has engaged Raymond James as its financial advisor to assist in exploring potential strategic partnerships, growth investments, and a merger or ownership transition that would enhance Silver’s ability to capitalize on these attractive growth opportunities....
(list of accomplishments)
...These initiatives have created a compelling value proposition and unique customer experience, and have driven Silver’s revenue to nearly triple since 2011. The board is now considering several opportunities that will accelerate growth and geographic expansion, including the opening of the Cuban market."
From WorldAirlineNews at AirlinersGallery. Has the feeling of a Silver press release.
Emphasis added.
Silver is owned by Victory Park Capital, a Chicago investment firm concentrating on mid-size companies.
This feels, in part, like the guy who buys clunker houses and fixes them up to flip 'em.
"In light of the recent Cuba announcement as well as several other exciting growth opportunities within Florida and the Caribbean, the board of directors of Silver Airways has initiated a process to evaluate a range of strategic alternatives for the airline. The company has engaged Raymond James as its financial advisor to assist in exploring potential strategic partnerships, growth investments, and a merger or ownership transition that would enhance Silver’s ability to capitalize on these attractive growth opportunities....
(list of accomplishments)
...These initiatives have created a compelling value proposition and unique customer experience, and have driven Silver’s revenue to nearly triple since 2011. The board is now considering several opportunities that will accelerate growth and geographic expansion, including the opening of the Cuban market."
From WorldAirlineNews at AirlinersGallery. Has the feeling of a Silver press release.
Emphasis added.
Silver is owned by Victory Park Capital, a Chicago investment firm concentrating on mid-size companies.
This feels, in part, like the guy who buys clunker houses and fixes them up to flip 'em.
02-09-2016, 06:29 PM
#3
Gets Weekends Off
Joined APC: Feb 2012
Position: CRJ FO
Posts: 4,599
Interesting... I wonder who they will end up merging with?
Of bigger note is the flying to Cuba. That is a huge market that will be wide open in the next year or two. I expect we'll see daily flights from multiple US cities to Havanna within the next year or two.
Of bigger note is the flying to Cuba. That is a huge market that will be wide open in the next year or two. I expect we'll see daily flights from multiple US cities to Havanna within the next year or two.
02-09-2016, 07:16 PM
#6
Gets Weekends Off
Joined APC: Mar 2011
Position: 737 FO
Posts: 2,480
Originally Posted by Sambeaux
Right... How dare someone open a new thread. What the hell is with this site and the desire to consolidate all airline information into individual 10 year old threads? It makes searching for information so arduous.
02-09-2016, 07:21 PM
#7
Line Holder
Joined APC: Feb 2015
Posts: 98
Originally Posted by word302
So, searching multiple threads on the same subject would somehow be better?
02-09-2016, 10:51 PM
#9
Banned
Joined APC: Oct 2014
Posts: 2,137
Originally Posted by chrisreedrules
Interesting... I wonder who they will end up merging with?
Of bigger note is the flying to Cuba. That is a huge market that will be wide open in the next year or two. I expect we'll see daily flights from multiple US cities to Havanna within the next year or two.
Of bigger note is the flying to Cuba. That is a huge market that will be wide open in the next year or two. I expect we'll see daily flights from multiple US cities to Havanna within the next year or two.
02-10-2016, 06:08 AM
#10
Prime Minister/Moderator
Joined APC: Jan 2006
Position: Engines Turn Or People Swim
Posts: 39,232
Originally Posted by surreal1221
Hmm. Please advise if they begin to hire direct entry Captains. lol
Sent from my iPhone using Tapatalk
Sent from my iPhone using Tapatalk
Thread
Thread Starter
Forum
Replies
Last Post
