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Hi-Ho Silver, maybe away...

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Old 02-09-2016 | 05:47 PM
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Default 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.
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Old 02-09-2016 | 06:17 PM
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Hmm. Please advise if they begin to hire direct entry Captains. lol


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Old 02-09-2016 | 06:29 PM
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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.
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Old 02-09-2016 | 06:32 PM
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http://www.airlinepilotforums.com/regional/64199-silver-airways-615.html
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Old 02-09-2016 | 06:49 PM
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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.
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Old 02-09-2016 | 07:16 PM
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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.
So, searching multiple threads on the same subject would somehow be better?
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Old 02-09-2016 | 07:21 PM
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Originally Posted by word302
So, searching multiple threads on the same subject would somehow be better?
It is for me. Instead of going through sometimes over 100 pages with a good for nothing search engine it is sometimes better. How dare some one starts a new thread on a message board consisting of threads.
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Old 02-09-2016 | 07:47 PM
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Originally Posted by word302
So, searching multiple threads on the same subject would somehow be better?
It obviously is but even it wasn't the desire to coerce newcomers to conform is obnoxious.
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Old 02-09-2016 | 10:51 PM
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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.
This is just my opinion, but I think that was simply management speak for saying Silver is for sale.
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Old 02-10-2016 | 06:08 AM
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Originally Posted by surreal1221
Hmm. Please advise if they begin to hire direct entry Captains. lol


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No DECs, but you can hire Silver to let you sit in the right seat for a few hours...
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