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Last week, I wrote about Silver Airways and the possible eviction it was facing at Fort Lauderdale-Hollywood International Airport (FLL). Your Mileage May Vary is reporting today that it looks like that eviction is being cancelled.
If you didn’t read about it last week, Silver Airways allegedly owes $957,750.17 after its $113,634 security deposit is deducted. If this amount is paid, an additional security deposit of $407,000 will also be required in order to maintain its operations at FLL. The Broward County Commission was going to request to terminate its lease agreement with Silver Airways when it met this week. Now, it looks like an agreement has been reached. As shared by Your Mileage May Vary, TV station WPTV is reporting:
Under the terms of the agreement, Silver agrees to make an immediate payment of $200,000 toward its unpaid balance. Silver must make an additional $300,000 payment by May 19, $100,000 by June 16, another $100,000 by July 21 and then make monthly installments on the total outstanding amount owed from August through April 2024.”
Anthony’s Take: I’m hopeful that the airline is able to maintain this payment schedule and will continue its FLL operation. I enjoy flying Silver Airways to the Caribbean and look to fly them in the future.
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Advertiser & Editorial Disclosure: The Bulkhead Seat earns an affiliate commission for anyone approved through the links above This compensation may impact how and where links appear on this site. We work to provide the best publicly available offers to our readers. We frequently update them, but this site does not include all available offers. Opinions, reviews, analyses & recommendations are the author’s alone, and have not been reviewed, endorsed, or approved by any of these entities.
