Silver Airways Could Lose Its Lease at Fort Lauderdale-Hollywood International Airport

by Anthony Losanno
Silver Airways Plane

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I’m a fan of Silver Airways. The U.S.-based, regional airline operates flights throughout Florida, the Bahamas, and the southeastern United States. It provides convenient travel options with a great reputation for its customer service and on-time performance. The airline operates a fleet of Saab 340 and ATR 42 turboprop aircraft and makes it easy to get between cities in Florida and the Caribbean.

Broward Default Notice

While its customers may be happy, Broward County is not. Apparently, Silver Airways has not paid its rent at Fort Lauderdale-Hollywood International Airport since 2021. 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. Fort Lauderdale is Silver Airways biggest hub and its unclear as to why these payments were not made. The county has plenty of documentation showing that notices were sent as the amount continued to build. Silver Airways is owned by a private equity firm, so its finances are not public. Judging by the length of time that has passed, it’s safe to say that the situation does not look good. Silver Airways CEO, made this comment:

It is our desire and expectation to reach a negotiated resolution expeditiously with the county that is fair to Silver and its employees and fair to the taxpayers of Broward County.”

Anthony’s Take: I hope that Silver Airways finds a way to remedy this situation as it would be a shame for them to cut flights within Florida.

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