Airline abruptly suspends operations. Florida-based regional airline Silver Airways announced on June 11 that it would halt all operations immediately. The company urged passengers with reservations not to go to the airport.

Silver Airways announced the suspension of operations as bankruptcy proceedings progressed. The failure of a backup plan also led to the sudden shutdown. The company has recalled all its aircraft across Florida, the Bahamas and the Caribbean. Silver Airways said that its assets have been sold to a holding company and that they are not ready to continue flight operations.

The unexpected announcement has left hundreds of passengers in a crisis. About 52 flights were canceled on June 11, according to flight tracking site FlightAware. With this, passengers are scrambling to find alternative routes. Many can offer alternative routes to airlines like JetBlue, United, and Spirit, but often at a high cost to passengers.

Meanwhile, Silver Airways, founded in 2011, has recently faced a major financial crisis. The number of employees has been reduced from more than 600 to about 350. The sale of assets has hindered the continuation of operations and this is the end of services in the region, the CEO said in a statement. Meanwhile, industry analysts said that it was certain that Silver Airways would close, it was just a question of when, citing the financial crisis and other adverse conditions facing regional airlines.

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