Silver Airways to Exit Cleveland Network, Retire Beech 1900s, and Strengthen Core Network and Saab 340B Plus Fleet
FORT LAUDERDALE, Fla.--(BUSINESS WIRE)--As part of its plan to strengthen operations, simplify its fleet, increase revenue, reduce costs, and better position the airline for future growth and new markets, Silver Airways today announced plans to exit operations in its Cleveland network and retrain or redeploy its pilots, mechanics, and airport team members to operate its core Saab 340B Plus fleet to its key markets.
“The plans announced today are a necessary and important component of our strategy to improve our operational performance, to deliver world-class customer service, and to strengthen our network, so we and our teammates can continue to build a best-in-class next generation regional airline.”
Silver provided the U.S. Department of Transportation (DOT) with the required 90-day notice of its intent to discontinue scheduled service between Cleveland and five communities no later than May 15, 2014, including Jamestown, New York (JHW); Bradford, Pennsylvania (BFD); DuBois, Pennsylvania (DUJ); Franklin, Pennsylvania (FKL); and Parkersburg, West Virginia (PKB).
“We have been privileged to be able to serve these cities from Cleveland for almost six years, but multiple factors have combined to make it economically impossible for us to continue flying in these markets. As a result, we will be retiring our fleet of five remaining Beech 1900D aircraft and retraining or redeploying our pilots and maintenance team members, allowing us to conclude our fleet simplification efforts and focus exclusively on our core fleet of 28 advanced Saab 340B Plus aircraft. In doing so, we will be able to strengthen our operations in our key markets and position our airline for additional growth,” said Silver Airways President and CEO Dave Pflieger. “New federal regulations related to air transport pilot certification, as well as new flight and duty limitations and rest requirements have had the unintended effect of creating a nationwide pilot shortage and significantly increasing operating costs. Those facts, coupled with lower than expected passenger enplanements in most of these cities, the recently announced regional flight reductions at Cleveland International Airport, and our need to finalize our transition from 19-seat Beech 1900D aircraft to larger and more advanced and economical 34-seat Saab 340B Plus aircraft, all influenced our decision.”
“While we have announced our plans to exit these markets, we remain interested in serving any community or airport where our larger aircraft can operate economically,” said Pflieger. “The plans announced today are a necessary and important component of our strategy to improve our operational performance, to deliver world-class customer service, and to strengthen our network, so we and our teammates can continue to build a best-in-class next generation regional airline.”
The airline also confirmed that once operations in its Cleveland operations are discontinued, all team members in good standing who wish to remain with Silver will be offered opportunities elsewhere in its network. “We have open positions throughout our network, and we hope our team members choose to continue their careers with Silver,” added Pflieger.
About Silver Airways
Silver Airways Corp. (IATA: 3M) is a U.S. owned and operated airline operating almost 200 daily scheduled flights to/from 46 gateways in Florida, the Bahamas, Georgia, Alabama, Mississippi, Virginia, West Virginia, Pennsylvania, New York and Ohio. The airline, which offers more flights within Florida to the Bahamas than any other U.S. airline, has valued partnership and codeshare agreements with United Airlines and interline agreements with American Airlines, Delta Air Lines and JetBlue.
Silver is a 2013 two-time award winner, having been recognized by its industry and the traveling public. In February 2013, it was named the recipient of Air Transport World’s (ATW) 2013 Regional Airline of the Year Award, the first U.S. airline to win regional aviation’s top honor since 2008. This award recognized Silver’s outstanding achievements, as well as the company’s contributions toward elevating the entire regional aviation industry overall. In October 2013, Silver was named one of the Top 10 “Best U.S. Airlines” in the prestigious Condé Nast Traveler’s 26th annual 2013 Readers’ Choice Awards.
The Silver fleet is comprised of Saab 340B Plus aircraft (with a capacity of 34 passengers in a spacious, noise reduction equipped cabin), each powered by highly reliable, fuel-efficient GE jet-turbine propeller engines. The airline also operates Beechcraft 1900D aircraft (maximum seating capacity of 19 passengers) in the airline’s Cleveland network.
The company is privately owned by Victory Park Capital, a Chicago-based investment firm that launched the airline in May 2011.
Visit Silver Airways at www.silverairways.com.