Another US airline, Silver Airways, has filed for Chapter 11 bankruptcy protection to restructure its finances and iron out issues. The regional airline operates flights in Florida and to the Caribbean using a fleet of ATR turboprop planes.

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The process should be completed by the first quarter of next year. Silver Airways says it will restructure finances. Tickets remain valid.

On Monday, Silver Airways announced its decision to file for Chapter 11 bankruptcy protection, a move aimed at securing additional capital and implementing financial restructuring. The airline shared the news through an open letter to customers, emphasizing its commitment to maintaining normal operations.