Silver Airways Pilots Approve Deal to Support Chapter 11 Recovery, Avoid Furloughs

ST. CROIX — In a major step forward for Silver Airways’ financial recovery, the airline’s Teamsters-represented pilots have overwhelmingly approved an agreement to support the company’s emergence from Chapter 11 bankruptcy—without a single furlough. Geoffrey Jacobs, System Chief Pilot for Silver Airways, announced the development on Tuesday, calling the vote a demonstration of unity and leadership.

“With an incredible 92% voter turnout—and 87% voting in favor—our pilots approved an agreement that supports the airline’s emergence from Chapter 11 while ensuring zero furloughs and retaining every single pilot!” Jacobs stated. “This vote wasn’t just about business. It was about backing each other, believing in our future, and proving that when pilots stand together, we lift more than airplanes—we lift each other.”

The vote marks the latest development in Silver Airways’ restructuring efforts, which began when the company filed for Chapter 11 bankruptcy protection in late December 2024. In an open letter to customers, the airline emphasized that the move was part of a strategic plan to stabilize operations and secure additional funding to remain competitive in the regional aviation market.

“This decision will allow us to secure additional capital and undertake a financial restructuring that will strengthen our position as a competitive airline,” the letter stated. At the time, Silver Airways assured customers that day-to-day operations would continue without interruption, and that all existing reservations and flight schedules would remain valid. Since then, however, Silver has ended all flights to Dominica and refunded customers.