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M&A Deal Summary

Silver Airways Acquires Seaborne Airlines

On January 10, 2018, Silver Airways acquired airliner Seaborne Airlines

Acquisition Highlights
  • This is Silver Airways’ 1st transaction in the Airlines sector.
  • This is Silver Airways’ 1st transaction in Puerto Rico.

M&A Deal Summary
Date 2018-01-10
Target Seaborne Airlines
Sector Airlines
Buyer(s) Silver Airways
Deal Type Special Situations/Distressed

Target

Seaborne Airlines

San Juan, Puerto Rico
Seaborne Airlines is a fleet of seaplanes and turboprop aircrafts that provide passenger, mail and cargo transportation services. Seaborne Airlines was established in 1992 and is based in San Juan, Puerto Rico.

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Buyer(S) 1

Buyer

Silver Airways

Hollywood, Florida, United States
Category Company
Sector Airlines
DESCRIPTION

Silver Airways is a regional air carrier that operates over 125 scheduled flights per day under a principal code share and alliance agreement with Continental Airlines, United Airlines and Copa Airlines of Panama. Silver Airways is based in Hollywood, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Airlines M&A 1 of 1
Type: Special Situations/Distressed M&A Deals 1 of 1
Country: Puerto Rico M&A 1 of 1
Year: 2018 M&A 1 of 1
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