Silver Airways, the financially troubled regional carrier serving Florida, the Bahamas and the Caribbean, tried to sell itself in a bankruptcy auction last week.
But no bidders showed up to contest a so-called “stalking horse” offer at a May 28 auction, and the airline is now working to close the sale of all of its assets and those of a Caribbean affiliate to a private equity group, its chief executive said in a court affidavit filed Wednesday.
U.S. Bankruptcy Judge Peter Russin of Fort Lauderdale green-lighted an auction last month after polling the Hollywood-based airline’s major creditors.
But Steven Rossum, the CEO, president and general counsel, declared in a six-page affidavit that despite expressions of interest from a wide array of potential bidders, no one stepped forward wit