Gulfstream International Airlines

January 3, 2012 - 2:35am
Silver Airways

Fort Lauderdale, Fla.-based Gulfstream International Airlines continues its transformation with a name change–to Silver Airways Corp.

The airline emerged from Chapter 11 bankruptcy protection in May, when its new owner, Chicago-based asset management firm Victory Park Capital, provided $5 million in debtor-in-possession funding.

December 6, 2011 - 12:50am

Gulfstream International Airlines has reached an agreement with Saab Aircraft Leasing to buy six 34-seat Saab 340Bplus turboprops, the Fort Lauderdale-based airline announced in late October. It plans to deploy all the airplanes on its Florida/Bahamas routes, where they will replace 19-seat Beech 1900Ds.

June 26, 2011 - 12:40pm

The Teamsters union announced in late May that its pilot members from Gulfstream International Airlines agreed to a new five-year labor contract with management. According to a union statement, the new contract provides a “significant increase” in the ability of each pilot to modify his or her own schedule to accommodate personal needs.

November 30, 2010 - 7:06am

Gulfstream International Group, the parent company of Fort Lauderdale, Fla.-based ­Gulfstream International Airlines, entered Chapter 11 ­bankruptcy protection last month in an effort to restructure its debt and secure long-term ­financing. ­Gulfstream said it has arranged for up to $5 million in debtor-in-possession (DIP) financing from Chicago-based ­Victory Park Capital Advisors and that it ­anticipates no effect on its flight schedules.

November 4, 2010 - 11:33am

Gulfstream International Group, the parent company of Fort Lauderdale, Fla.-based Gulfstream International Airlines, filed for Chapter 11 bankruptcy protection today in an effort to restructure its debt and secure long-term financing. Gulfstream said the filing, registered with the U.S. Bankruptcy Court for the Southern District of Florida, would not affect its flight schedule.

February 26, 2010 - 6:29am
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The crash of Colgan Air Flight 3407 no doubt left its mark on the “Most Wanted List of Transportation Safety Improvements” issued this month by the National Transportation Safety Board, and for good reason. The Board’s first “most wanted” item essentially reiterates a pair of 2005 NTSB recommendations to which the FAA responded with only an Advisory Circular. Unfortunately, the FAA’s advisement did not prevent Capt.

November 24, 2009 - 7:12am

Allegheny County Executive Dan Onorato and officials from the county airport authority last month confirmed that they have begun talks with Fort Lauderdale, Fla.-based Gulfstream International Airlines to restore nonstop air service from Pittsburgh International Airport to several regional communities.

July 28, 2009 - 10:25am

Most aviation professionals aren’t fooled by the “one level of safety” myth, the sound- bite mantra that the FAA trots out for the public, Congress and the media when a regional airline accident, like the fatal February 12 Colgan crash near Buffalo, N.Y., lays bare the truth about the disparate levels of safety between regional carriers and the majors.

June 30, 2009 - 11:02am

The FAA continued to investigate charges leveled at Fort Lauderdale, Fla.-based Gulfstream International Airlines last month after proposing in May that the carrier pay a $1.3 million fine for duty-time violations and installing automotive air-conditioner compressors and improperly maintained vent blowers on its fleet of 27 Beech 1900Ds.

June 2, 2009 - 6:36am

The FAA has proposed levying a $1.3 million fine on Fort Lauderdale, Fla.-based Gulfstream International Airlines for improper scheduling of flight-crew duty time and the installation of unapproved air-conditioner compressors and improperly maintained vent blowers on the airline’s fleet of 27 Beech 1900Ds.

 
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