Gulfstream International Airlines Rebrands as Silver Airways

VPAA Co. dba/Gulfstream International Airlines (“Gulfstream”) announced today its adoption of a new name and brand: Silver Airways. The name, along with its crisp and distinctive logotype, exemplify the airline’s dynamic growth potential, as well as its unwavering commitment to providing highly professional, safe and efficient operations.

VPAA Co. dba/Gulfstream International Airlines was founded in May 2011 when Victory Park Capital, a Chicago-based investment firm, acquired select assets from the former Gulfstream International Airlines, which filed for bankruptcy in November 2010. Silver Airways continues the evolution of the carrier under Victory Park.

“Starting in May, we hit the ground running with a mandate to transform this airline from top to bottom,” said Darrell Richardson, CEO of Silver Airways. “Our goal: to create the dream airline — one that’s financially sound, safe and professional, but also fun to fly and a great place to work. Adopting the Silver Airways brand is the latest step.”

The new Silver Airways logotype is derived from the spinning propeller blades of a turboprop engine like those found on the Saab 340Bplus and Beechcraft 1900D aircraft that comprise the Silver Airways fleet. The use of metallic silver and dark grey evokes grace and professionalism, while the deep fuchsia speaks to the brand’s vibrancy and dynamic growth potential.

The new name and brand will officially become effective December 15, 2011 when Silver Airways welcomes the first of six recently purchased Saab 340Bplus’ to its fleet. The aircraft, which will be deployed along the carrier’s Florida-Bahamas routes, will feature the new Silver Airways logo and a completely re-designed livery.

About Silver Airways

Silver Airways Corp. (IATA: 3M) is a U.S. owned and operated airline operating almost 200 daily scheduled flights to/from 46 gateways in Florida, the Bahamas, Georgia, Alabama, Mississippi, Virginia, West Virginia, Pennsylvania, New York and Ohio. The airline, which offers more flights within Florida to the Bahamas than any other U.S. airline, has valued partnership and codeshare agreements with United Airlines and interline agreements with American Airlines, Delta Air Lines and JetBlue.

Silver is a 2013 two-time award winner, having been recognized by its industry and the traveling public. In February 2013, it was named the recipient of Air Transport World’s (ATW) 2013 Regional Airline of the Year Award, the first U.S. airline to win regional aviation’s top honor since 2008. This award recognized Silver’s outstanding achievements, as well as the company’s contributions toward elevating the entire regional aviation industry overall. In October 2013, Silver was named one of the Top 10 “Best U.S. Airlines” in the prestigious Condé Nast Traveler’s 26th annual 2013 Readers’ Choice Awards.

The Silver fleet is comprised of Saab 340B Plus aircraft (with a capacity of 34 passengers in a spacious, noise reduction equipped cabin), each powered by highly reliable, fuel-efficient GE jet-turbine propeller engines. The airline also operates Beechcraft 1900D aircraft (maximum seating capacity of 19 passengers) in the airline’s Cleveland network.

The company is privately owned by Victory Park Capital, a Chicago-based investment firm that launched the airline in May 2011.

Visit Silver Airways at