No Silver Linings
Silver Airways and the incompetent CEO Steve Rossum left passengers and employees holding the bag. Hopefully the other foot will drop for him.
When Silver Airways imploded last week, I don’t think it came as a surprise to anybody.
It’s motto should have been: Silver Airways… when you absolutely, positively have to be there within 4 to 5 days of your originally scheduled arrival.
Formerly known as Gulfstream Airlines, the entity provided intrastate travel between Orlando, Ft. Lauderdale and Tampa to destinations like Tallahassee, Gainesville, Jacksonville, the Bahamas and more.
Frankly, for those of us that lived in Key West, it was an important lifeline.
You could actually go shopping.
Without Silver, you were relegated to buying shoes at West Marine.
Funny thing about Key West… nobody really considers it an island until you need something.
Silver had dedicated workforce — of which I was member — and an absolutely abysmal management team that leveraged the entire company to the hilt.
In the end, they had about $5m in assets and more than $500b in liabilities.
That in itself is quite the accomplishment.
For the most part, the people that worked at Silver cared and wanted to make sure passengers got to where they were going…
All while Silver and its management team kept saying that everything was AOK.
Obviously now, we know that was all a lie.
Employees were greeted by a final paycheck amounting to 45 percent of the value of the time they worked.
Funny, as the photo shows above, it doesn’t seem like the Giant Brain has missed many pay checks — or meals.
