As of 2026, Silver Airways is no longer an independent carrier and is not owned by a major legacy airline; instead, its assets were acquired by Argentum Airways, a regional carrier backed by the investment firm Wexford Capital. This acquisition followed Silver Airways' bankruptcy filing and subsequent liquidation in early 2025. Argentum, which also manages Sterling Airways and Aleutian Airways, took over Silver's Department of Transportation (DOT) and FAA certificates, aircraft, and airport leases to relaunch regional services. Historically, Silver Airways was never "owned" by a major airline like United or Delta, but it operated as a key codeshare partner for them, providing vital links between Florida, the Bahamas, and the Caribbean. Under its new ownership in 2026, the airline aims to rebuild its regional network with a leaner operational model while potentially expanding its "Silver Airways" brand name into new markets such as Alaska, marking a significant transition for the storied regional brand.