Silver Airways, a regional carrier based in Fort Lauderdale, Florida, officially ceased all operations today, Wednesday, June 11, 2025, affecting air service in Florida, the Bahamas, and the Caribbean. The shutdown follows the airline’s Chapter 11 bankruptcy filing in December 2024, as it sought capital infusion and financial restructuring.

In the British Virgin Islands, where the airline previously operated two daily flights between San Juan, Puerto Rico, and Terrance B. Lettsome International Airport (EIS) on Beef Island, the BVI Airports Authority (BVIAA) has taken measures to mitigate disruptions caused by the halt in service.

Kurt A.G. Menal, Managing Director of the BVIAA, said the agency had been monitoring the airline’s financial condition for several months and had maintained active communication with Silver Airways throughout the process.

“We recognise the importance of reliable air service to the Territory, particularly along the San Juan (SJU) to Terrance B. Lettsome International Airport (EIS) route,” Menal said in a statement to the press on Wednesday.

In response to early warning signs, BVIAA initiated discussions with other carriers currently servicing the SJU–EIS route. Minister for Communications and Works, Hon. Kye M. Rymer, confirmed the government’s involvement, noting that these engagements were aimed at strengthening regional connectivity.

“These conversations have led to potential service enhancements that could possibly augment existing routes,” Rymer stated.

Menal confirmed that two regional airlines—Cape Air and InterCaribbean Airways—have already begun steps to address increased passenger demand resulting from Silver Airways’ exit.

“We remain committed to enhancing air service to the Virgin Islands by increasing route options and strengthening connectivity,” Menal added.

As of this report, no delays or cancellations related to the San Juan–Tortola route have been reported beyond those tied directly to Silver Airways’ withdrawal. The BVIAA continues to coordinate with airline partners to ensure continuity of service for travelers in and out of the Territory.

The Royal Virgin Islands Police Force (RVIPF) has identified the body recovered from the waters near Maria’s By The Sea Hotel as that of Vincent Warner, 47, of Tortola.

According to a statement issued by the RVIPF on Friday, officers recovered the body of a male individual from the sea near Maria’s By The Sea Hotel. “Officers are currently on scene,” the statement read. “Further details will be provided as they become available.”

Warner had been reported missing since May 26, 2025. Family members have since confirmed his identity to police.

He was described as having a slim build and a dark complexion, standing approximately 5 feet 6 inches tall and weighing around 170 pounds. He was the son of Viva Ham-Warner.

As of Saturday, the RVIPF has not released details on the cause of death. The investigation remains ongoing.

The Premier of the British Virgin Islands, Hon. Dr. Natalio D. Wheatley, has moved to reassure the public and international stakeholders of the Territory’s financial stability following the planned wind-down of Bank of Asia (BVI) Limited. In an official statement released Friday, Dr. Wheatley emphasized the government’s commitment to transparency, strong regulatory oversight, and the continued integrity of the Virgin Islands’ globally recognized financial services sector.

“As Premier, my priority is the stability and wellbeing of our Islands,” Wheatley said. “We are proud of the global confidence placed in our financial services sector, and I want to reaffirm that this Government remains focused on protecting that reputation.”

Wheatley praised the leadership of the Financial Services Commission (FSC) and the Virgin Islands Deposit Insurance Corporation (VIDIC), two key institutions responsible for regulating and protecting the Territory’s banking sector. He described both as operating with “professional expertise and international best practices” and expressed confidence in their ability to manage the wind-down process with diligence and in full compliance with the BVI’s regulatory framework.

The Premier also addressed public concerns over the placement of government funds with Bank of Asia, clarifying that such decisions are made within the Ministry of Finance by designated public officers, without any involvement from government ministers.

“Deposits such as these are strategies to diversify the Government’s financial portfolio,” he explained. “This is a practice that is commonplace and fiscally responsible across jurisdictions worldwide.”

To promote public trust and ensure transparency, Dr. Wheatley announced he has requested an internal audit of the specific transaction involving the Bank of Asia deposit. “I hope this will offer clear insight, foster confidence, and bring greater understanding to all,” he said.

The statement comes as the Virgin Islands continues to navigate its position as a global financial center, facing evolving international scrutiny and regulatory expectations. The Premier encouraged residents to rely on official sources—including the Government’s website and verified social media channels—for accurate updates on financial and governance matters.

“As Premier, I remain fully committed to protecting the public interest and to maintaining the strength and stability of our financial system,” he said. “This Government is moving forward with confidence, purpose, and unity. Together, we move ahead—with clarity, with strength, and with optimism.”