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The company is owned by Victory Park Capital, a Chicago-based investment firm. Silver Airways is headquartered in Fort Lauderdale (Florida) with a maintenance facility based at Gainesville Regional Airport in Florida. The airline operates under a principal code share and alliance agreement with United Airlines.
Partly in an effort to overcome this dilemma, in 2010 Ethiopian launched ASKY Airlines, a Togo-based subsidiary, to cash in on the buoyant performance of west Africaâs regional air market. The move has worked effectively, and ASKY became profitable within months.