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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.
In 2011, First Air celebrated its 65th anniversary. First Air is wholly owned by the Inuit people of Quebec through the Makivik Corporation, who purchased the company in 1990. On 21 August 2008, First Air fired president Bob Davis and replaced him with new president Scott Bateman.ervice to Sanikiluaq, Nunavut is provided in partnership with Air Inuit. In 1995, First Air bought Ptarmigan Airways, and in 1997 it bought Northwest Territorial Airways (also known as NWT Air), both of which were merged into First Air.