Wexford Capital is back, and that’s a name you might remember from the past. The company is a bottom-feeding private equity investment firm that has put money into a variety of airlines when they’re bankrupt or restructuring. They’ve now one it again with Silver Airways, but this was certainly a different kind of deal. Instead of trying to fix the airline at this point, it decided the parts were worth more than the whole. And now Silver will not fly again.
