LONDON, April 30 (Reuters) - Business class only airline Silverjet is planning new routes to India, South Africa and the West Coast of the United States following a life-saving cash injection, its ...
LONDON (Reuters) - Business class-only airline Silverjet kept itself afloat on Wednesday by securing a life-saving $25 million (12.6 million pounds) from a mystery investor, sending its shares more ...
Kingplace Ltd., based in Ireland, has made an offer to Silverjet, the all-business-class airline, which could get the carrier up and flying again in the near future after it ended operations at the ...
Silverjet is set to fly again after a company managed by a Swiss trust agreed an undisclosed price for the failed business-class carrier. The deal, which it is hoped will be completed by June 13, will ...
An investment group acting on behalf of undisclosed "private clients" has offered to relaunch Silverjet, the London-based business-class airline that suspended service on May 30. The offer from ...
Silverjet has struggled to become profitable in the face of rising oil prices Trading in Silverjet, the sole surviving business class only airline, was suspended this morning after the company failed ...
LONDON, May 30 (Reuters) - Britain's Silverjet has become the third business-class-only airline flying between London and New York to collapse, after failing to get an emergency $5 million loan. Sign ...
Shares in loss-making business class airline Silverjet have been suspended from trading after a funding lifeline from a UAE investment group failed to materialise. The UK-based airline, which flies ...
Following up on the saga of Silverjet, which we wrote about last week, a tentative deal is now in place that would get the all-business-class carrier back in the air. Principal terms have been agreed ...
It's not clear what role Silverjet chief executive Lawrence hunt will have Silverjet, the business-class only airline, is to fly again after being bought out of administration for an undisclosed sum ...
Silverjet today ceased operations after a year and a half of service, joining its two fallen all-business-class peers on the New York-London route, Eos and Maxjet, which stopped service last month and ...
In the latest turbulence to hit the carrier, the Middle Eastern investors it teamed up with three weeks ago have not provided an agreed loan of about $5m (£2.5m). Although Silverjet was running ...
Exploratory talks between business-class airline Silverjet with Lufthansa and the Gibraltar Bland Group have been reported since Friday, gaining prominence with the Sunday papers. Exploratory talks ...
LONDON (MarketWatch) -- Business-class only airline Silverjet halted operations, a week after it had said it had yet to get a $5 million loan from a Middle East investment group. Silverjet said it ...
Gulf News: UAE investor comes to Silverjet's rescue with $25m cash infusion
UAE investor comes to Silverjet's rescue with $25m cash infusion Dubai: An undisclosed UAE investor came to the rescue of British business-class airline Silverjet with a $25 million cash injection ...
Unable to secure critical funds from UAE-based investment group Viceroy Holdings, all-business-class carrier Silverjet shut down Friday, following Eos Airlines and MAXjet Airways into the history ...
LONDON, Jan 15 (Reuters) - British business class-only airline Silverjet defended its strategy on Tuesday after one of its peers collapsed last month and a brokerage said it too was "doomed to fail".
Bust airline Silverjet was dealt a hammer blow today when City investigators decided not to probe its downfall. The loss-making business-class carrier collapsed in May after a would-be investor from ...
In a mid-air crisis, only the pilot really knows what is happening but even first-time flyers can distinguish a dive from a cruise. The trajectory of shares in Silverjet has shown that investor ...
UK all-business carrier Silverjet has defended itself in the light of a scathing analyst’s research note, which branded it likely to fail and advised investors to sell at any price. The research note, ...
LONDON – Silverjet is still hopeful it will receive the first instalement of a rescue package as its backers “are still keen to invest”, a spokesman for the all-business airline said. Silverjet flies ...
Critical City analysts are to blame for the collapse of UK-based business class airline Silverjet and not the soaring cost of fuel, its former chief executive said in comments published on Sunday.
Business class-only airline Silverjet continued to take bookings on Wednesday despite mounting financial pressure as it waits for news of critical new funding. Shares in the loss-making carrier were ...
Silverjet, the British exclusively business class airline, today announces an update on its working capital position and that it has entered into a memorandum of understanding (the "MOU") with a UAE ...
Zawya: Silverjet plc £8.4 million loan facility and proposed £4.3 million subscription
Silverjet plc, the British exclusively business class airline, today announces that on 2 May 2008 it entered into both a Subscription Agreement and a Loan Facility Agreement with Viceroy Holdings LLC ...
To survive in the aviation industry requires nerves of steel, says Danny Fortson in The Independent. Which perhaps explains why, when all-business class airline Silverjet's shares plumbed new lows on ...
The Daily Telegraph: Silverjet: The rapid rise and fall of a business class-only airline
Silverjet, a third low-cost business class airline, joins MaxJet and Eos, two American-based carriers which began flying from Stansted in 2005, in what is becoming a rapidly expanding market. Two ...
Many have tried – and failed. Starting an airline is a troublesome business, as Lawrence Hunt, chief executive of Silverjet, is finding out to his and his shareholders' cost. When one of your rivals, ...
UK long-haul all-business carrier Silverjet has provisionally secured $25 million in funding from an unnamed UAE investor, boosting its dwindling cash reserves. London Luton-based Silverjet, which ...
Silverjet, the business class-only airline that was forced into administration last month, is on the verge of an unlikely return to the skies, with a rescue deal set to be announced as early as today.
UK all-premium carrier Silverjet has suspended operations after failing to secure much-needed funding from prospective investor Viceroy Holdings or any other channel. London Luton-based Silverjet’s ...