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Business airline Silverjet boosted rivals collapse

4 January 2008

Business class only airline Silverjet saw passenger numbers rise 12pc in December as it benefited from the collapse of rival Maxjet.

In its monthly trading update, Silverjet said it had picked up 800 bookings from passengers with tickets on Maxjet services since the company filed for bankruptcy at the end of last year.

Chief executive Laurence Hunt said: “We have booked 800 seats from Maxjet in the past two weeks. Before Maxjet ceased to operate, our average yield was more than 50pc higher than Maxjet’s and revenue per aircraft was two and a half times higher than Maxjet’s in our first half year of operation.

source: Telegraph.co.uk

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