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Silverjet rescue mission prepares for take-off

9 June 2008

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.

The level of interest in Silverjet will surprise the airline industry, which had expected the company to disappear without trace. While the company has won plaudits for the quality and value-for-money of its daily services from London’s Luton airport to Dubai and New York, attracting around 90,000 passengers in its first year, a combination of soaring jet fuel prices and an economic slowdown left the airline in dire financial straits.

source: The Independent

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