Another 'Boutique' Airline Goes Under

Business Jet Traveler » August 2008
Friday, August 1, 2008 - 5:00am
Britain's all-business-class carrier Silverjet ceased operations in May, becoming the third such airline to collapse within six months. MAXjet launched service in November 2005 and ceased operations in December 2007. Eos, which began service a month before MAXjet, lased just four months longer, filing for bankruptcy in April 2008. Silverjet had counted on a $5 million loan from Abu Dhabi-based investors that failed to materialize. The loss of Silverjet leaves French operator L'Avion, with Paris-New York service, as the sole remaining standalone, all-business-class operator.
Share this...

Add your comment:

By submitting a comment, you are allowing AIN Publications to edit and use your comment in all media.

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.
 

Quote/Unquote

“Ride-sharing, in the old days, was everyone hopping in the VW bus to see [the Grateful Dead’s] Jerry [Garcia]. Now it’s about getting a seat on a King Air 350i ”

-Kenny Dichter, CEO of private jet company Wheels Up, who is lining up airplanes to transport fans to three Grateful Dead farewell show in Chicago.