Silverjet suspends operations

June 1st, 2008

Silverjet Airlines has grounded its fleet after rescue funds promised last week failed to materialise.

A statement on the company’s website dated May 30 reads, ‘Silverjet continues to be in discussions with investors interested in supporting the business of Silverjet, however it has yet to conclude such discussions to its satisfaction. It is with deep regret that the Board of Silverjet has therefore decided that it must suspend operations with immediate effect. The last service of Silverjet was the flight from Dubai to London Luton, which departed at 7.30 am (BST) this morning.’

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