And another one gone: Silverjet ceases operations
May 30, 2008
The business-only airline has ceased operations today. From a statement on the Silverjet homepage:
Your belief in us was shared by our investors - but regrettably, due to unforeseen circumstances, they were unable to unlock the finance that we needed. As a result, we are very sad to announce that from 30 May 2008, we will cease operations and we are no longer able to honour flight reservations.We extend our sincerest apologies to those of you who have travel plans with Silverjet in the future and at present. You are advised to seek alternative travel arrangements with other carriers, and contact your credit card company or travel agent directly for information on obtaining refunds.
Apparently Silverjet is seeking alternative investment, so all is not irretrievably lost - but with Eos and MAXjet also gone, and oil prices continuing to rise, surely only die-hard risk takers will be willing to invest in a business-class-only airline right now.
Is it time to say Sir Richard Branson called it right on business-only airlines?
Nathan Midgley
