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Silverjet Plc


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Silverjet stops search for funding after failed takeover offer

(LONDON) Silverjet plc, the last business class-only airline to fly between London and the United States, gave up its search for additional investment after a takeover offer fell through last week.

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Silverjet rescue collapses

London: Silverjet Plc, the UK airline grounded two weeks ago after funds ran out, was left without a buyer and will fire its workers after

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Silverjet might fly again after buyout offer

Collapsed business-class airline Silverjet PLC plans to be back in the skies within weeks after its administrators accepted a buyout offer from an investment firm. Begbies Traynor Group PLC, which took control of Silverjet last month when it ceased operations after a funding deal fell through, said it has agreed to principle terms from Kingplace Ltd. to acquire and relaunch the airline. The administrator...

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Report: ArabJet launches bid for Silverjet - CNBC

DUBAI, United Arab Emirates - ArabJet, a Dubai-based business-class airline, has launched a bid to buy the London-based Silverjet PLC, a government-owned business daily reported ...

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Swiss investment firm bids for Silverjet

The administrator of collapsed business-class airline Silverjet PLC, confirmed on Monday that it has received a formal offer from a Swiss investment firm to buy and relaunch the airline.

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Swiss investment firm bids for Silverjet

The administrator of collapsed business-class airline Silverjet PLC, confirmed on Monday that it has received a formal offer from a Swiss investment firm to buy and relaunch the airline.

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Swiss investment firm bids for Silverjet

The administrator of collapsed business-class airline Silverjet PLC, confirmed on Monday that it has received a formal offer from a Swiss investment firm to buy and relaunch the airline. Administrator Begbies Traynor added that two other parties have...

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Swiss investment firm bids for Silverjet

The administrator of collapsed business-class airline Silverjet PLC, confirmed on Monday that it has received a formal offer from a Swiss investment firm to buy and relaunch the airline.

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Swiss investment firm bids for Silverjet

The administrator of collapsed business-class airline Silverjet PLC, confirmed on Monday that it has received a formal offer from a Swiss investment firm to buy and relaunch the airline.

+Vote!

Swiss investment firm bids for Silverjet

LONDON -- The administrator of collapsed business-class airline Silverjet PLC, confirmed on Monday that it has received a formal offer from a Swiss investment firm to buy and relaunch the airline.

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Silverjet goes under as funding dries up

Britain's Silverjet PLC has become the third business-class-only airline flying between London and New York to collapse, after failing to get an emergency $5-million (U.S.) loan. The company yesterday called in administrators, grounded its fleet and said it did not believe there was likely to be any value realized for shareholders. Fuel prices and worsening economic conditions in Britain and the United...

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8.4 Million pounds Sterling Loan Facility and Proposed 4.3 Million pounds Subscription

NEW YORK and LONDON, May 4 /PRNewswire/ -- Silverjet plc, the British exclusively business class airline, today announces that on 2 May 2008 it entered into both a Subscription Agreement and a Lo...

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Silverjet plc ('Silverjet' or the 'Company') Working Capital Update

Intended initial investment of US$25 million LONDON, April 30 /PRNewswire/ -- Silverjet, the British exclusively business class airline, today announces an update on its working capital position and that it has entered into a memorandum of understanding (the "MOU") with a UAE based investor (the "Investor"). Following recent material increases in fuel prices and tightening of credit conditions...