May 30 2008
Silverjet Bites The Dust
The Trans-Atlantic luxury carrier known as Silverjet has left the building. In other words, they have stopped flying. According to Silverjet, they could be back in the air if they receive a rescue package quickly. That rescue package would need to be more then 5 million dollars thick. Most everyone agrees that the chances of them getting that loan are slim to none. With the current economy, many investors are staying away from airlines.
With only one of the four luxury Trans-Atlantic airlines still in buisness, it seems as though the luxury airline concept was a complete failure. L’Avion, the last remaining airline with the luxury concept, states that it currently has “a prudent approach”. Hopefully L’Avion is right, as they are the last example of a Trans-Atlantic luxury airline.
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