Silverjet ceases operations and enters administration

June 1, 2008 

British all-business class airline Silverjet has ceased operations and entered administration. The airline operated out of Luton Airport running services to New York and Dubai. 
Passengers booked with Silverjet have been told to claim refunds from their credit card issuer or travel agent. The UK Civil Aviation Authority estimates that 7,000 UK travellers could be affected by the collapse. 
The airline, which had hoped to secure an emergency US$5 million loan from Viceroy Holdings, was formed at the start of last year. It has now been put up for sale by administrator Begbies Traynor. It is thought that Middle Eastern company Viceroy may put in an offer, as might a group of former Silverjet managers who recently left the company. Included in the administration deal are Silverjet's subsidiaries Silverjet Aviation Limited, Skylease Limited and Sky People Limited, all of which are wholly owned by Silverjet.
Silverjet ceases operations and enters administration June 1 , 2008 British all - business class airline Silverjet has ceased operations and entered administration . The airline operated out of Luton Airport running services to New York and Dubai . Passengers booked with Silverjet have been told to claim refunds from their credit card issuer or travel agent . The UK Civil Aviation Authority estimates that 7,000 UK travellers could be affected by the collapse . The airline , which had hoped to secure an emergency US$ 5 million loan from Viceroy Holdings , was formed at the start of last year . It has now been put up for sale by administrator Begbies Traynor . It is thought that Middle Eastern company Viceroy may put in an offer , as might a group of former Silverjet managers who recently left the company . Included in the administration deal are Silverjet 's subsidiaries Silverjet Aviation Limited , Skylease Limited and Sky People Limited , all of which are wholly owned by Silverjet .
Silverjet
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operations
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enters
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administration
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all-business class airline Silverjet
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operations
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administration
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The airline
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Luton Airport running services
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New York
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Dubai
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Passengers
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Silverjet
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refunds
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their credit card issuer
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travel agent
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The UK Civil Aviation Authority
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7,000 UK travellers
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the collapse
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The airline
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an emergency US$5 million loan
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Viceroy Holdings
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the start of last year
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sale
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administrator Begbies Traynor
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Middle Eastern company Viceroy
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an offer
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former Silverjet managers
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the company
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the administration deal
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Silverjet's subsidiaries
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Silverjet Aviation Limited
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Skylease Limited
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Sky People Limited
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Silverjet
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