Silverjet may be set to expand into new destinations following the announcement of a cash injection by a Middle Eastern investor.
The
business class airline said that it is to receive $25 million (£12.7 million) of investment from the unnamed investor, with about $75 million more to come to help the carrier move into new markets, including the
Middle East, the
Far East and
Africa.
Currently, Silverjet operates a number of
business class flights to New York and
Dubai from
Luton Airport.
"This investment places Silverjet in a strong position to further develop our brand and proposition," commented Lawrence Hunt, chief executive of
Silverjet.
"It is particularly encouraging to have secured this agreement in a challenging environment for all airlines."
Silverjet's flights allow passengers to travel through a private terminal at Luton Airport, including 30-minute check-in, dedicated security and use of the Silver Lounge. In the air, the carrier provides a
gourmet menu, flat beds and more.
Posted by Andrea at 11:29, 30 April 2008
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