Et tu Silverjet?

Tracy Stewart, May 30, 2008
Fares from Washington DC:

    Say it ain't so. No more Silverjet? That's the word from Silverjet CEO Lawrence Hunt, who announced today that Silverjet has suspended operations. Apparently, the Biz Class carrier was unable to stay afloat (aflight?) after investors failed to deliver on funds earlier this month. So what's their next move? "We are working actively with new investors who are prepared to inject new funds so we can recommence operations," says Hunt.

    You may recall, Silverjet was the last man standing after the recent fall of similar all-business class models like MaxJet and Eos, operating New York to London routes. Will they get the cash they need in order to survive? Well, it's not exactly the best time to invest in a commercial airline, but who knows.

    In the meantime, stranded passengers should visit Silverjet's FAQ page.