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Silverjet denies it is seeking a takeover

Silverjet boss Lawrence Hunt has denied reports that the sole remaining business-only carrier is seeking a takeover.


The Financial Times reported on Monday that Silverjet was in “urgent negotiations with potential investors in the search for a rescue takeover deal”.


Hunt said: “I do not know where that has come from. We are almost at break even. We raised more money in December and we are operating three aircraft at almost 70% capacity.”


He conceded Silverjet’s prices remain below the average £1,200 one-way fare the carrier requires to make money on aircraft flying two-thirds full. But he said: “We have put prices up 20% since we launched and we are not far off.”


The demise of Eos would cut the business-only capacity to New York by 250 seats a day, added Hunt.




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