Investment Groups Battle to Save Silverjet
A mid-air rescue deal may bring back the business-class-only airline. At least two firms have made formal bids to acquire it
This article is for subscribers only.
Silverjet, the business class-only airline that was forced into administration last month, is on the verge of an unlikely return to the skies, with a rescue deal set to be announced as early as today.
Lawrence Hunt, the founder and chief executive of the airline, spent the weekend locked in talks with Begbies Traynor, its administrators, and three groups that have expressed an interest in acquiring Silverjet.