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Saturday, May 31, 2008
 

Silverjet grounded as funding falls through


Silverjet on Friday became the third business-class-only airline in just six months to cease operations, unable to cope with rising fuel costs or attract new financing.

The British airline, which was one of four independent carriers that focused on flying business travelers across the Atlantic, suspended its service after just 18 months in business. Its last flight touched down at the Luton airport of London Friday afternoon.

iht.com

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