Silverjet

Silverjet Aviation Ltd. was created in 2004 by Lawrence Hunt. Prior to launch, the airline, established in spring 2006, secured sufficient funding to begin trading on the AIM, a market operated by the London Stock Exchange, and joined the AIM on 12 May. The airline bought two Boeing 767-200 aircraft in August 2006 that were previously operated by Thomsonfly. These were delivered in March 2007 and October 2007 and were Silverjet's main aircraft. With the acquisition of British Charter Flyjet in October, Silverjet took ownership of their two Boeing 757 and one Boeing 767 aircraft. This also provided Silverjet with Flyjet's Air Operator's Certificate, Operating Licence and a worldwide Route Licence.

Silverjet's website, designed by Prospect, began taking passengers' bookings for flights on 12 October 2006, for a standard fare of £999. Silverjet's first scheduled flight between London Luton and Newark began on 25 January 2007, and a second daily service on this route was launched on 23 September 2007. Services from London Luton to Dubai International commenced on 18 November 2007, and the airline planned to launch other long-haul destinations in the future, but this expansion was halted because of Silverjet's financial troubles.

At the beginning of May 2008, Silverjet stated that they had arranged an $8.4 million loan facility from Viceroy Holdings, a Middle Eastern investor. However, the airline was unable to draw down $5 million that it needed urgently, and, on 23 May 2008, trading of Silverjet's shares was suspended on the AIM. Later, on 30 May 2008, a statement was released from Silverjet's CEO that stated Silverjet would cease operations and suspend all flights with immediate effect due to failing to secure funding. The last operating flight, SLR254, arrived at London Luton Airport from Dubai at 15:00GMT on the day of the announcement.

On 10 June 2008, it was announced that Ireland-based Kingplace would purchase Silverjet on behalf of unnamed private clients. However that deal fell through on 13 June, Silverjet went into liquidation and made all 420 staff redundant. An announcement by Lawrence Hunt, chief executive of Silverjet on 19 June 2008 dismissed rumours that Arabjet would keep the airline in business and stated that Silverjet's fleet would be permanently grounded and that the airline would not fly again.

Destinations

Prior to the suspension of operations, Silverjet operated twice-daily flights between London Luton Airport and Newark Liberty International Airport, and a daily service between London Luton Airport and Dubai International Airport. Silverjet also operated cargo services between London and Newark that used the underfloor cargo capacity of their Boeing 767 passenger aircraft.

Private terminals

Silverjet was the only airline to offer a private passenger terminal at London Luton Airport. The airline also had a private check-in area at Newark Airport located in the Arrivals area and separated from the other check-in desks, and used the executive terminal at Dubai International Airport for arrivals and departures. Silverjet's private terminal at Luton and private check-in area at Newark also housed the airline's Silver Lounge, and like most airport lounges, offered food, drinks, seating and free internet access to Silverjet passengers.

Fleet

Silverjet's fleet consisted of three Boeing 767-200(ER) aircraft.