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Silverjet in talks to replicate its Premium Class model through franchise agreements

16-May-2008
Airline Code [FJE]  View More Silverjet News   
Silverjet in talks to replicate its Premium Class model through franchise agreements

Tags :UK, Silverjet

Silverjet stated it is in talks to replicate its Premium Class model through franchise agreements around the world, with plans to have at least one Silverjet franchise operational within the next 12 months (The Associated Press, 15-May-08).

 

The airline also stated it has been approached by a number of companies interested in purchasing the carrier, which plans to launch a new route every six to 12 months. Late last month, the carrier received a USD100 million commitment from Viceroy Holdings, including an initial USD25 million injection, in exchange for a 28% shareholding in the airline. 
 
Silverjet: "We've not gone out and said we're for sale, but we have been approached by a number of companies," Lawrence Hunt, CEO. Source: The Associated Press, 15-May-08.
 

 

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