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Old 2nd Oct 2006, 19:47
  #76 (permalink)  
LGS6753
 
Join Date: Jul 2003
Location: Under the flight path
Posts: 2,626
Received 11 Likes on 4 Posts
This looks like a good deal.

For £4m they get the aircraft they need, at a better price than they expected.
They get an AOC, meaning they don't need to pay to borrow someone else's and/or acquire their own.
They get systems, management, cash-flow, suppliers, aircrew, cabin crew, etc without start-up costs.
They get a couple of 757s thrown in, with a year's contracts in place.
And since the Chairman of Silverjet is also Chairman of FJE, presumably he hasn't sold himself a pup.

Roll on Silverjet, Luton to the World...
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