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Old 8th Jun 2008, 15:29
  #13 (permalink)  
befree
 
Join Date: Aug 2004
Location: uk
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30% chance

I think silverjet has about a 30% chance of going again. The cost base will be lower if it can do a deal to lease the 767s cheaper and it will not have to repay all the loans. It would need to get all the bits of the package on the cheap and not lose money on expansions that never happen. A lot of what went wrong with Silverjet 1 was things done to con the shareholders. Off the stockmarket things can be more honest.

This will be very dependant on the oil price over the next two weeks. With AA going from stansted having about 1/3rd stands seating may help.
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