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Old 13th Jun 2008, 13:48
  #310 (permalink)  
mary_hinge
 
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All 300 workers at collapsed business-class airline Silverjet were laid off after a rescue deal fell through.
Swiss investor Kingplace had provisionally agreed to take over the Luton Airport-based carrier after it fell into administration a fortnight ago.
But administrator Begbies Traynor said that, due to "unusually complex negotiations" with third parties, Kingplace was "no longer in a position to acquire Silverjet as a going concern

http://ukpress.google.com/article/AL...2eTIZxuKN7WjDg
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