I actually would buy risk buying a ticket from them again...so that isn't a fact. Ex customer...sorry for intruding but it had to be said.

The Business Class only model has crashed and so will Low Cost, which isn't low cost anymore due to the oil price alone and swingeing hikes in the UK's Air Departure Duty.

Even RyanAir won't survive whats coming.

Carnage..............

Fuel has been coming down in price in the last week or so. Just pointing it out for good order.

Well said Carnage!!

SJ really has brainwashed all their staff!!

The circus arrived in town 18 months ago , and now it HAS GONE FOR GOOD!!!

Along with others I was dubious about this product working, and it hasn't.

All you ex SJ people, please please move on and go work for a well established airline, such as BA or something.

Again, said before, why would anybody in the right mind buy a ticket on SJ if they were to 'reinvent' themselves??
Many major carriers are feeling the pinch with the fuel situation, at least they have some financial reserves to ride the waves, SJ didn't!!

The way I see it, just look back and think of the places you went to and saw with memories, but MOVE ON!!

:ugh::ugh::ugh:

Its very sad when something like this happens. There are always going to be winners and there always going to be losers. Its the nature of the beast unfortuantly.

I know deep down I would be really gutted if things went pear shaped at BA and I lost my job.

But I would also see it as a new start and move on with my life.

You all had a life before SJ, its very sad I know but I have to agree with so many of the posters on here. Time to move on. If SJ does come back into business in the not too distant future great, but if it doesn't so be it.

You may all be about to be proved wrong - watch out for a press release tonight!

WOW! Daily updates. Its an email I guess? Please, I can bang out a couple of sentence and email a whole load of people every day. Few minutes, under 5 I`d guess.

If they ever do get Silverjet airborne again do you really believe it will last. Google Braniff and see how many times thats started up. National Airlines in US.
Laker had this sort of thing to I believe. He restarted in the US and ran a short lived DC10 service from Florida to London.
The Silver is tarnished.

I worked for an airline which went bust at Luton. A skeleton staff were kept on ie AOC holders so the airline had some value to sell on. Rumours Virgin Express were interested, course they weren`t. A month later they were laid off. There were NO buyers airline closed. Wait till you see the assets.. the ex airline had a second hand banger of a car listed. And your get x pence in the £ possibly in a year or more the main creditors have been paid off.
I went off and worked in a supermarket in Harpenden for a couple of weeks, then manager in travel agent. It wasn`t for me but I had a go. I`m back as crew now on the best T&Cs and money in the UK.

Press Release!!
 

KINGPLACE CONFIRMS OFFER TO BEGBIES TRAYNOR FOR RELAUNCH OF SILVERJET.

4th June 2008, Kingplace Ltd. announces that it has made an offer to Begbies Traynor, administrator, and Lawrence Hunt, CEO of Silverjet, to relaunch the British exclusively business class airline.

Kingplace is registered in Ireland and managed by Heritage Cie S.A., a Geneva trust and management company. The offer by Kingplace is being made on behalf of private clients.

Ian Ilsley, Chairman of Heritage and a Director of Kingplace comments:

"Kingplace can confirm that it has made an offer to Begbies Traynor and Lawrence Hunt, CEO Silverjet, with a view to purchasing Silverjet. We are excited at the prospect of acquiring Silverjet and resuming operations as quickly as possible with the existing staff and in particular, Silverjet’s highly regarded crews. We will be investing in the future development and success of the brand. We will make a further announcement in due course".

Lawrence Hunt, Chief Executive of Silverjet comments:

“I am delighted to confirm that Kingplace is in conversation with Begbies Traynor about Silverjet resuming operations in the near future. As CEO of Silverjet my aim is to see Silverjet up and flying as quickly as possible, working with our incredible team of staff and delivering our very sivilised travel experience. We hope to make an announcement in the near future about when we will be able to resume operations.”

I wish everyone at Silverjet all the best and it would be good to see it back.

But realistically the brand is tarnished unfortunatly, and how much money is this investor going to pump in? Enough to sustain Silverjet for enough time for it to make money to keep going on its own?
And I am sure the majors might turn the screw a bit as well.

Would be good to be proved wrong though.

As cabin crew and a Customer on their flights i'd certainly be thrilled to see them back up in the air. Hope to see them flying again soon.

RGDS
FLC

mmmm... tarnished silver may fly again? Or are we re naming to another element? So hopefully the cabin crew unpaid will get full pay for the month they worked.

Well the business class airlines don`t work wonder if the 2 class cabin will be introduced? (if it flies) or economy class type service.

Guys-lets remember that airlines feel very little loyalty to their staff.

I go to work, do my job well, take good care of my pax etc etc but I don't owe the airline anything-just remember that they would make you redundant at their click of their fingers if they needed too.

Reading these posts its a little sad that some ex SJ are ultra loyal to the airlne and would work for free. It's awful that you have lost your jobs but you need to move on and not rely on SJ to get back in the air.

Oh and join a union!

:ok:

Wish I could be more optimistic, but...

well said.........i agree....:D:D:D:D

On a what if!
They get some funds

They pay the CC wages
They settle a lot of debts accrued recently
They have to put an aircraft into C Check, more outlay
Christmas comes but once a year :\

They have a bigger problem, they don't own the airframes; they are all leased. That's why IMHO the leasing company ended the tour in the US, that's where they wanted the airframe.

And lets not forget the loan that the Reuben brothers have in Silverjet, they would want their money out first.

So between the 10mm for Reubens, the leases on the A/C, any investor will need to put in 10-20mm plus the financing required by the CAA for 6 months of operating cost, we are talking close to 40mm add to that the 40mm that the company has incurred in debt sofar and the total rescue package needs to be close to 80mm Sterling. Not worth it for a name wit no assets. Nothing to strip.

According to the Travel Trade Gazette, "Silverjet could be back in the air again by early next month." Full article here.

Poof in BootsAs they say in pantomime .. Oh yes they will

FR will survive because they are callous about their staff and put money before everything, so they will lay off or sack without hesitation. They will survive because their prices are frequently lower than others.

Don't think RYR will go but although their prices are cheaper their fuel costs are higher because they don't hedge

Will SilverJet rise from the ashes? I would have a serious punt at no.
Would someone invest megabucks in a re-launch of the product? No.

Negativity over:

Can the quality of staff and service levels be utilised? Yes
Can the luxurious aircraft be utilised? Yes
Can the staff deliver the same loyalty to another brand? Up to them to decide

Ready made PrivatAir to be bought out and assets used on a profit making contract to a bigger player with economies of scale

Time will tell, but good luck to you all at SIL, hope it works out for you all.


Bored

a rescue package has been announced, crew will be paid on weds, the investor will relaunch the current product.

i would strongly advise all crew to get what they can and get out.

best of luck

Do you think they can stump up the money to have the funds available for 6 months of operating costs that the CAA will require the company to have? anyone got any idea how much that will run to? cant see it happening got to be in the region of 50 -70 mill at a guess minimum.

someone i know is crew, her boyfriend told me she'd had an email?

I notice that the Telegraph is reporting a rescue by Swiss investors.

Very much hope this is true.

Good luck to all at Silverjet.

Must have money to burn!!! :ugh:

no money has been given to the receivers so the last two weeks have been more lh **** so everyone has been made redundant all cabin crew get NOTHING.

What a joke silverjet...........been shafted again all the crew ,,a load of crap...and a crap company feeding their crew with aload of rubbish,,:=:=:=:=:=:mad::mad::mad:

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

Firstly - I send my thoughts to all those who now face redundancy - It is a horrid set of circumstances and I hope you will all find jobs quickly.

Secondly - to all those who were so rude to the Silverjet crew who had hopes of the airline rekindling its "Silverized" Experience .... I personally am not Silverjet crew, but I have an awful lot of respect for all those crew who were dedicated to there airline till the end. Please do not judge the crew for there loyality as that loyality is exactly what an airline is looking for in there employees, which should make them finding new positions easier as they have good hearts!

Again, to all the Silverjet crew, good luck with your future careers!

DivingDiva,

I dont think anyone has been intentionally "rude" to any ex-Silverjet employees. Realistic I think but not rude. Anyone that keeps up to date with the current trends etc. etc. etc. within the aviation industry could have predicted the foregone conclusion. Anyway, water under the bridge. Alas Silverjet is no more so perhaps it really is time to let it go. :)

Has a number of good factors now that at last the employees can move on. Hard I know by reading some of the posts on pprune with people clutching at straws to their future`s. It was unfair that they kept you hanging on, but you can now claim benefit, and move on to pastures new. Soon as the rumours and then the following shares supended shares the game was up. The name was mud and lets be honest, how many of your passengers were regulars, not jouros, Touchdown, or the birthday specials, hen/stag do, wedding aniversary etc? I`ve just come back from Holiday myself. Charter carrier and tell you dump a glass of free sparkling wine and give the kids a colouring book... your seen the best too, now with an improvement on that to silverjet product thats who you were pleasing..
Good luck with new jobs

Does anyone have any news on what this new newsletter is? Sounds interesting to me...

Surely it's got to be a better time for an airline such as this - with companies looking to cut costs and save money by not flying business / first, but still treat their number 1's with style this could be the top alternative about this time? And yes I am aware we are in the crunch at the moment, but things can only get better from here I guess?

Don't get me wrong, I don't think Silverjet is an amazing business model in the slightest; more of a trying to keep everyone happy at the cost of themselves, and a lot of things such as these need to give.

I think if the right investor was behind it for the long term (with no false promises this time!) it might be a good looker.

Thoughts?

The details of the newsletter are that it was an edition from last june sent out in error. It also included details of Emirates upcoming introduction of the A380 which has long since happened.

Personally I cant think of a worse time to start a business class carrier.

I think its a perfect time to set up a business carrier now. Fuel prices are low......no competition now in this sector.......loads of crew looking for jobs......and aircraft going cheap. No reason why this wouldnt work in this current economic state. Business pax still have to travel no matter what, so no shortage of pax either

Except that business travellers do not still have to travel and in fact are not doing so.

But hey. You go ahead and invest your bundle and we'll watch from the sidelines ;)

Biz pax are flying, but selectively
 

The Washington and Dubai routes were very popular, excellent service, and more importantly great pricing.
The Dubai and Luton Terminal facilites cut the cra% ( mostly). Dubai was getting busy, and over full at times. Luton appeared to be OK. Never did Washington my self so no comment.
Pax could get in and out of DXB airport very very easily, and in comfort.

I feel that Silverjet could rise again, NOW, and serve these two destinations well.


I was involved in a business only service that failed to launch due to 9/11, so have great faith in he model, plus great faith in the new timing.


windy

Washington??

I don't think it could, not as Silverjet anyway, as the brand has been damaged so in the present climate no one is likely to trust giving money to it!