Silverjet MD Lawrence Hunt has rubbished reports that Middle East proposed airline Arabjet will come to the rescue of his failed all-business carrier.
Hunt called the airline’s board “a bunch of timewasters†and said it had been in negotiations with Silverjet since February with no results.
He said: “They can’t even raise the £125,000 needed to secure negotiations with the administrators. They just do not have the funding. We presented business plans to them way back and they just did nothing. They haven’t got anything else to do because they can’t even launch their own airline, never mind Silverjet.â€
Arabjet’s website says it plans to launch an upmarket airline serving premium passengers within the Middle East region.
Silverjet was grounded on May 30 after failing to secure funding. It made no profit in the last 16 months.
Hunt was forced to make the carrier’s 420 staff redundant on Friday after a handful of bids failed to materialise into concrete purchases.
Hunt added: “Arabjet are just flying a kite. Anyway, there’s nothing left to buy, except the website which I own, because the CAA has now revoked all the licences.â€
By Dinah Hatch
