Silverjet faces multi-million dollar lawsuit - TravelMole


Silverjet faces multi-million dollar lawsuit

Saturday, 28 Sep, 2007 0

Silverjet has vowed to fight a legal action by a US company which claims the airline failed to honour an agreement to provide it with a Boeing 767 aircraft.

In a stock market statement, Silverjet confirmed that it had received a legal complaint from C First Class Corp, but did not disclose details.

“Having taken legal advice, Silverjet remains of the opinion that the complaint is without merit,” said the statement.

C First Class Corp said it had filed a multi-million dollar lawsuit for damages against Silverjet in the New York Federal Court.

It claims it held an executed contract with FlyJet for the use of a dedicated 767-200ER aircraft and operation of an international charter programme.

But after Silverjet purchased FlyJet in November 2006, C First Class Corp said the airline subsequently “appropriated the dedicated 767 aircraft for its own purposes, including a deposit of €750,000, in direct violation and malicious disregard of all C First Class rights”.

It said SilverJet had agreed to provide alternative 767 ER aircraft, a break-up fee of €1 million and additional compensation, but has not honoured its agreement.

The lawsuit includes charges of unjust enrichment, tortious interference with a business relationship and tortious interference with contract.

By Bev Fearis



 


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Bev

Editor in chief Bev Fearis has been a travel journalist for 25 years. She started her career at Travel Weekly, where she became deputy news editor, before joining Business Traveller as deputy editor and launching the magazine’s website. She has also written travel features, news and expert comment for the Guardian, Observer, Times, Telegraph, Boundless and other consumer titles and was named one of the top 50 UK travel journalists by the Press Gazette.



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