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Silverjet on course for profit this month
All business class carrier Silverjet has claimed “strong†forward bookings on the back of an improved passenger load factor for February.
The Luton-based airline achieved a load factor of 65% – up 10% on the previous month. It sold 8,829 out of an available 13,800 seats on routes to New York and Dubai.
Silverjet achieved an 87% on-time departure record during the month, claimed as the most punctual on both routes.
Chief executive Lawrence Hunt said the load factor improvement was particularly encouraging given the shorter month and February half-term.
“The board is making every effort to ensure that Silverjet will achieve its first month of operating profit and be cash generative in March 2008,†he said.
Hunt added: “Forward bookings remain strong for both our New York and Dubai service which is further testament to the market endorsement of our product.
“We continue to see a very high number of repeat customers. On our New York service, over 25% of customers are now repeat bookers. Our Dubai service continues to go from strength to strength and is ahead of expectations.”
by Phil Davies
Phil Davies
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