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SIL Silverjet

13.50
0.00 (0.00%)
Last Updated: 01:00:00
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Silverjet LSE:SIL London Ordinary Share GB00B1443S31 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 13.50 0.00 01:00:00
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
0 0 N/A 0

February Traffic Stats

03/03/2008 7:03am

UK Regulatory


RNS Number:1535P
Silverjet PLC
03 March 2008


3 March 2008


                                 Silverjet plc

                 February 2008 Passenger and Traffic statistics

                             Most Punctual Airline


Silverjet plc ("Silverjet"), the British airline offering a private jet
experience at a fraction of the price, today announces another record set of
passenger and traffic statistics for February 2008.

                                                              1-29 February 2008
Available seats                                                         13,800
Revenue seats(1)                                                         8,829
Load factor                                                                 64%
On time departures(2)                                                       87%

(1) 'Revenue seats' represents the number of seats generating commercial revenue
and also passengers on non-refundable tickets that have not flown.

(2) 'On time' is defined as departure within 15 minutes of scheduled departure
time.


Lawrence Hunt, Chief Executive of Silverjet, said:

"We are delighted to announce another record month of passenger statistics, with
our load factor up 10% from January. This is particularly encouraging given the
shorter month and February half-term.

"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.

"We are delighted to report that Silverjet is the most punctual airline on both
our London to New York and London to Dubai services. Official data published by
the Civil Aviation Authority this week confirms that Silverjet, for the third
consecutive month in a row, is the top on time performer on the London to New
York route and the top performer on London to Dubai for the second month in a
row, which is extremely gratifying after only two months of operation. For the
year as a whole, Silverjet was the top UK carrier flying from London to New
York. We are very proud of this excellent performance which demonstrates our
focus on service delivery. We look forward to maintaining our pole position
throughout 2008."

"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."


                                    - ends -



For further information, please contact:

Silverjet                                              020 7357 9477
Lawrence Hunt, Chief Executive

Hogarth Partnership Limited                            020 7357 9477
Fiona Noblet
Sarah Richardson

Arden Partners                                         020 7398 1638
Chris Fielding
Tom Fyson



Notes to Editors

1     Silverjet offers 6 foot 3 inch long inclined flat beds, high quality
      catering, personalised entertainment and reduced check-in times (30 
      minutes with only carry-on baggage) from private terminals at London Luton
      to New York Newark and Dubai.

2     Incline flat bed at one third of the market price - £1,099 standard return
      fare compared with over £3,000 from competitors.

3     Daily London Luton to New York Newark flights (local time):

         * Departs LTN at 10.00 arrives 13.00

         * Departs LTN at 16.45 arrives 19.45

         * Departs EWR at 19.30 arrives 07.20

         * Departs EWR at 21.45 arrives 09.45

4     Daily flights London Luton to Dubai (local time):

         * Departs LTN at 21.00 arrives 08.30

         * Departs DXB at 10.30 arrives 14.45

5     The Silver Lounge is a private terminal at London Luton Airport, opposite
      the main terminal building, with dedicated security enabling customers 
      with only carry-on baggage to arrive 30 minutes before departure (45 
      minutes for customers with baggage to check in). At New York Newark 
      Airport, the unique Silver Lounge offering exclusive check in and lounge 
      facilities is separate from the main terminal areas. Silverjet flies into 
      Dubai's executive terminal.

6     Silverjet's standard London New York and Dubai return fare is £1,099.

7     Silverjet is the winner of the Sunday Times Award for Best Airline 2007,
      two Conde Nast Traveller Awards in 2007, one for Favourite Business Class 
      Only Airline and one for Design and Innovation and Best Airline Website 
      2007 awarded by Travolution.



                      This information is provided by RNS
            The company news service from the London Stock Exchange

END
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