Traffic Statistics

RNS Number:3581R
Silverjet PLC
02 April 2008


2 April 2008

                                 Silverjet plc

                  March 2008 Passenger and Traffic statistics

                       23% increase in passenger numbers


Silverjet plc ("Silverjet"), the British exclusively business class only
airline, today announces another record set of passenger and traffic statistics
for March 2008.

                           1-31 March 2008
Available seats            16,800
Revenue seats(1)           10,885
Load factor                65%
On time departures(2)      81%

(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 report another record month of passenger statistics with
all three of our daily flights increasing again. March gave us our highest ever
monthly revenues having achieved over 10,000 revenue seats for the first time.
In addition passenger numbers grew by 23% over February despite an early Easter
falling during the month, a traditionally quieter period for business
travellers.

"Whilst the economic climate is very challenging for all airlines, Silverjet's
fares at up to 50% discount to legacy airlines business class fares are
attracting an increasing number of corporate customers.

"Although Silverjet didn't generate an operating profit and was not cash
generative in March, excluding the discontinued Flyjet operations it did record
both the largest ever gross profit and the smallest operating loss since we
started flying multiple aircraft, despite a further material increase in our
fuel costs. This is solid progress towards our objective of becoming profitable
as quickly as possible in a difficult market."

                               - 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

   * 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 London Luton to New York Newark and Dubai.

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

   * Daily London Luton to New York Newark flights (local time):
        - Departs LTN at 10.00 arrives 13.00
        - Departs LTN at 18.00 arrives 21.00*
        - Departs EWR at 19.30 arrives 07.40
        - Departs EWR at 22.30 arrives 10.40*

   * Daily flights London Luton to Dubai (local time):
        - Departs LTN at 21.55 arrives 08.30
        - Departs DXB at 10.30 arrives 15.45

   * 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.

   * 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.

* As a response to feedback from Silverjet's business and leisure travellers,
the 105 will now depart at 18:00 and the 106 at 22:30







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