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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

Traffic Statistics

06/05/2008 8:02am

UK Regulatory


RNS Number:7222T
Silverjet PLC
06 May 2008


6 May 2008

                                 Silverjet plc

                  April 2008 Passenger and Traffic statistics

Silverjet plc ("Silverjet"), the British exclusively business class airline,
today announces its passenger and traffic statistics for April 2008.

                                                                 1-30 April 2008

Available seats                                                         15,900
Revenue seats(1)                                                        10,594
Load factor                                                                 67%
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 pleased to announce another good set of passenger statistics. Forward
bookings are particularly strong; yields have been growing steadily and averaged
over #600 last week. In light of these statistics, the Board anticipates that
Revenue Seats, Revenue Load Factor and yield will all show further improvement
in May.

"We continue to see a strong trend of repeat bookers. Over 25% of all Silverjet
customers have flown with us before and we now have over 2000 corporates signed
up for our customer loyalty programme, the Silverjet Set. In addition, for the
third month in a row we topped the Civil Aviation Authority leader board for
on-time departure for both our Dubai and New York routes.

"We are delighted to confirm that we have now entered into a subscription
agreement and loan facility with the Viceroy Fund. This investment gives the
Board great confidence in the future development of Silverjet."

                               -          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.


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

END
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