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Silverjet represents strike three for all-business-class model

Unable to secure critical funds from UAE-based investment group Viceroy Holdings, all-business-class carrier Silverjet shut down Friday, following Eos Airlines and MAXjet Airways into the history books. Silverjet's last flight was a Dubai-London Luton service that departed Friday morning. "Regrettably, due to unforeseen circumstances, [our potential investors] were unable to unlock the finance that we needed," CEO Lawrence Hunt wrote in a letter posted on the airline's website. It had been ...

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