Silverjet reported £11.8 million ($24.4 million) in passenger revenue in the six months ended Sept. 30, its first full fiscal semester since launching operations in January. The all-business-class carrier launched a second daily London Luton-Newark service during the period. It also announced a proposed placing of £12 million and a proposed convertible loan of £10 million from TFB Ltd. It said it will use the proceeds to expand its arrival facilities at LTN, conclude the ...

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