• Airlines

    Business Class Only Airline Grounded

    Silverjet, the U.K. airline which flew exclusively business class flights, is permanently grounded. It has run out of cash after it failed to secure $5 million in emergency funding, Bloomberg is reporting. Founded 16 months ago at the peak of the credit fueled financial boom, the airline fell victim to falling demand for trans-Atlantic business […]

    / May 30, 2008 at 10:35 AM
  • Airlines, bankruptcy, M&A, US Airways

    Deal of the Day: Uncovering Hidden Delta-US Air Synergies

    We’ve been running through our financial models here in DealBreaker HQ. Okay. Not really. We’ve been doodling on cocktail napkins at Harry’s while we enjoy our liquid lunch. But we’ve none the less managed to uncover one potentially valuable and unreported synergy in the Delta-US Airways merger. The two airlines have three recent bankruptcies between […]

    / Nov 15, 2006 at 2:03 PM

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