SIL Silverjet

RNS Number:0767J
Silverjet PLC
04 December 2007


4 December 2007


                          Silverjet plc ("Silverjet")

                               Operational update


Silverjet plc ("Silverjet"),

Silverjet plc ("Silverjet"), the British airline offering a private jet
experience at a fraction of the price, today announces that it has entered into
an agreement to acquire two further Boeing 767 Extended Range aircraft and
announces another record set of traffic statistics for November 2007.


New aircraft


Silverjet has secured two further Boeing 767 Extended Range aircraft from
Thomsonfly Limited for delivery in March 2008. The aircraft have been owned and
operated by Britannia Airways (now Thomsonfly) since new.

Both aircraft have the more powerful variant of General Electric CF6 engines,
enabling greater take off performance and therefore range allowing Silverjet to
operate on most long haul routes from its excellent base at London Luton
Airport.


These aircraft have an operational range of over 9,600 kilometres (6,000 miles)
from London Luton Airport, Silverjet's base. In addition to New York Newark and
Dubai, the aircraft will be capable of operating, for example, to Delhi,
Johannesburg, Mauritius, Shanghai and Los Angeles carrying 100 passengers.


In keeping with Silverjet's existing fleet, the new aircraft are fully certified
for Extended Twin Engined Operations ("ETOPS") to 180 minutes, meaning they can
fly on the shortest available route over stretches of water being 180 minutes
from the nearest diversion airport. This enables Silverjet to reduce flying
time, for example between London and New York by up to 45 minutes compared to
airlines without ETOPS, and significantly reduce fuel costs.


November 2007 Passenger and Traffic statistics

                                        1st-30th November 2007

Available seats                         13,500

Revenue seats(1)                        7,459

Load factor                             55.3%

On time departures(2)                   81.75%


(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.


The airline is pleased to announce another record set of passenger figures.


Silverjet's London Luton to Dubai service, which makes Silverjet the first
commercial airline to use Dubai's private executive terminal, launched
successfully on 18 November and figures for this route are included in the
traffic statistics. Yields and load factors on this route are already exceeding
expectations.


Lawrence Hunt, Chief Executive of Silverjet, said:


"We are delighted to have completed the purchase of two further high quality
long range aircraft on highly attractive terms relative to current aircraft
prices, and to have announced another record set of traffic statistics.


"Yields continue to strengthen which is further testament to the market
endorsement of our product. We are seeing very high numbers of repeat customers
and New York sales in November was the best month to date.


"The launch of our Dubai service has exceeded management's expectations and
feedback from customers and the media has been outstanding, in particular the
reaction to our private terminal experience and revolutionary 30 minute
check-in.


"Yields continue to strengthen and forward bookings remain strong. Despite the
well publicised economic uncertainty, we believe that Silverjet is well
positioned to take advantage of business travellers desire to reduce their
travel budgets. Silverjet's fares are from #999 return, representing a typical
50% discount off competitor business class fares.


"We are seeing an increasing number of enquiries from corporate customers and
registrations for our frequent traveller programme, the Silverjet Set,
introduced last month have exceeded 500 companies."


                                    - ends -

For further information, please contact:

Silverjet                                              020 7357 9477
Lawrence Hunt, Chief Executive

Hogarth Partnership Limited                            020 7357 9477
Fiona Noblet
Anthony Arthur

Arden Partners                                         020 7398 1638
Chris Fielding
Tom Fyson

Notes to Editors

-  Silverjet is the only British airline offering a private jet
experience at a fraction of the price, offering 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 a private terminal with
dedicated security facilities between London and New York.

-  Flat bed at one third of the market price - #1,099 standard return
fare compared with over #3,000 from competitors.

-  Two transatlantic services a day from London Luton Airport
departing at 10.00 and 16.45 and arriving at New York Newark Airport at 13.00
and 19.45 returning from New York Newark Airport at 19.30 and 21.45 and arriving
at London Luton Airport at 07.20 and 09.45 respectively (local times)

-  Silverjet's daily return service to Dubai from London Luton Airport
departs at 21.00 arriving in Dubai at 8.30 and leaves Dubai at 10.30 returning
to London Luton Airport at 14.45

-  The Silver Lounge is a private jet facility 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.

-  The Silverjet pre-flight experience includes:

   O       Seat selection - the ability to choose your seat online

   O       Specials - pre-ordered and special menu available on the 
           flysilverjet.com website

   O       All ground transportation needs, including chauffeur driven luxury 
           cars, valet parking, or complimentary station pick up

   O       The Silver Lounge - at both London Luton Airport and New York Newark
           Airport where customers check in and use on arrival

   O       Online Check In - the ability for customers to check in by web 24hrs
           ahead of their flight

-   The Silverjet in-flight experience includes:

   O       Only 100 award-winning flat beds on an aircraft that normally carries
           250 seats

   O       Quiet Zone - on night flights the plane is a designated Quite Zone to
           maximise sleep time. No serving trolleys, no frustrating and unnecessary
           announcements during the flight, removal of all overhead reading lights and 
           call bells, all food and beverages individually served, a late breakfast to 
           eat on board or take away

   O       Ladies only loo

   O       Silver Diner - a wide range of freshly prepared individually served
           gourmet meals

   O       Silver Screen - a state of the art, digital, personal in-flight
           entertainment system showing latest films, Silver classics and comedy 
           favourites and using noise reduction headsets

   O       Seat power for using laptops throughout the flight

   O       Spacious stowage for carry on baggage and hanging wardrobes

-   Silverjet's standard London New York return fare is #1,099.

-   Silverjet's standard London Dubai return fare is #1,099.

-   Silverjet intends to develop further low fare, all business class
services operating on additional long haul routes once existing routes have
become established and profitable.

-   Silverjet is the winner of the first Conde Nast Traveller Design
and Innovation Award for Aviation 2007, Environmentally Aware Airline 2007
awarded by the Institute of Transport Management (ITM) and Best Airline Website
2007 awarded by Travolution.


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

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