Non-Exec Director Appointed
23 Enero 2008 - 1:01AM
UK Regulatory
RNS Number:3189M
Silverjet PLC
23 January 2008
23 January 2008
Silverjet plc ("Silverjet")
Appointment of Non-Executive Director
Silverjet plc ("Silverjet"), the British airline offering a private jet
experience at a fraction of the price, today announces the appointment of Mr
Amir Eilon as a Non-Executive Director.
Amir, 59, was previously a Non-Executive Director at easyJet from 1998 to 2006,
a period of major growth for the low cost airline during which he undertook a
key role in the airlines acquisition of Go and the securing of an option to
acquire Deutsche BA. He is also currently a Non-Executive Director of MK
Airlines, a cargo airline. Amir's other directorships and former directorships
in the past five years are set out below.
Amir also joins Silverjet with a wealth of experience in Investment Banking. His
finance experience includes CSFB Private Equity, from 1998 to 1999, where he was
jointly responsible for a US$600 m private equity fund, BZW from 1990 to 1998,
where he was Head of Global Capital Markets and Morgan Stanley from 1985 to
1990, where he was responsible for International Equity Markets.
Disclosures required in respect of Amir under paragraph (g) of Schedule 2 to the
AIM Rules are set out below.
Lawrence Hunt, Chief Executive of Silverjet, said:
"We are delighted to welcome Amir to the Board of Silverjet. He has a wealth of
experience in the aviation and in particular low cost airline sector, and his
experience of low cost airlines will be very valuable to us. In addition, Amir's
investment banking and strong finance background will be a great asset to the
business. We look forward to the contribution that Amir will make at Silverjet."
- 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:
- Seat selection - the ability to choose your seat online
- Specials - pre-ordered and special menu available on the flysilverjet.com
website
- All ground transportation needs, including chauffeur driven luxury cars,
valet parking, or complimentary station pick up
- The Silver Lounge - at both London Luton Airport and New York Newark
Airport where customers check in and use on arrival
- Online Check In - the ability for customers to check in by web 24hrs
ahead of their flight
* The Silverjet in-flight experience includes:
- Only 100 award-winning flat beds on an aircraft that normally carries
250 seats
- 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
- Ladies only loo
- Silver Diner - a wide range of freshly prepared individually served
gourmet meals
- 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
- Seat power for using laptops throughout the flight
- 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.
Disclosures in respect of Amir Eilon under paragraph (g) of Schedule 2 to the
AIM Rules
1. Other current directorships
EILON & ASSOCIATES LIMITED
TIDAL ELECTRIC SWANSEA BAY LIMITED
SPRING GROUP PLC
JACKSON AVIATION LIMITED
2. Past directorships in the last five years
NORTH SQUARE PROPERTIES (WIGAN) LIMITED
2244 ROTUNDA LIMITED
EASYCAR (UK) LIMITED
EASYINTERNETCAFE LIMITED
EASYCINEMA LIMITED
EASYINTERNETCAFE (HOLDINGS) LIMITED
EASYBANK LIMITED
EASYDOTCOM (UK) LIMITED
EASYDOTCOM LIMITED
EASY GROUP (UK) LIMITED
EASYGROUP IP LICENSING LIMITED
XYZMONEY (HOLDINGS) LIMITED
XYZMONEY (UK) LIMITED
XYZ MONEY CREDITCARD LIMITED
EASYINTERNETCAFE (FRANCHISING) LIMITED
XYZ VALUE (HOLDINGS) LIMITED
XYZ VALUE LIMITED
XYZ VALUE IFA LIMITED
EASYCAR LIMITED
FLAMINGO HOLDINGS LIMITED
3. In June 1999 the UK Securities and Futures Authority ("SFA") settled
disciplinary proceedings against Amir Eilon and Barclays de Zoete Wedd
Securities Limited ("BZWS") brought in relation to a breach of its rules by
fining them �10,000 and �100,000 respectively and requiring them to pay its
costs. The breach occurred whilst Amir Eilon was working as co-Head of the
Equity Capital Markets team at BZWS acting as the senior person on the flotation
of a client on the London Stock Exchange when he procured that BZWS sold shares
it held in the client company in order to stabilise the market price in the
incorrect belief that such action was permitted under the SFA's stabilisation
rules. The SFA publicly acknowledged that both Amir Eilon and BZWS co-operated
fully with its investigation. The SFA subsequently granted Amir Eilon
authorisation under its regulatory framework to start Eilon & Associates, a
corporate finance advisory company.
4. Amir Eilon was until 2 May 2000 a Director of Vine Telecom Holdings
Limited, Vine Telecom Limited and Vine Telecom Networks Limited, which were
placed into a creditors' voluntary arrangement on 23 April 2001.
5. No further information is required to be disclosed in respect of Amir
Eilon pursuant to paragraph (g) of Schedule 2 to the AIM Rules.
This information is provided by RNS
The company news service from the London Stock Exchange
END
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