Comments on: Silverjet Suspends Share Trading: Can Business Class Carriers Survive? http://rickseaney.com/2008/05/23/silverjet-suspends-share-trading-can-business-class-carriers-survive/ Fri, 05 Dec 2008 01:01:35 GMT http://wordpress.org/?v=2.6.3 By: beatofhawaii.com http://rickseaney.com/2008/05/23/silverjet-suspends-share-trading-can-business-class-carriers-survive/#comment-13591 beatofhawaii.com Fri, 23 May 2008 20:00:23 +0000 http://rickseaney.com/2008/05/23/silverjet-suspends-share-trading-can-business-class-carriers-survive/#comment-13591 Rick, We knew nearly 6 months ago that they were in severe trouble, and would likely fail, even when oil was a lot less than today. While Silverjet repeatedly denied it, it was thought that their expenses were running twice their revenues. The $2400 round trip fares, held in place by competition from AA, could not sustain them. They would have needed to lower fares further to gain riders, and that is no win. Aloha, http://beatofhawaii.com Jeff Tucker Beat of Hawaii and Beyond Rick,

We knew nearly 6 months ago that they were in severe trouble, and would likely fail, even when oil was a lot less than today.

While Silverjet repeatedly denied it, it was thought that their expenses were running twice their revenues. The $2400 round trip fares, held in place by competition from AA, could not sustain them. They would have needed to lower fares further to gain riders, and that is no win.

Aloha, http://beatofhawaii.com
Jeff Tucker
Beat of Hawaii and Beyond

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