Silverjet has suspended trading of their share on the AIM. Was it just a matter of time?

We’ve already scene the toll that rising fuel costs and struggling economies can have on business class travel. All-business class carriers MAXJet and eos have already vanished from the commerical air travel scene, and now Silverjet is facing the same problems that grounded those two airlines.

Joe Sharkey posted a copy of a Silverjet release today stating “Silverjet has requested, and the London Stock Exchange has confirmed, an immediate suspension in the trading of the ordinary shares of the Company on the AIM market of the London Stock Exchange.”

Silverjet will continue service, but the question becomes, for how long? Are promised investments going to come through, and will they be enough to keep the airline aloft? That remains to be seen.

Please visit our First Class Travel blog for the complete story on Silverjet’s latest announcement.

This has been a big year for FareCompare, but we couldn’t have done it without you. You took advantage of our Free Airfare Email Alerts, discovered how good they are, and spread the word.

And I like to think we helped you in turn, by finding you the best of the cheap airfare sales, day-in and day-out.

But let me tell you how we’ve grown over the year (and this will include stories about our Top 10 Lists, ABC’s “20/20″ show, some weird myth-busting, and even Playboy).

A couple of weeks ago most of the day at Dallas/Ft. Worth Airport with a crew and producer from 20/20 chatting about a variety of travel myths.

The premise was myths in the form of a true/false quiz (they posted on their site early last week with the answers from the interview now).

We also posted a page on the site with further explanation on the air travel myths topics.

The video for the segment is posted (click more to the right) and take a look at our new “First Class Airline Ticket” blog for more details on discounted first class airfare…