The business class airline Silverjet is facing crisis from lack of investment and soaring oil prices. The group is yet to receive a 12.7 million pound sum from a Middle Eastern Investor. As a result, company shares have plummeted and the troubled airline has called out to Viceroy Holdings for a 2.5 million pound loan to keep them afloat amidst rising oil prices (US$130 a barrel).
For the full article from BBC News, please see here.
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