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Welcome to the deathpool, Silverjet

SilverJet enters the deep and dark deathpool:

All 420 workers at Silverjet, the troubled business-class airline, lost their jobs yesterday after an attempt to get the airline flying again collapsed.

A rescue deal for the airline had been suggested this week by Kingplace, an Irish shell company managed by Heritage, a Swiss investment group. However, talks broke down yesterday because of problems in raising sufficient cash to satisfy the Civil Aviation Authority (CAA), the regulator.


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