News: EU Jet Shares Suspended

Flights > News > # 507 (25/07/2005)

Plane Station Group, parent company of budget airline EU Jet, have suspended trading of their shares this morning.

Whilst they are currently advising customers that EU Jet flights will continue as normal, the reason for the withdrawal of these shares from the market has been stated as a "sudden drop in the share price, and the witholding of further funding from investment banks".

 

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    • Comment:

    At this stage, the exact future of EU Jet is unclear, but the phrase "Caveat Emptor" (buyer beware) springs to mind.

    Passengers who have already booked flights with EU Jet would appear to be ok at the moment, but as always, make sure you have a

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