News: Business as usual at Maxjet despite share shock

Flights > News > # 1625 (13/12/2007)

Business class-only airline Maxjet has moved to reassure customers that it is "business as usual" after it halted trading of its stock.
Last week the company asked the London Stock Exchange's Alternative Investment Market to suspend trading of its stock "pending clarification of its financial position".
However, it has issued a statement affirming that it is operating all flights as usual "and has no plans to change its schedule". It operates 34 direct flights between London Stansted and the US each week, to New York JFK, Las Vegas and Los Angeles.
Bill Stockbridge, the company's chief executive and president, said: "We thank our customers for their loyalty. Our advance bookings remain strong and our flight performance has been stellar.
"Maxjet customers know great value when they see it, and our business class offers a unique combination of comfort and price. We look forward to serving our customers during the busy Christmas season, in 2008 and beyond."
Maxjet is in competition with rival all-business airlines Silverjet and EOS, as well as traditional carriers such as British Airways and Virgin Atlantic.