Acquisition Resources

Silverjet, the UK-based airline entered administration recently, and has already attracted three potential buyers. Lawrence Hunt, chief executive, and Nigel Atkinson of administrator, Begbies Traynor, are in talks with all three possible investors. It is thought that Viceroy Holdings, the investment fund behind a failed refinancing deal with Silverjet, could be a bidder. There might also be an offer from a group of Silverjet's former managers who had recently left the airline.The airline was forced to suspend operations at the end of May because an emergency loan did not come through.