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Lawrence Hunt, CEO of Silverjet

The rise in the price of oil is catastrophic news for the aviation industry. Stephen Sackur talks to Lawrence Hunt, the founder and chief executive of start up airline Silverjet.

The seemingly unstoppable rise in the price of oil is bad news for the world economy and is catastrophic news for the aviation industry. Jet fuel has almost doubled in price in the last year. Stephen Sackur talks to Lawrence Hunt, the founder and chief executive of start up airline Silverjet, which ran out of cash and was grounded for good just a couple of months ago.

30 minutes

Last on

Wed 23 Jul 2008 01:30GMT

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