Fly First Falls Short of Target for Take-Off

Summary


HAMISH Taylor, the former Eurotunnel and British Airways executive, has been forced to extend the funding deadline for his planned business class-only airline after failing to raise the required GBP 23.5m by Friday's deadline.

Taylor said his Fly First venture was short of several million pounds at the end of last week, when the funding package was meant to be complete. A final deadline of June 24 has now been set.

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Extract


Fly First Falls Short of Target for Take-Off

Taylor, whose plans were first revealed in Scotland on Sunday, said: "We have a gap and the gap is several million, so we are just going to ke...

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