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EUJet future in doubt?

featured in News & reviews Author Ellie Mahoney, Chamonix Editor Updated

The future of EUjet, the low cost airline flying from Shannon and Kent International airport to and from Geneva has been called into question.

Planestation, which owns and operates Kent International Airport and a number of other airports in Europe and Florida, announced it needed to raise £22m to fund EUjet, causing share value in the airline to drop from over 40p to 17.5p at the end of last week. Planestation owns a 30% stake in EUjet.