July 25th, 2005
Shares suspended in EUjet parent
Shares were suspended today for the PlaneStation Group, parent company of EUjet. It is believed that the reason for this suspension is their inability to secure additional funding required for EUjet.
PlaneStation were already forced to sell their 75% stake in the Kent International Business Park (in Manston) in order to raise additional finance.
At present, the future of EUjet is unknown, however flights today appear to be operating.