Goldman Sachs mulls biz airline investment

25th Jun 2007

Goldman Sachs Group Inc. (GS) is considering investing in a business-class only airline after deciding to cash in on a boom in executive travel underpinned by its own jet-setting bankers, The Guardian reports Monday, without citing sources. The paper said it understood the bank’s private equity arm has approached airline executives with a view to setting up a first-class carrier, following other recent ventures such as Eos and MaxJet.

Its buyout division also held informal talks with Silverjet PLC, Luton’s executive airline, about an investment but no deal was reached, the paper said.


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