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JetBird secures funding

4 December 2007

JetBird announced on Monday it had secured Euros 21 million of new funding. The placement was underwritten by Claret Capital, the private equity vehicle belonging to Domhnal Slattery.

A number of "prominent Irish names" are amongst the backers and the new head of finance, Carsten Dettmar, was also announced, he joins from low-cost carrier Air Berlin.

JetBird has 25 Embraer Phenom 100s on order and is set to start operations in April 2009.

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