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Jetsgo

Jetsgo
JetsgoLogo.png
IATA ICAO Callsign
SG JGO JETSGO
Founded 2001
Ceased operations 2005
Hubs Montréal-Pierre Elliott Trudeau International Airport
Toronto Pearson International Airport
Frequent-flyer program JetSmiles
Fleet size 29
Destinations 41
Company slogan Pay a little. Fly a lot.
Headquarters Montreal, Quebec
Key people Michel Leblanc (CEO)
Website Jetsgo.net

Jetsgo Corporation was a Canadian low-cost carrier based in the Saint-Laurent area of Montreal. Jetsgo served 19 destinations across Canada, 10 destinations in the United States, and 12 scheduled weekend-charter destinations in the Caribbean. At the time the third-largest carrier in the country, Jetsgo abruptly ended service and entered bankruptcy protection on March 11, 2005, leaving thousands of passengers stranded at the beginning of the busy March-break travel season. According to news outlets, the airline was processing orders and taking payments for flights the night before they claimed bankruptcy and ceased operations.

Soon after its demise, the company pledged to make a comeback as a charter-only airline. But on May 13, 2005, the airline officially declared bankruptcy, cancelled plans to relaunch service, and began the process of liquidation.

Jetsgo was launched on June 12, 2001 and ceased operations on March 11, 2005. The airline was Canada's third-largest airline at the time, controlling up to 10% of the domestic market. Expert analysts widely blame the airline for poor management. Founder Michel Leblanc had previously founded Royal Aviation, which he later sold to Canada 3000.

On March 11, 2005, Jetsgo abruptly announced that it had ceased operations. The action stranded thousands of passengers in airports and at their travel destinations with no way home, the defunct airline having made no arrangements with other carriers to handle their passengers. This occurred on the Friday morning before the March Break holiday season, one of the busiest air travel days in 8 of 10 provinces.

1200 employees lost their jobs. Jetsgo had accumulated $55 million in debt in the last eight months before it closed. Employees were finally paid for the time prior to the airline's shutdown on March 14, 2005. Passengers who had purchased Jetsgo tickets were forced to apply for refunds through their credit card companies or travel agencies. Air Canada and WestJet ran additional flights to bring the stranded passengers home.

Because of its abrupt shutdown, the Jetsgo name was frequently corrupted to "Jetsgone" in some media reports. , and Passenger Satoshi Takano also used this term for a a website which he created for former employees. It operated under that name for some time after the company's demise.


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