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Jetsgo no more (Read 152 times)

Mar 11^th, 2005 at 6:59pm

StrutterGunner Offline
Colonel

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Posts: 27

Well, Canadian carrier Jetsgo went belly up this morning, stranding a few thousand people at least. Unfortunate, a friend of mine is one of the senior pilots at Jetsgo..looks like he's out of a job now. Yet another example of the volitility of todays airline business...

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Reply #1 - Mar 11^th, 2005 at 7:33pm

Nexus Offline
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The greater of two evils...

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Posts: 3282

Didn't Zip go bankrupt not too long ago aswell?
Quite the blow to Canadian LCC's Sad

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Reply #2 - Mar 11^th, 2005 at 9:51pm

chomp_rock Offline
Colonel
I must confess, I was
born at a very early
age.

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Oh well, expect to see more of this in the future, with oil prices rising and increased competition among LCCs some airlines will not last much longer.

AMD Athlon 64 3700+&&GeForce FX5200 256Mb&&1GB DDR400 DC&&Seagate 500Gb SATA-300 HDD&&Windows XP Professional X64 Edition&&&&That's right, I'm now using an AMD! I decided to give them another try and they kicked the pants off of my P4 3.4!

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Reply #3 - Mar 12^th, 2005 at 9:12pm

Saratoga Offline
Colonel
757/767 Captain Major,
USAF
Dallas-Ft. Worth Intl. (KDFW)

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Posts: 571

Yep. A lot of the majors have enough money they can just keep throwing in to keep ticking. It's much easier for the small airlines to just throw in the towel though.

Pilot for a major US airline certified in the: EMB-120, CRJ, 727, 737, 757, 767, and A-320 and military, T-38, C-130, C-141, and C-5 along with misc. other small airplanes. Any questions, I'm here for you.

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