Jetsgo adds in its filing: In view of the fact that fares in the marketplace are at well below cost, there is currently no viable opportunity for a profitable [Jetsgo] business despite its low cost.
Announcement
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No announcement yet.
Jetsgo Ceases Operations
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Wow... it's all WestJet's fault... the blame couldn't possibly lie with the moron who drove two previous airlines he had control over into the ground, now could it?
Perhaps WestJet will pipe up and blame Jetsgo for contributing to it's first reported loss in over 8 years of profitability...
Perhaps AC will pipe up and blame Jetsgo for further inciting fare wars and taking them into bankruptcy?
It's easy to point fingers without looking in the mirror first... taking stabs at WestJet on the way out isn't going to change the fact that 17,000 passengers are stranded out there and 1,300+ people are out of work.
What a lame airline Jetsgo was, is, and always will be remembered as.
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So does anyone think that it is possible for Jetsgo to come out of this...alive. I mean, lets say they win 50 million or something ans smarten up with the saftey, is it possible? Personaly I don't think anyone would want to fly them because of all the bad media attention this is getting. But you never know what Jetsgo has up their sleves!Thanks,
Michael
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Originally posted by yyz-yvrSo does anyone think that it is possible for Jetsgo to come out of this...alive. I mean, lets say they win 50 million or something ans smarten up with the saftey, is it possible? Personaly I don't think anyone would want to fly them because of all the bad media attention this is getting. But you never know what Jetsgo has up their sleves!
but the question is will they start flying again even though they said "we can't remain profitable with ticket prices below cost?"
they are gone for good imo
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Originally posted by Da-BoBit would be pure luck if they got back flying... who would fly them with their hurt reputaion?
but the question is will they start flying again even though they said "we can't remain profitable with ticket prices below cost?"
they are gone for good imo-Kevin
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Originally posted by CanVoodooAny further submissions?
Jetsgrounded
Originally posted by yyz-yvrYou can't watch T.V without hearing the word "Jetsgo" or "Jetsgone". Global news put the logo up on the screen and then made it a sad face. It is sad... but the sad there thinking and my sad are different.
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My 2 cents here.
It was inevitable. Too bad for the employees. I flew Jetsgo to T.O. last October and it was a nice flight. Very basic service. I'm sure the employees knew the writing on the wall on this one. Still, when a company goes out of buisness it is not good.
For yyz-yvr, I'm sorry to hear that your grandparents have to find another way to fly and loose their tickets.
BTW, does anybody in the forum think another new upstart outfit will try to emerge out of this to take a stab at Westjet and AC or is it truly the end of any cutthroat low fare outfits here in Canada?
My feeling is that it would be very difficult to combat an emerging Air Canada and Westjet now. These two would have to creep up their prices before any newcomer comes along and nips at their heels.
Oh well another chapter gone in Canadian aviation history.Happiness is flying at FL400 and over 1000kmh
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btw: My grandparents are really lucky compared to many people. They got one way out of it and they were booked to come back on April 30th. So they have lots of time to find another way to get home and for three people (the 2 of them & a friend) it was $800 roundtrip w/taxes. So those people who lost thousands of dollars...those are the ones that I really do feel sorry for.Thanks,
Michael
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^True enough my friend.
Imagine thousands of dollars out. I can just imagine when I flew with my family to visit my brother in Toronto (actually Oakville) last October and stepping into YVR and getting this notice OR being dropped off at YYZ this day and getting the notice. Pull out the plastic fantastic and rack it up baby! It's gonna be an expensive ride home.
Sad!Happiness is flying at FL400 and over 1000kmh
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