JetsGO going going gone bankrupt

[C601]

They went Bankrupt at 12:00AM this morning stranding thousands.

Alot of spring breakers headed for Sunny FL ... pissed...

 

[bafanguy]

Quite a bit about it over on pprune. It's a shame. Michel Leblanc ( AKA Mike the White ) has ridden another airline or two into the dirt. He used use the word "reogranise" in a press release. It would be hard to imagine a leaner operation than he already had.


The pay isn't too great, got the airlanes pretty cheap, pilots paid for training and were reimbursed over a couple of years, they flew 100+ hard hours a month, there were no pesky unions to impede the implementation of his brilliant management plans. Hmmm, what ever could the problem be ?

They had a great bunch of very experienced, professional aviators in the infancy of the company and likely still do. They worked like dogs. I wish them well.

 

[fokkerjet]

Just a few more days...........

 

[GogglesPisano]

The pay isn't too great, got the airlanes pretty cheap, pilots paid for training and were reimbursed over a couple of years, they flew 100+ hard hours a month, there were no pesky unions to impede the implementation of his brilliant management plans. Hmmm, what ever could the problem be ?
QUOTE]

I'm sure some analyst will still blame it on high labor costs.

 

[millhouse21]

Hmmmmm, could this be a harbinger for GoJet?