CEO: Jetsgo Struggling but not Going Bankrupt
CFRA Staff
Tuesday, February 1, 2005
Jetsgo’s top boss admits the airline’s not making any money.
CEO Michael Leblanc says they’re carrying plenty of passengers but is struggling financially. However, Leblanc dismissed reports that Jetsgo is on the verge of bankruptcy.
Leblanc says other Canadian airlines like Westjet and Air Canada are also failing to make money.