Way OT: Something's going wrong at JetsGo

Old Mar 10, 05, 11:07 pm
  #1  
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Way OT: Something's going wrong at JetsGo

I don't know why Jetsgo is ferrying almost its entire fleet of F100 (except the one at Prince George now) all the way to YQB. Flytecomm.com shows 10 F100's have been or are on their way to YQB from all over the east coast. Two MD83's that were supposed to overnight in YWG and YYT and ferried back to YYZ right now. Anyone that has more information please post. Hopefully this is not the end though.
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Old Mar 10, 05, 11:23 pm
  #2  
 
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Jets Go is gone!

Jetsgo Ceases Operations
MONTREAL, March 11 /CNW/ - Jetsgo Corporation announced today that it is
ceasing all operations effective immediately.
Passengers are advised to make alternative travel arrangements prior to
going to the airport as there will be no Jetsgo staff or aircraft available.
Travellers seeking to return to their point of origin must make alternative
arrangements with other airlines or with their travel agent or tour operator.
Jetsgo will be asking that the Quebec Superior Court immediately grant it
protection under the Companies' Creditors Arrangement Act. Court protection
will allow Jetsgo to consider all options available to reorganize its affairs.
Given difficult market conditions resulting from competitive pressures in
the Canadian airline industry, Jetsgo has determined that, in the
circumstances, it is prudent and responsible to discontinue its operations and
ground all of its planes.
Michel Leblanc, President of Jetsgo, said: "We deeply regret that this
had to happen. The decision to cease operations was only taken after difficult
deliberation. We are very concerned about our customers and the significant
hardship that this action causes. In the meantime, we encourage our passengers
to contact their travel agent or an alternative airline."
Jetsgo intends to keep its stakeholders, including its employees and
customers, informed of the development of its restructuring process.
Information and Court filed documents regarding the CCAA proceedings will be
available on Jetsgo's website at www.jetsgo.net as well as on RSM Richter
Inc.'s website at www.rsmrichter.com and will regularly be updated.
Information may also be obtained by communicating with RSM Richter Inc. by
telephone at 1-800-246-1125.
If you are a customer of Jetsgo and have paid for a flight that is no
longer scheduled, you may wish to communicate with the Canadian Transportation
Agency: by telephone, 1-888-222-2592, by fax, 1-819-953-5686 or on its website
at www.cta.gc.ca, or the appropriate provincial authority:
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Old Mar 10, 05, 11:27 pm
  #3  
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Wow. But are we surprised?
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Old Mar 10, 05, 11:30 pm
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Feel free to give them money still, as their website is still accepting bookings
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Old Mar 10, 05, 11:31 pm
  #5  
 
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Originally Posted by cedric
Feel free to give them money still, as their website is still accepting bookings
As Mr. T once said "I Pity the Fool"
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Old Mar 10, 05, 11:31 pm
  #6  
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So is that 3 strikes you are out for Leblanc now?
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Old Mar 10, 05, 11:36 pm
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Nothing on Newsnet yet. Wonder if western feeds of CTV news will mention.

ETA: There goes a lot of people's March break plans.

Last edited by cedric; Mar 10, 05 at 11:40 pm
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Old Mar 10, 05, 11:41 pm
  #8  
 
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CBC has picked up the story already:

http://www.cbc.ca/story/canada/natio...go-050310.html

Mike
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Old Mar 10, 05, 11:47 pm
  #9  
 
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Begin Stupid Questions: What will happen to my 2000 Jetsmiles?

FYI Jetsgo isn't "gone"; from the way I read it, they are simply ceasing operations in order to restructure.
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Old Mar 10, 05, 11:51 pm
  #10  
 
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Originally Posted by cedric
ETA: There goes a lot of people's March break plans.
For good PR , perhaps AC ,WJA and Canjet should honour the worthless tickets through the weekend. I guess there are some happy people in Montreal , Calgary , and Halifax. It will be interesting to see if the remaining airlines yeilds improve?
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Old Mar 10, 05, 11:51 pm
  #11  
 
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Press release went out 15 mns ago...

http://www.newswire.ca/en/releases/a.../11/c3606.html

Jetsgo Ceases Operations
MONTREAL, March 11 /CNW/ - Jetsgo Corporation announced today that it is
ceasing all operations effective immediately.
Passengers are advised to make alternative travel arrangements prior to
going to the airport as there will be no Jetsgo staff or aircraft available.
Travellers seeking to return to their point of origin must make alternative
arrangements with other airlines or with their travel agent or tour operator.
Jetsgo will be asking that the Quebec Superior Court immediately grant it
protection under the Companies' Creditors Arrangement Act. Court protection
will allow Jetsgo to consider all options available to reorganize its affairs.
Given difficult market conditions resulting from competitive pressures in
the Canadian airline industry, Jetsgo has determined that, in the
circumstances, it is prudent and responsible to discontinue its operations and
ground all of its planes.
Michel Leblanc, President of Jetsgo, said: "We deeply regret that this
had to happen. The decision to cease operations was only taken after difficult
deliberation. We are very concerned about our customers and the significant
hardship that this action causes. In the meantime, we encourage our passengers
to contact their travel agent or an alternative airline."
Jetsgo intends to keep its stakeholders, including its employees and
customers, informed of the development of its restructuring process.
Information and Court filed documents regarding the CCAA proceedings will be
available on Jetsgo's website at www.jetsgo.net as well as on RSM Richter
Inc.'s website at www.rsmrichter.com and will regularly be updated.
Information may also be obtained by communicating with RSM Richter Inc. by
telephone at 1-800-246-1125.
If you are a customer of Jetsgo and have paid for a flight that is no
longer scheduled, you may wish to communicate with the Canadian Transportation
Agency: by telephone, 1-888-222-2592, by fax, 1-819-953-5686 or on its website
at www.cta.gc.ca, or the appropriate provincial authority:

- Ontario: The Travel Industry Council of Ontario (TICO)
Tel.: (905) 624-6241 /Toll-free: 1-888-451-TICO

- Quebec: Office de la protection du consommateur,
Gouvernement du Québec
Tel.: 1-888-672-2556

- British Columbia: Business Practices and Consumer Protection Authority
Tel.: (604) 320-1667; Toll-free number: 1-888-564-9963

- Alberta: Alberta Government Services Tel.: (780) 427-4088;
1-877-427-4088 toll-free number in Alberta only

- Manitoba: Consumer and Corporate Affairs, Consumers' Bureau
Tel.: (204) 945-3800; 1-800-782-0067 toll-free within Manitoba

- Saskatchewan: Saskatchewan Justice, Consumer Protection Branch
Tel.: (306) 787-5550; 1-888-374-4636 toll-free number in Saskatchewan

- New Brunswick: Department of Justice - Consumer Affairs Branch,
Provincial Government Tel.: (506) 453-2659

- Nova Scotia: Business & Consumer Services, Consumer Complaints
Tel.: (902) 424-5531

- Prince Edward Island: Department of Consumer and Corporate Services
Tel.: (902) 368-5653

- Newfoundland and Labrador: Consumer Affairs Officer, Department of
Government Services and Lands
Tel.: (709) 729-2623
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Old Mar 10, 05, 11:54 pm
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Just imagine all those who didn't read the news and head to airport today. What a nightmare.
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Old Mar 10, 05, 11:55 pm
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Originally Posted by Q Shoe Guy
For good PR , perhaps AC ,WJA and Canjet should honour the worthless tickets through the weekend. I guess there are some happy people in Montreal , Calgary , and Halifax. It will be interesting to see if the remaining airlines yeilds improve?
I don't expect that many seats are available, given the break.
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Old Mar 10, 05, 11:56 pm
  #14  
 
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Originally Posted by cedric
Begin Stupid Questions: What will happen to my 2000 Jetsmiles?

FYI Jetsgo isn't "gone"; from the way I read it, they are simply ceasing operations in order to restructure.
Did AC cease operations to restructure ?

I wouldn't worry about ML , he has his bases covered. Feel bad for the pilots and the $30,000 bonds , the 1000's of former employees and suppliers.
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Old Mar 10, 05, 11:56 pm
  #15  
 
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Originally Posted by NickP 1K
Press release went out 15 mns ago...
Any particular reason that you missed the same press release in post 2 of this thread?
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