Jetsgo

Jetsgo Corporation was a Canadian low-cost carrier based in the Saint-Laurent area of Montreal. Jetsgo served 19 destinations across Canada, 10 destinations in the United States, and 12 scheduled weekend-charter destinations in the Caribbean. Jetsgo abruptly ended service and entered bankruptcy protection on March 11, 2005, leaving thousands of passengers stranded, right at the beginning of the busy March-break travel season. According to news outlets, the airline was still processing orders and taking payments for flights the very night before they claimed bankruptcy.

Soon after its demise, the company pledged to make a comeback as a charter-only airline, but on May 13, 2005, the airline officially declared bankruptcy, cancelled plans to relaunch service, and began the process of liquidation.

History

Jetsgo was launched on June 12, 2001 and ceased operations on March 11, 2005. The airline was Canada's third largest airline at the time with up to 10% of the domestic market. Expert analysts widely blame the airline itself for poor management. Founder Michel Leblanc had previously founded Royal Aviation, which he later sold to Canada 3000.