JetsGo Scumbags (Canadian Discount Airline gone under)
#21
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
I think Jetsgo bought some of the planes.
Apparently the CEO of Jetsgo was the CEO of Canada3000.
Get this....his business plan was to fly inefficient planes (fuel-wise) and
minimize maintenance (boom..what was that!).
After fuel prices went way up they started losing...something like 58million
in the last 6months.
Now, 58million is a LOT in Canada!
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
Apparently the CEO of Jetsgo was the CEO of Canada3000.
Get this....his business plan was to fly inefficient planes (fuel-wise) and
minimize maintenance (boom..what was that!).
After fuel prices went way up they started losing...something like 58million
in the last 6months.
Now, 58million is a LOT in Canada!
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
#22
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
I think Jetsgo bought some of the planes.
Apparently the CEO of Jetsgo was the CEO of Canada3000.
Get this....his business plan was to fly inefficient planes (fuel-wise) and
minimize maintenance (boom..what was that!).
After fuel prices went way up they started losing...something like 58million
in the last 6months.
Now, 58million is a LOT in Canada!
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
Apparently the CEO of Jetsgo was the CEO of Canada3000.
Get this....his business plan was to fly inefficient planes (fuel-wise) and
minimize maintenance (boom..what was that!).
After fuel prices went way up they started losing...something like 58million
in the last 6months.
Now, 58million is a LOT in Canada!
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
#23
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
despite what CBC and CTV are reporting Michael Leblanc didn't create jetsgo
from the ashes of Canada 3000. He owned Royal over inflated the profit
margin on the books, then sold Royal Airlines to Canada 3000 for way more
then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
White" also owned City Express (operated out of Toronto Isl.) which also
went bankrupt and before that he owned another airline (great lakes air
maybe) that also went bankrupt.
When you operate your maintenance on a dollar store budget and charge fares
at dollar store rates you can't expect to be in business long.
Now it times for the Goverment to realize that we can't support this great
number of airlines. 3 national and international carriers is all our
population can sustain.
Snow...
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
from the ashes of Canada 3000. He owned Royal over inflated the profit
margin on the books, then sold Royal Airlines to Canada 3000 for way more
then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
White" also owned City Express (operated out of Toronto Isl.) which also
went bankrupt and before that he owned another airline (great lakes air
maybe) that also went bankrupt.
When you operate your maintenance on a dollar store budget and charge fares
at dollar store rates you can't expect to be in business long.
Now it times for the Goverment to realize that we can't support this great
number of airlines. 3 national and international carriers is all our
population can sustain.
Snow...
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
#24
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
despite what CBC and CTV are reporting Michael Leblanc didn't create jetsgo
from the ashes of Canada 3000. He owned Royal over inflated the profit
margin on the books, then sold Royal Airlines to Canada 3000 for way more
then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
White" also owned City Express (operated out of Toronto Isl.) which also
went bankrupt and before that he owned another airline (great lakes air
maybe) that also went bankrupt.
When you operate your maintenance on a dollar store budget and charge fares
at dollar store rates you can't expect to be in business long.
Now it times for the Goverment to realize that we can't support this great
number of airlines. 3 national and international carriers is all our
population can sustain.
Snow...
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
from the ashes of Canada 3000. He owned Royal over inflated the profit
margin on the books, then sold Royal Airlines to Canada 3000 for way more
then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
White" also owned City Express (operated out of Toronto Isl.) which also
went bankrupt and before that he owned another airline (great lakes air
maybe) that also went bankrupt.
When you operate your maintenance on a dollar store budget and charge fares
at dollar store rates you can't expect to be in business long.
Now it times for the Goverment to realize that we can't support this great
number of airlines. 3 national and international carriers is all our
population can sustain.
Snow...
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
#25
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
despite what CBC and CTV are reporting Michael Leblanc didn't create jetsgo
from the ashes of Canada 3000. He owned Royal over inflated the profit
margin on the books, then sold Royal Airlines to Canada 3000 for way more
then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
White" also owned City Express (operated out of Toronto Isl.) which also
went bankrupt and before that he owned another airline (great lakes air
maybe) that also went bankrupt.
When you operate your maintenance on a dollar store budget and charge fares
at dollar store rates you can't expect to be in business long.
Now it times for the Goverment to realize that we can't support this great
number of airlines. 3 national and international carriers is all our
population can sustain.
Snow...
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
from the ashes of Canada 3000. He owned Royal over inflated the profit
margin on the books, then sold Royal Airlines to Canada 3000 for way more
then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
White" also owned City Express (operated out of Toronto Isl.) which also
went bankrupt and before that he owned another airline (great lakes air
maybe) that also went bankrupt.
When you operate your maintenance on a dollar store budget and charge fares
at dollar store rates you can't expect to be in business long.
Now it times for the Goverment to realize that we can't support this great
number of airlines. 3 national and international carriers is all our
population can sustain.
Snow...
"mp" <mp@123.com> wrote in message
news:1133hu677j0nb52@corp.supernews.com...
>> Yes, the same applies here. When "Canada 3000" airline went under a few
>> years ago, credit card holders were the only people that got all their
>> money
>> back, if you paid cash or cheque (check) you got about 10 cents on the
>> dollar -- that happened to my neighbour.
>
> Didn't Jetsgo emerge from the ashes of the Canadian 3000 failure?
>
#26
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
"SteveBrady" wrote in message
> Apparently the CEO of Jetsgo was the CEO of Canada3000.
> Get this....his business plan was to fly inefficient planes (fuel-wise)
and
> minimize maintenance (boom..what was that!).
Harvard MBA, no doubt.
--
www.e-woodshop.net
Last update: 11/06/04
> Apparently the CEO of Jetsgo was the CEO of Canada3000.
> Get this....his business plan was to fly inefficient planes (fuel-wise)
and
> minimize maintenance (boom..what was that!).
Harvard MBA, no doubt.
--
www.e-woodshop.net
Last update: 11/06/04
#27
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
"SteveBrady" wrote in message
> Apparently the CEO of Jetsgo was the CEO of Canada3000.
> Get this....his business plan was to fly inefficient planes (fuel-wise)
and
> minimize maintenance (boom..what was that!).
Harvard MBA, no doubt.
--
www.e-woodshop.net
Last update: 11/06/04
> Apparently the CEO of Jetsgo was the CEO of Canada3000.
> Get this....his business plan was to fly inefficient planes (fuel-wise)
and
> minimize maintenance (boom..what was that!).
Harvard MBA, no doubt.
--
www.e-woodshop.net
Last update: 11/06/04
#28
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
"SteveBrady" wrote in message
> Apparently the CEO of Jetsgo was the CEO of Canada3000.
> Get this....his business plan was to fly inefficient planes (fuel-wise)
and
> minimize maintenance (boom..what was that!).
Harvard MBA, no doubt.
--
www.e-woodshop.net
Last update: 11/06/04
> Apparently the CEO of Jetsgo was the CEO of Canada3000.
> Get this....his business plan was to fly inefficient planes (fuel-wise)
and
> minimize maintenance (boom..what was that!).
Harvard MBA, no doubt.
--
www.e-woodshop.net
Last update: 11/06/04
#29
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
On Fri, 11 Mar 2005 18:22:29 -0500, "Snow" <snowbal@sympatico.ca>
wrote:
>despite what CBC and CTV are reporting Michael Leblanc didn't create jetsgo
>from the ashes of Canada 3000. He owned Royal over inflated the profit
>margin on the books, then sold Royal Airlines to Canada 3000 for way more
>then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
>White" also owned City Express (operated out of Toronto Isl.) which also
>went bankrupt and before that he owned another airline (great lakes air
>maybe) that also went bankrupt.
>When you operate your maintenance on a dollar store budget and charge fares
>at dollar store rates you can't expect to be in business long.
Gee, he sounds just like our own Frank Lorenzo. Thank god the FAA or
someone found him unfit to run an airline. He sank Trans Texas, sank
Eastern, and very nearly sank Continental. Then he wanted to start
another one and the gummint said no.
--
LRod
Master Woodbutcher and seasoned termite
Shamelessly whoring my website since 1999
http://www.woodbutcher.net
wrote:
>despite what CBC and CTV are reporting Michael Leblanc didn't create jetsgo
>from the ashes of Canada 3000. He owned Royal over inflated the profit
>margin on the books, then sold Royal Airlines to Canada 3000 for way more
>then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
>White" also owned City Express (operated out of Toronto Isl.) which also
>went bankrupt and before that he owned another airline (great lakes air
>maybe) that also went bankrupt.
>When you operate your maintenance on a dollar store budget and charge fares
>at dollar store rates you can't expect to be in business long.
Gee, he sounds just like our own Frank Lorenzo. Thank god the FAA or
someone found him unfit to run an airline. He sank Trans Texas, sank
Eastern, and very nearly sank Continental. Then he wanted to start
another one and the gummint said no.
--
LRod
Master Woodbutcher and seasoned termite
Shamelessly whoring my website since 1999
http://www.woodbutcher.net
#30
Guest
Posts: n/a
Re: JetsGo Scumbags (Canadian Discount Airline gone under)
On Fri, 11 Mar 2005 18:22:29 -0500, "Snow" <snowbal@sympatico.ca>
wrote:
>despite what CBC and CTV are reporting Michael Leblanc didn't create jetsgo
>from the ashes of Canada 3000. He owned Royal over inflated the profit
>margin on the books, then sold Royal Airlines to Canada 3000 for way more
>then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
>White" also owned City Express (operated out of Toronto Isl.) which also
>went bankrupt and before that he owned another airline (great lakes air
>maybe) that also went bankrupt.
>When you operate your maintenance on a dollar store budget and charge fares
>at dollar store rates you can't expect to be in business long.
Gee, he sounds just like our own Frank Lorenzo. Thank god the FAA or
someone found him unfit to run an airline. He sank Trans Texas, sank
Eastern, and very nearly sank Continental. Then he wanted to start
another one and the gummint said no.
--
LRod
Master Woodbutcher and seasoned termite
Shamelessly whoring my website since 1999
http://www.woodbutcher.net
wrote:
>despite what CBC and CTV are reporting Michael Leblanc didn't create jetsgo
>from the ashes of Canada 3000. He owned Royal over inflated the profit
>margin on the books, then sold Royal Airlines to Canada 3000 for way more
>then it was worth (hence the downfall of Canada 3000). Before Royal "Mikey
>White" also owned City Express (operated out of Toronto Isl.) which also
>went bankrupt and before that he owned another airline (great lakes air
>maybe) that also went bankrupt.
>When you operate your maintenance on a dollar store budget and charge fares
>at dollar store rates you can't expect to be in business long.
Gee, he sounds just like our own Frank Lorenzo. Thank god the FAA or
someone found him unfit to run an airline. He sank Trans Texas, sank
Eastern, and very nearly sank Continental. Then he wanted to start
another one and the gummint said no.
--
LRod
Master Woodbutcher and seasoned termite
Shamelessly whoring my website since 1999
http://www.woodbutcher.net