Discount airline Jetsgo ceases operations

…Jetsgo also had problems with Transport Canada last month over deficiencies in its flight manuals, which led to it having an operating certificate revoked. That forced the airline to fly at 28,000 feet instead of between 29,000 and 41,000 feet, a costly move that made flights less efficient for fuel consumption…

Jetsgo ceases operations, tells travellers to make other plans
03:44 AM EST Mar 11

MONTREAL (CP) – Discount airline Jetsgo isn’t going anywhere – announcing early Friday that it is ceasing operations effective immediately.

Stranded passengers were told to find their own way home. The company issued the stunning announcement shortly after midnight on Friday. Jetsgo advised customers to make alternative arrangements before heading to the airport since there will be no Jetsgo staff or planes available. The shutdown comes at the start of March break for many school systems across Canada, when hordes of families flock to Florida, Mexico and other sun spots served by the airline – one of the busiest travel times of the year.

Travellers who had booked a return trip home were told their tickets are no good and to make other arrangements to get back.

“We deeply regret that this had to happen. The decision to cease operations was only taken after difficult deliberation,” said Jetsgo president Michel Leblanc.

Jetsgo said that difficult market conditions and competitive pressures led the company to discontinue operations and ground all of its planes.