Michel Leblanc, you knew this was coming. You’d known Jetsgo might have to file for insolvency months ago.
So, at the very start of spring break–a peak travel time–just after midnight, you ground all the flights, fire all your workers, and leave 17,000 people in the lurch without warning, any alternative travel options, and possibly without any refunds whatsoever?
Okay, mental notes: When I plan my trip out west this fall, remember to pick an airline that seems relatively solvent… and pay by credit card just in case that’ll help.
That’s how it goes. Until the very moment that they shut down they have to conduct business as usual. Do you remember Braniff International? That is exactly what they did. Were it not for the integrity of the pilots of one of the aircraft a bunch of people would have been stranded in Hawaii. Cite So this is not unprecedented. In fact, it seems to be the way these businesses collapse.
Polycarp! Really! What a scandalous, wicked, evil, nasty idea! I love it!
It’s not me, Quartz–I don’t have any flights planned for a lo-o-o-ong while. I’m just pissed that Michel Leblanc and his company would do something like this to all those passengers.
I remember, Airman Doors, I heard of it happening before. It just really, really sucks… sigh
I wish they would at least expand rail service. I prefer train travel myself, but unfortunately, I live in a city that has no scheduled passenger rail service, and it is unlikely to return here anytime soon.
What I couldn’t understand about the Jetsgo collapse was what I heard on the radio news Friday morning: Jetsgo announced in the middle of the night that it was out of business. It made me wonder if the company president woke up at, say, 3:00 a.m. and decided to issue a press release. It was a strange thought to have, but I hadn’t had my coffee at that point, so anything was possible.
Based on that statement, I wish that he whould be held personally liable for damages suffered by people who booked in advance, and that discharge of his ensuing personal bankruptcy would not be granted for many years. Unfortunately, it just does not work this way, but one can always wish.
Up until the end I’m sure they were paying their bills and meeting their payroll, and I’m sure they were trying to get financing since no company wants to go down this way. Further, if you own a business do you advertise that it’s about to fail? If he had made an announcement that he was in dire financial trouble who would have flown on that airline? They would have died a long time before rather than yesterday.
I guess all business owners are responsible for their failures, right? If a local McDonald’s franchise fails I should hold the owner responsible and demand a free Big Mac?
Depends. Had you already paid for your Big Mac? Nobody’s asking for anything for free. They’re just asking to receive what they paid for. But a large number of ticketholders are just fucked. They paid substantial amounts of money for tickets that are now worthless. Depends to an extent on how they paid for the tickets, of course, as some sources include various guarantees. I don’t see how it’s particularly meanspirited of Muffin to want to hold Leblanc responsible for taking people’s money without holding up his end of the bargain. Accountability, that’s called.
The business is responsible, and the bankruptcy court will almost certainly ensure that the customers get their fares back. The owner, unless you can document specific cases of fraud, is not responsible. That being said, I don’t get what Muffin’s comments are all about, since that’s what will happen anyway with the corporation.
No, as unsecured creditors, they will be last on the list to get ay money out of the company.
What then do you call taking money from people when all the time you know full well that you will not be able to deliver?
The previously cited statement made by Leblanc is in my opinion misrepresentation upon which people relied to their detriment. That is actionable.
What my comments are about is my concern that Leblanc’s and JetsGo’s statements and actions were ethically bankrupt. Bankruptcy protection is not supposed to be a clearinghouse for debts.