Michel Leblanc
Encyclopedia
Michel Leblanc is a Canadian
"serial entrepreneur
" responsible for starting up seven failed airline
s in 20 years, including Quebecair
, Royal Aviation
(sold to Canada 3000
in 2001 and bankrupt soon after) and, the most recent airline to go bankrupt, Jetsgo
on March 11, 2005.
Canada
Canada is a North American country consisting of ten provinces and three territories. Located in the northern part of the continent, it extends from the Atlantic Ocean in the east to the Pacific Ocean in the west, and northward into the Arctic Ocean...
"serial entrepreneur
Entrepreneur
An entrepreneur is an owner or manager of a business enterprise who makes money through risk and initiative.The term was originally a loanword from French and was first defined by the Irish-French economist Richard Cantillon. Entrepreneur in English is a term applied to a person who is willing to...
" responsible for starting up seven failed airline
Airline
An airline provides air transport services for traveling passengers and freight. Airlines lease or own their aircraft with which to supply these services and may form partnerships or alliances with other airlines for mutual benefit...
s in 20 years, including Quebecair
Quebecair
Quebecair was a Canadian airline that operated from 1947 until 1986. Quebecair was headquartered in Saint-Laurent, Quebec, now a part of Montreal.-Company history:...
, Royal Aviation
Royal Aviation
Royal Aviation was the parent of Canadian charter airline Royal Airlines, which was based at Dorval Airport. The airline was acquired in 2001 by Canada 3000, which in turn went bankrupt in the months following the events of September 11, 2001....
(sold to Canada 3000
Canada 3000
Canada 3000 Inc. was a Canadian discount charter airline offering domestic and international flights. It was the largest charter airline in the world at the time of its operation, with over 90 destinations worldwide, although it changed to scheduled service in 2000 after the Canadian Airlines and...
in 2001 and bankrupt soon after) and, the most recent airline to go bankrupt, Jetsgo
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...
on March 11, 2005.