I’m so glad for regulators here and abroad. The EU model is especially appealing. Because regulators never let anything like this happen.

Oh, wait.

Passengers aren’t going to get refunds, but maybe the Irish government will refund tax dollars that were supposed to ensure this didn’t happen?

The irony is that every time government fails, there is a call for more government.

A new Irish airline offering flights for one euro ($1.19) shut down services on Wednesday after a week’s operation, stranding hundreds of passengers in Spain.


In a brief statement, JetGreen Airways apologized to customers for closing down the business without warning but said it would not repay any of the more than 40,000 people who had bought tickets, including more than 400 people expecting to fly home Wednesday from their Spanish vacations.