Very similar to Failboat . A pack of douche bags trying to act smart. These people generally fail at life. Often used when "failboat" just doesn't seem enough to describe their fail.
M1: oh dude, those guys are aboard the failjet (guys trying to back a van into water to get their skyjets in) .
M2: damned yeah.
by KnightNL June 26, 2010

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