i errët

Why So Many Airlines are Going Bankrupt 

Wendover Productions
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Animation by Josh Sherrington
Sound by Graham Haerther (www.Haerther.net)
Thumbnail by Simon Buckmaster
Music by epidemicsound.com
Select footage courtesy the AP Archive
References:
[1] www.airlines.iata.org/news/iata-forecasts-355bn-net-profit-for-airlines-in-2019
[2] blog.aci.aero/airport-markets-and-seasonal-variations/
[3] www.macrotrends.net/stocks/charts/RYAAY/ryanair-holdings/gross-profit
[4] voxeu.org/article/eu-s-insolvency-reform
[5] www.ft.com/content/15ecdab8-c960-11e9-a1f4-3669401ba76f
[6] www.ft.com/content/986c4e6e-db81-11e9-8f9b-77216ebe1f17
[7] tcairlinesuk?lang=en
[8] thepointsguy.co.uk/news/on-thomas-cook-repatriation-flight/
[9] web.archive.org/web/20190514055927/en.wikipedia.org/wiki/Palma_de_Mallorca_Airport#Airlines_and_destinations
[10] thepointsguy.co.uk/news/on-thomas-cook-repatriation-flight/
[11] www.seatguru.com/airlines/Malaysia_Airlines/Malaysia_Airlines_Airbus_A380_new.php; www.flightradar24.com/data/aircraft/9m-mnf

Publikuar

 

8 Tet 2019

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Komente 80   
GuppyPal
GuppyPal Ditë më parë
All of the bankruptcies in 2019 and the ones that are occurring and will occur in 2020 will ultimately make the survivors stronger as they will have less competition. Airline travel was set to increase substantially over the next 10 years before cv-19 hit... I think business will pick back up in a year or two and the industry will continue to grow.
Redsunns
Redsunns 5 ditë më parë
You should make a Part 2 now. Why So Many Airlines are Going Bankrupt (Part 2 - The Covid-19)
Redsunns
Redsunns 3 ditë më parë
@Tylergube616 oh yah. watched it. LOL
Tylergube616
Tylergube616 4 ditë më parë
He basically did a month ago...
Spectre
Spectre 6 ditë më parë
So this means to summary up. It's because the rising up of fuel and putting some cheap flights??
Zombiefied Gaming
Zombiefied Gaming 7 ditë më parë
2020 is the year of absolute purge
Mister X
Mister X 7 ditë më parë
that takeoff at <a href="#" class="seekto" data-time="304">5:04</a> is kinda weird...
Silvio Nunez
Silvio Nunez 13 ditë më parë
NO FURTHER ACTION NEEDED: No worries, Corona Virus COVID 19, just nail the final coffin to these company's issues and problems.
Karol Vesely
Karol Vesely 16 ditë më parë
You don't get it? NWO is destroying Airlines! NWO low esteem leaders hate when people are happy and travel!!! People must by so disguise like they are!
Vojta Pokorný
Vojta Pokorný 17 ditë më parë
Wendover: 2019 was the year of slaughter 2020: hold. my. beer.
Matt James
Matt James 18 ditë më parë
Why airlines go bankrupt? Coronavirus. Video over.
Matt James
Matt James 17 ditë më parë
@Hairo Aguilera r/whoooooooosh
Hairo Aguilera
Hairo Aguilera 17 ditë më parë
This was before COVID-19
Coog
Coog 18 ditë më parë
treating people like prisoners and raping their wallets I say good riddance
Hairo Aguilera
Hairo Aguilera 17 ditë më parë
There were low cost airlines, though
Quick Silver
Quick Silver 20 ditë më parë
Ahead of it's time
Ritzy
Ritzy 21 ditë më parë
And the 2020 airline price tag..... $0 hehe
Manoj barial
Manoj barial 21 ditë më parë
Jet Airways also got bankrupt in 2019 it was also a very huge Airline it flew to Europe North America Asia
zenixlo
zenixlo 21 ditë më parë
Rip Flybe
Richi_Boi
Richi_Boi 23 ditë më parë
If 2019 Is the year of slaughter what will be 2020?
Hayden Smith
Hayden Smith 19 ditë më parë
Richi_Boi Massacre.
The Pathogenic Ruler
The Pathogenic Ruler 24 ditë më parë
I strongly believe that there are too many airlines then there are people to use them.
Lion Aviation
Lion Aviation 26 ditë më parë
I'm calling Norwegian going under by October. rip flybe
Ellysha D.
Ellysha D. 26 ditë më parë
We will never forgive all the plane The most helping all people in the world is Thomas cook the top 10 oldest plane
Sarah Hughes
Sarah Hughes 28 ditë më parë
The morning of Thomas Cooks collapse I was due to go on holiday with my sister - all that timing and planning was ruined - least I got my money back
Cal Commercial Insurance
Cal Commercial Insurance 28 ditë më parë
Come March, that's when the airlines have cash flow issues, because that's when the coronavirus season begins. And that's because nobody wants to fly anywhere, and no one has the money to fly anywhere because they are all unemployed waiting for promises from the government that will never be fulfilled.
Hairo Aguilera
Hairo Aguilera 17 ditë më parë
By March is when countries have closed their borders. In February is when people travelled because we thought COVID-19 wasn't as serious as it really is
Cal Commercial Insurance
Cal Commercial Insurance 28 ditë më parë
CORRECTION: 2020 was the year of slaughter. EVERY AIRLINE stopped flying
Michael Richardson
Michael Richardson Muaj më parë
*Coronavirus* likes this.
Hyp3rR4lph
Hyp3rR4lph Muaj më parë
flybe got killed then South African Airways rip good airlines
Darth Reaper
Darth Reaper Muaj më parë
"2019 was the year of slaughter" *laughs in 2020*
Özgür Ak
Özgür Ak Muaj më parë
In the long run, it may be more beneficial to let the companies go bust when they do and let the industry learn from it to allow for more resilient companies within an industry than to keep honouring failure with tax payers money.
Martin Barr-David
Martin Barr-David Muaj më parë
Virgin Australia gone bust.
Sid Sed
Sid Sed Muaj më parë
Actually they got fed up of this nonsense business, so they do declare bankruptcy to get rid of it swiftly!
Hairo Aguilera
Hairo Aguilera 17 ditë më parë
Source?
A Random Guy
A Random Guy Muaj më parë
K0R0NA VIRUS
Helen F
Helen F Muaj më parë
Thomas Cook’s decline was not just the airline, it was a 178 year Tour Operator. There was only one flight due out that night that did not go. And the CAA only intervenes with package holiday collapses.
fadrium
fadrium Muaj më parë
9/11 bring down and affected many airlines, I interested to see post covid-19 impact on airlines around the world.
cadavernl nee
cadavernl nee Muaj më parë
This video is 1 year too early for a complete different answer.
DaNuke26 ROBLOX
DaNuke26 ROBLOX Muaj më parë
<a href="#" class="seekto" data-time="588">9:48</a> oh hey, Wendover predicted FlyBe's bankruptcy.
卓建忠
卓建忠 Muaj më parë
pls. think. diseal. in. budget. liners
Tyler Lund
Tyler Lund Muaj më parë
Lmao they in trouble now
jfsa380
jfsa380 Muaj më parë
You called it. FlyBe
Yoshi Green
Yoshi Green Muaj më parë
i love how this video is dated in just 5 months. it is 2020 when i am writing this comment and this year has been the worst year for the aviation industry in history.
Davide Colonna
Davide Colonna Muaj më parë
<a href="#" class="seekto" data-time="6">0:06</a> that line did not age well
Akshatha
Akshatha Muaj më parë
what abt jet airways
Bobby Ongsueco
Bobby Ongsueco Muaj më parë
4,501st april 6 2020 <a href="#" class="seekto" data-time="653">10:53</a>am philippine time.thanks for the video
Jorge Risk
Jorge Risk Muaj më parë
No mention of Stock Buybacks? Hmm...
Wendy's Twitter
Wendy's Twitter Muaj më parë
He predicted the future on this channel TWICE. With this video, and “How to stop an epidemic”
ANGEL HERNANDEZ
ANGEL HERNANDEZ Muaj më parë
If only we could’ve predicted March/April 2020.
Ascended ARK Gaming
Ascended ARK Gaming Muaj më parë
*flybe exists* Coronavirus: so you have chosen death
con
con Muaj më parë
"the aviation industry was flying high." a couple months later and nope. we lower than low
BeachBot 3000
BeachBot 3000 Muaj më parë
Well you couldn’t say it more during Coronavirus.
CTO Information
CTO Information Muaj më parë
because Europe is getting poorer and East Asia is getting richer.
Isla Stewart
Isla Stewart Muaj më parë
can we get an f in the chat for all the airlines
Lucas Paul
Lucas Paul Muaj më parë
Atlas Global is Insolvent to😂
Lucas Paul
Lucas Paul Muaj më parë
And now fly be
pojke
pojke Muaj më parë
They didn’t know what was coming in March 2020
Rocketmansv Salvador
Rocketmansv Salvador Muaj më parë
Fast forward to 2020, we now have a clear and definitive answer: COVID-19
Keijay Huang
Keijay Huang Muaj më parë
This aged well
drsiiiiin
drsiiiiin Muaj më parë
can i get the name of the background music?
Justin Thyme
Justin Thyme Muaj më parë
2019: So many airlines went bankrupt! 2020: meh, hold my beer..
Roy Chan
Roy Chan Muaj më parë
Why airline go bankrupt? Before 2020 : No cash flow, irregular passenger, too many planes.... After 2020: C_ _ _ _ Virus
kfc jet
kfc jet Muaj më parë
oh oh oh another reason is coronavirus!!!
Abby Collins
Abby Collins Muaj më parë
This either aged well or poorly.
Uke Yaoi Trash
Uke Yaoi Trash Muaj më parë
This title *really* didnt age well
turbofan450
turbofan450 Muaj më parë
"2019 was the year of slaughter". 2020: hold my corona beer
somanath tarikere
somanath tarikere Muaj më parë
They do not go bankrupt. The investor divert their profit to some other business and keep small amount for operation of their fleets. During lean period they can not make more profit. Hence bankrupt. It is unethical business. In India one example is Jet airways. Govt works for bailout by taking tax payers money. That is how poor people become more poor and rich people become filthy rich. Socialism is for rich people because government supports by putting tax payers money for bail out. For poor people capitalism so that if you survive ok otherwise die.
Manuel Seet
Manuel Seet Muaj më parë
Who is here after corona?
Everything's Alright
Everything's Alright Muaj më parë
stop predicting the future
Matthew Rinehart
Matthew Rinehart Muaj më parë
Imagine covid 19 comes and shuts this down and us pumps 500b into it
Jual Musang
Jual Musang Muaj më parë
New answer: CORONA VIRUS
Satan
Satan Muaj më parë
A rich decadent, multinational, no loyalty to a nation state company, highly polluting business going belly up? I don't care. never flew and never want to. For some reason going on a holiday twice a year by plane makes people whine about climate change and feel superior.
Indrid Cold
Indrid Cold Muaj më parë
When a company pays their worthless CEO 400 million pounds annually, the odds of that company failing are going to be quite high. With such a bad business decision to pay their CEO that much, it is obvious that a lot more bad business decisions are going to be made. Add to this that jets offer the worse possible experience in travel and they are going to fail.
John
John Muaj më parë
Wendover: “The Last 5 years of the airline industry have been the most profitable...” Covid19: “I can fix that”
Miles Huff
Miles Huff 2 muaj më parë
<a href="#" class="seekto" data-time="22">0:22</a> This didn't age well lmao Thanks Corona
Vegardo Da Vinci
Vegardo Da Vinci 2 muaj më parë
This is sooooo ironic now
Shinta Kikuchi
Shinta Kikuchi 2 muaj më parë
Short 2020 answer: It’s Corona time:(
cybersquire
cybersquire 2 muaj më parë
Sam, as usual, was about 6 months ahead of the curve.
DedSecWD MY
DedSecWD MY 2 muaj më parë
How the heck my country airline get in the video (Malaysia Airlines)?
Panzers
Panzers 2 muaj më parë
Oct 9, 2019 : "The last 5 years have been the most consistently profitable and financially successful years ever for the world's commercial airlines" March 2020 : "Biggest drop in demand in the history of aviation"
Andrew Hetherington
Andrew Hetherington 2 orë më parë
The calm before the storm
LegendMeadow
LegendMeadow 19 ditë më parë
@jessimatic What are you on about? A worldwide pandemic forces people to stay home and not travel, and you're blaming capitalism for the lack of air travel? Besides, mass-scale commercial air travel would NEVER have existed without capitalism, it would only be available to the elite and politicians under socialism, just as was the case in the Soviet Union.
Jason Dashney
Jason Dashney 21 ditë më parë
@jessimatic So in a non-capitalist place airlines would be able to sustain themselves? Communists still get paid, ya know.
jessimatic
jessimatic 23 ditë më parë
Haha, isn't capitalism great! It's such a stable provider of happiness!
Michael Richardson
Michael Richardson 26 ditë më parë
Pulled a little sneaky on ya.
Louden Rangel
Louden Rangel 2 muaj më parë
The aviation industry is flying high then 2020 came along
Kyriakos Yiallouridis
Kyriakos Yiallouridis 2 muaj më parë
You jerk, the "ch" in chypriot is pronounced as the "s" in sea
Fay-yaaz Ahmed
Fay-yaaz Ahmed 2 muaj më parë
Coronavirus called...
Anju Singh
Anju Singh 2 muaj më parë
Dude, where is jet airways, it's was bigger than half of these airlines COMBINED. And still you didn't include it(because it was indian??)
fartuar
fartuar 2 muaj më parë
Q: How many airlines will go bankrupt in 2020? A: Half of the airlines. The rest of airlines will go bankrupt in 2021
GiantDekuShield
GiantDekuShield 2 muaj më parë
my only question is why do airline companies go under if there is a global pandemic? Apparently not flying loses money? Even though as soon as things return to normal, people will want to fly again and money shouldnt be dried up?
VictorBR45
VictorBR45 2 muaj më parë
What is even your question? Or are you being sarcastic? Yes, not flying costs money. They have bills to pay while they aren't making any money at all.
Grumpy Chud
Grumpy Chud 2 muaj më parë
What’s that little number at the bottom left
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