Why So Many Airlines are Going Bankrupt

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  • Published on:  Tuesday, October 8, 2019
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    Animation by Josh Sherrington
    Sound by Graham Haerther (http://www.Haerther.net)
    Thumbnail by Simon Buckmaster

    Music by http://epidemicsound.com
    Select footage courtesy the AP Archive

    References:
    [1] https://www.airlines.iata.org/news/iata-forecasts-355bn-net-profit-for-airlines-in-2019
    [2] https://blog.aci.aero/airport-markets-and-seasonal-variations/
    [3] https://www.macrotrends.net/stocks/charts/RYAAY/ryanair-holdings/gross-profit
    [4] https://voxeu.org/article/eu-s-insolvency-reform
    [5] https://www.ft.com/content/15ecdab8-c960-11e9-a1f4-3669401ba76f
    [6] https://www.ft.com/content/986c4e6e-db81-11e9-8f9b-77216ebe1f17
    [7] https://twitter.com/tcairlinesuk?lang=en
    [8] https://thepointsguy.co.uk/news/on-thomas-cook-repatriation-flight/
    [9] https://web.archive.org/web/20190514055927/https://en.wikipedia.org/wiki/Palma_de_Mallorca_Airport#Airlines_and_destinations
    [10] https://thepointsguy.co.uk/news/on-thomas-cook-repatriation-flight/
    [11] https://www.seatguru.com/airlines/Malaysia_Airlines/Malaysia_Airlines_Airbus_A380_new.php; https://www.flightradar24.com/data/aircraft/9m-mnf
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Comment

  • Xiad Xiad
    Xiad Xiad  31 minutes ago

    Is this the voice of Ownage pranks ?

  • Eurasian ST
    Eurasian ST  an hour ago

    Scat

  • Anime Banz
    Anime Banz  3 hours ago

    Very Eurocentric video.

  • Tathagat Chatterjee

    They missed a lot of other airlines across the globe..

  • Forgan Mreeman
    Forgan Mreeman  5 hours ago

    think about all the money you can make if you can figure out a way to make commercial planes fly with little to no fossil fuel. πŸ’° πŸ’° πŸ’°

  • Shea Balden
    Shea Balden  5 hours ago

    Heard a lot of noise recently about WOW air

  • Bob Jones
    Bob Jones  7 hours ago

    It's called capitalism.

  • Fish Ed
    Fish Ed  7 hours ago

    Because we teleporting now duh

  • Alex Nezhynsky
    Alex Nezhynsky  8 hours ago

    Nothing bad about this at all. What, do you expect businesses to emerge and expand indefinitely? Sometimes they fail and go out of operation. Everything in economics is cyclical, don't make it sound doom and gloom

  • Ben Hansen
    Ben Hansen  9 hours ago

    So I get reading out a list of companies once, but there really is no reason to deadpan read the same list several times in the same video. Just list the airlines as text on the screen and talk about them. It got painful to listen to after a bit. Thanks for the work you do!

  • Sami Tangu
    Sami Tangu  11 hours ago

    Topic goes from why airlines go bankrupt to discussing Thomas cook.

  • Felix Taraiva
    Felix Taraiva  11 hours ago

    Kenya Airways... once "The Pride of Africa" -- until 2015

  • inkooh8
    inkooh8  12 hours ago

    So, their profits are doing great. When will they stop charging for our first checked bag?

  • Abhimanyu Bhardwaj
    Abhimanyu Bhardwaj  12 hours ago

    Mate.. Pls include Jet Airways from India as well.. It was largest commercial passenger airline of India.. Grounded since 17 April 2019...
    Cheers!

  • Hurley Law
    Hurley Law  12 hours ago

    Pan Am:

    β€œAre you challenging me?”

  • koteswara Rao Parvataneni

    This video went viral for some reason.

  • TheOldSin
    TheOldSin  13 hours ago

    The Otaku Era

  • Gautam Jain
    Gautam Jain  15 hours ago

    You forgot jet airways

  • TheDark Knut
    TheDark Knut  17 hours ago

    Did u really miss Jet airways from India? 21000 people lost their jobs. Probably the biggest case.

  • Stuart Hollingsead
    Stuart Hollingsead  17 hours ago

    so essentially they don't know how to save money...
    I get paid every 2 weeks. I have 0 income between paychecks... I overcome this by having an emergency account, and a safe keeping fund. I also budget.
    guess people should learn to save money.