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
  • Source: https://youtu.be/cnfoTAxhpzQ

Comment

  • Rechordian

    Rechordian

     2 hours ago

    So they're going bankrupt because they have nobody who knows how to plan ahead? Sounds like they deserve bankruptcy

  • Eurekify!

    Eurekify!

     5 hours ago

    Wendover productions?
    more like...
    Bendover productions








    I'm sorry I don't even know

  • Annie

    Annie

     8 hours ago

    What's up with this stupid melodramatic background music?

  • Moe

    Moe

     9 hours ago

    without watching video
    shakes fist
    GRETAAA!!!!

  • Geert Polmans

    Geert Polmans

     10 hours ago

    You should make a video about the logistics of Tim Horton's. They have locations even in the most remote northern settlements. Would be very interesting to see how they supply them, how they can still sell things at an affordable price.

  • rishabh jalan

    rishabh jalan

     13 hours ago

    Jet airways also collapsed

  • Marcus Magarian

    Marcus Magarian

     15 hours ago

    Very good presentation! I was the last banker for XL Airways...

  • Kyle Darwin Enriquez

    Kyle Darwin Enriquez

     17 hours ago

    It thinks there is going to be a disruption in the aviation industry yin the coming decade when battery density doubles.

  • namme hauusw

    namme hauusw

     20 hours ago +1

    8:43 "This business model is a rather new phenomenon, made possible by squarespace"

  • Anonoz Chong

    Anonoz Chong

     21 hours ago

    AirAsia X a financial success? No LOL.

  • Lava Yuki

    Lava Yuki

     yesterday

    I never thought Thomas Cook would go bankrupt since it seemed so popular

  • Daniel Eyre

    Daniel Eyre

     yesterday

    And this despite the generous subsidies.

  • Chris Taylor

    Chris Taylor

     yesterday

    uhhhhh..... 5:50 ? Someone has had a substantial accident....

  • Lilitha11

    Lilitha11

     yesterday

    Seems like they knew ahead of time they were going to collapse, so not saying anything til the last minute and stopping flights when people already boarded them seems like a dick move. I am sure they could of canceled a lot of flights further out, and then sold off planes and stuff to fund operations for the more near term flights, to have a more controlled collapse.

  • Ban

    Ban

     yesterday

    It bothers me you spent a significant portion of this video making a socialist pitch, wherein you completely acknowledge the benefits of the government funded flights and dont even have the objectivity to mention whether the dollars spent on those flights are worth it.

  • Craig Lawson

    Craig Lawson

     yesterday

    Not raising the prices by 200% in summer would help them get more bookings instead if trying to rip off hard working people

  • Spring4030 Zxqa6519

    Spring4030 Zxqa6519

     yesterday

    If your completion went out of business, wouldn't that get you more customers and you can then increase prices.

  • Spring4030 Zxqa6519

    Spring4030 Zxqa6519

     yesterday

    If your completion went out of business, wouldn't that get you more customers and you can then increase prices.

  • Nick P. Wilde

    Nick P. Wilde

     yesterday

    2:40 The Airline Passengers Per Month graph is deceptive. It starts at 90 instated of 0.

  • Biko from the Lowlands

    Biko from the Lowlands

     yesterday

    Same thing as with car brands right? I’m going to watch the video now, let’s see