Why So Many Airlines are Going Bankrupt

  • Yayınlanma Tarihi:  1 hafta önce
  • Start building your online store with Shopify for free for 14 days by signing up at http://shopify.com/wendover Buy a Wendover Productions t-shirt from our Shopify-powered store: https://standard.tv/collections/wendover-productions/products/wendover-productions-shirt Listen to Extremities at http://ExtremitiesPodcast.com Subscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinteresting Youtube: http://www.YouTube.com/WendoverProductions Instagram: http://Instagram.com/sam.from.wendover Twitter: http://www.Twitter.com/WendoverPro Sponsorship Enquiries: wendover@standard.tv Other emails: sam@wendover.productions Reddit: http://Reddit.com/r/WendoverProductions 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
  • Video Süresi: 00:11:23
  • aviation airplanes airport airplane planes monarch air thomas cook thomas cook uk thomas cook airlines thomas cook airlines collapse why thomas cook went bankrupt why airlines go bankrupt insolvency bankrupcy business finance economics industry uk europe united kingdom atol caa wendover productions hai half as interesting 

Yorum Sayısı: 3987

  • Chris Taylor
    Chris Taylor 7 saat önce

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

  • Lilitha11
    Lilitha11 8 saat önce

    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 9 saat önce

    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 9 saat önce

    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 10 saat önce

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

  • Spring4030 Zxqa6519
    Spring4030 Zxqa6519 10 saat önce

    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 13 saat önce

    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 14 saat önce

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

  • Solid_Snake
    Solid_Snake 14 saat önce

    Also Alitalia is going bankrupt🇮🇹

  • Mike Imbesi
    Mike Imbesi 1 gün önce

    If you think that's a bad business model, you should see shipping. Constant overcapacity. There's also typically a 7 year cycle where 5 or 6 years are unprofitable and only 1 or 2 years are profitable.

  • Brandon Lee
    Brandon Lee 1 gün önce

    You have a lot of airlines in europe.

  • TheFlyingCoconut 07
    TheFlyingCoconut 07 1 gün önce

    7:59 That’s 300 Toyota Corollas!

  • bagariddum
    bagariddum 1 gün önce

    8:08 thomas cook cost the uk TAX PAYER a shit tonne of money NOT the bloody govt ! meanwhile the 'execs' robbed the company of 50 MILLION pounds. JAIL TIME required for those scum.

  • bagariddum
    bagariddum 1 gün önce

    Thomas Cook "executives" (AKA: criminals) looted 50 MILLION POUNDS from the company in the lead up to its collapse. They called the stolen funds: "bonuses"...how quaint.

  • Bruno Lapinski
    Bruno Lapinski 1 gün önce

    It's good these companies are going bankrupt because less planes means less CO2, so its better for the environment.

  • FST Study
    FST Study 1 gün önce

    OK this is a little off topic comment here.






    But I think new YouTubers (like myself) should learn the art of making thumbnails from you.

  • Laurens Rodi
    Laurens Rodi 1 gün önce

    how big of a factor is (expensive) unionized air and ground personnel in Europe on the struggling finances of these (former) companies ?

  • Levy Roth
    Levy Roth 1 gün önce

    No one can afford to travel anywhere anymore because we're all getting poorer, not richer. Duh!

  • Diogo F
    Diogo F 2 gün önce

    Wendover should do some videos not about planes

  • Jahn Kaplank
    Jahn Kaplank 2 gün önce

    so the problem is not the airlines but the debtors. Why don't they structure the pay-back of debt to coincide with high profit months? (pay more when the cash flow is good, and pay near NOTHING during the hard months).


    it is common knowledge that, since their inception, BANKS have been nothing but trouble. They leave you alone as long as you're making them money, but the MINUTE you don't pay, they STEAL your wealth through foreclosures. Fight the banks, not the operators.

  • Abdul Hakim
    Abdul Hakim 2 gün önce

    Salam from Kokdiang, Malaysia.

  • Whyareall
    Whyareall 2 gün önce

    "everything is ready to go, everyone knows what to do and how to do it, but the flight can't go because everything is owned by some old white dudes in suits thousands of miles away and they say no" is a big reason capitalism is such bullshit

  • vengefulenigma
    vengefulenigma 2 gün önce

    Adria airways has had problems for years now, but only went bankrupt like 2 weeks ago. It wasn't that big of an airline, but it was the only Slovenian airline.

  • Henry Phillips
    Henry Phillips 2 gün önce

    I used to LOVE flying when I was a child then I started to hate it for all the obvious reasons: Long queues, ears pop, crying children ect ect. But then I stopped flying Thomas Cook and everything changed, I LOVE Flying again. No coincidence.

  • Certified Dead Memes
    Certified Dead Memes 3 gün önce

    Wendover productions is secretly a 737

  • Dugroz Reports
    Dugroz Reports 3 gün önce

    Chipriot? With an "h"? Is that right?

  • Baran Orak
    Baran Orak 3 gün önce

    That loser from HalfAsInteresting just called you plain and lame! >:

  • Charlie
    Charlie 3 gün önce

    There's like a minute missing that I cannot remember and in that time I ended up at this video


    a demon did it,,,

  • Southern Arawak
    Southern Arawak 3 gün önce

    We are seeing the end of European coercion and colonialism. All European nations and their main colonies (USA, Australia, etc) are hurting badly and I strongly doubt here will be a recovery from the next recession-depression.

  • Alex
    Alex 3 gün önce

    Nobody:
    Wendover: Airlines

  • kirtikumar sonawane
    kirtikumar sonawane 3 gün önce

    Jet airways?

  • Tim Keachie
    Tim Keachie 3 gün önce

    the big shits are buying them up its to keep us in our owe country and keep there plane up to chemtriling our skys

  • Subodh Karwa
    Subodh Karwa 3 gün önce

    You missed Jet Airways which went bankrupt in 2019. Its was a Star Alliance Partner operating out of India.

  • Juan José Peñaranda
    Juan José Peñaranda 3 gün önce

    Let me correct your title: Why so many European airlines are going bankrupt

  • Hakunetsu YT
    Hakunetsu YT 4 gün önce

    MAS yet again with their generousity, XD been quite generous since their establishment

  • Lella Pelaou
    Lella Pelaou 4 gün önce

    I take issue with how you said "Cypriot"

  • ReconMANCER
    ReconMANCER 4 gün önce

    because of Mr. Garrison´s "It"

  • Abhishek Srivastava
    Abhishek Srivastava 4 gün önce

    In India well respected airline Jet Airways also collapsed. In its hey day the market evaluation of jet airways was close to American Airlines.

  • David Frankal
    David Frankal 4 gün önce

    Should also mention UK airlines are particularly vulnerable atm due to Brexit-related uncertainty - this certainly contributed to the demise of Thomas Cook

  • Konnos Vatamidis
    Konnos Vatamidis 4 gün önce

    1:03
    Cobalt Air: a small CHEAPriot carrier LMAO