Why So Many Airlines are Going Bankrupt

  • Published: 08 October 2019
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    [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

Comments • 3 899

  • Xiad Xiad
    Xiad Xiad  49 minutes back

    Is this the voice of Ownage pranks ?

    • Eurasian ST
      Eurasian ST  2 hours back


      • Anime Banz
        Anime Banz  4 hours back

        Very Eurocentric video.

        • Tathagat Chatterjee
          Tathagat Chatterjee  5 hours back

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

          • Forgan Mreeman
            Forgan Mreeman  6 hours back

            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. 💰 💰 💰

            • Shea Balden
              Shea Balden  6 hours back

              Heard a lot of noise recently about WOW air

              • Bob Jones
                Bob Jones  7 hours back

                It's called capitalism.

                • Fish Ed
                  Fish Ed  8 hours back

                  Because we teleporting now duh

                  • Alex Nezhynsky
                    Alex Nezhynsky  9 hours back

                    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 back

                      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  12 hours back

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

                        • Felix Taraiva
                          Felix Taraiva  12 hours back

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

                          • inkooh8
                            inkooh8  13 hours back

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

                            • Abhimanyu Bhardwaj
                              Abhimanyu Bhardwaj  13 hours back

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

                              • Hurley Law
                                Hurley Law  13 hours back

                                Pan Am:

                                “Are you challenging me?”

                                • koteswara Rao Parvataneni

                                  This video went viral for some reason.

                                  • TheOldSin
                                    TheOldSin  13 hours back

                                    The Otaku Era

                                    • Gautam Jain
                                      Gautam Jain  16 hours back

                                      You forgot jet airways

                                      • TheDark Knut
                                        TheDark Knut  18 hours back

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

                                        • Stuart Hollingsead
                                          Stuart Hollingsead  18 hours back

                                          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.

                                          • Yogesh Rao
                                            Yogesh Rao  18 hours back

                                            Airlines failing is not because it's in europe, In India many airlines have failed, Jet airways, Kingfisher, deccan, indian airlines, Air india, ambica, kalinga etc

                                            • Orka DRLJAČA
                                              Orka DRLJAČA  19 hours back

                                              usa is to blame

                                              • Rem
                                                Rem  19 hours back

                                                ok youtube stfu i'm gonna watch this video

                                                • vietimports
                                                  vietimports  19 hours back

                                                  airline bubble popping?

                                                  • Ryan Agnew
                                                    Ryan Agnew  19 hours back

                                                    Very informative peice, thank you

                                                    • The Dude
                                                      The Dude  19 hours back

                                                      Damn I start feeling bad for the companies in EU

                                                      • Abraham Zheng
                                                        Abraham Zheng  20 hours back

                                                        can you do a video about VLCC and ULCC

                                                        • Bitrey
                                                          Bitrey  20 hours back

                                                          Imagine hearing the pilot mid flight saying "I'm no longer the pilot"

                                                          • the Noscope 4 20 Dollars!

                                                            It's funny to me that I hear *profit* all the time but then suddenly their bankrupt. They gotta make like 2€ a month to get insolvent that fast. Shouldn't they have like millions of dollars backhand that would last entire lifetimes for other people?

                                                            • Tombomskiy
                                                              Tombomskiy  20 hours back

                                                              in europe the train is a better option

                                                              • Lil niglet
                                                                Lil niglet  20 hours back

                                                                Dude im not going to take a train from slovenia to Luxembourg its better to just fly

                                                            • USS Trekky
                                                              USS Trekky  21 hours back

                                                              “This video was made possible by Thomas Cook”

                                                              • Divereth
                                                                Divereth  21 hours back

                                                                Thanks dude, I'm about to board an European airline plane and it's October.

                                                                • Dipraj Tamang
                                                                  Dipraj Tamang  21 hours back

                                                                  Really love your videos.....
                                                                  Have you stop making videos on geographical problem's???
                                                                  I'm miss those videos....

                                                                  Anyway, lot's of love from Nepal🥰🥰🥰

                                                                  • The Xiarthos
                                                                    The Xiarthos  21 hours back

                                                                    Long story short, without all the crap: We're in a global recession, and probably soon Depression. There is no other reason for it. And if you look carefully, you will quickly find out that it affects other companies as well, not only airlines. Get your seatbelts ready. We will not recover easily from that next financial crash.

                                                                    • -
                                                                      -  21 hours back

                                                                      Why airlines are going bankrupt.

                                                                      Because they overcharge for economy and cram everyone in with very little leg room.

                                                                      • CHANGE_NICK
                                                                        CHANGE_NICK  22 hours back

                                                                        Sounds good to me. Just keep the promise.

                                                                        • Marshall Islands G
                                                                          Marshall Islands G  24 hours back

                                                                          Hearing the words Malaysian Airlines gives me the creeps.

                                                                          • Ashish Jindal
                                                                            Ashish Jindal  1 days back

                                                                            Jet airways - INDIA

                                                                            • mrdabbleswithpotion
                                                                              mrdabbleswithpotion  1 days back

                                                                              Look, I'm not about giving charity to weak businesses. To me the businesses should be let to run on their own, to which other critics would say I'm too laissez faire. If they fail, then they do. Absolute freedom, other than criminally illegal, also is not ideal, as certain practices would have adverse effects in possibly several markets & the economy. Though I'm not so strict, to say giving grants or financial support to businesses that are cultural, but you have be very, very careful with those things.

                                                                              It's so easy to attribute very soft (sometimes stupid) policies with me coz I primarily identify as liberal.

                                                                              • Mahek Tailor
                                                                                Mahek Tailor  1 days back

                                                                                In India 2 airlines collapsed into bankruptcy .

                                                                                • Jefferson Jefferson
                                                                                  Jefferson Jefferson  1 days back

                                                                                  Someone is a little pissed at losing a 900 million loan🙈

                                                                                  • Apte Varad
                                                                                    Apte Varad  1 days back

                                                                                    In India many airlines are also going shutdown due to money crisis
                                                                                    Like jet airways, Kingfisher and many more

                                                                                    • moutan100
                                                                                      moutan100  1 days back

                                                                                      The whole world will bankrupt soon

                                                                                      • Purpleoceangnome
                                                                                        Purpleoceangnome  1 days back

                                                                                        And they want to commercialize space. Just hope your Mars cruiser line doesn't go out of business before you get where your headed

                                                                                        • Wischmopps
                                                                                          Wischmopps  1 days back

                                                                                          Worst customer support of the world. Fuck you Airlines

                                                                                          • Lesbian Amazon Sister
                                                                                            Lesbian Amazon Sister  1 days back

                                                                                            This is a very well put together video, thank you

                                                                                            • Aman Panda
                                                                                              Aman Panda  1 days back

                                                                                              Kind of forgot to mention Asian airline collapses.

                                                                                              • Kalas Atwater
                                                                                                Kalas Atwater  1 days back

                                                                                                They have to lower their prices