Why So Many Airlines are Going Bankrupt

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  • Published: 08 October 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

Comments • 4 092

  • Nino Villaflor
    Nino Villaflor  2 days back

    airberlin won the zero emission award in the year 2020

    • Jeffrey Meng
      Jeffrey Meng  2 days back

      Has anybody else clicked on this video after watching it previously because the red cover image hid the youtube red watched bar on the bottom?

      • CloutMuzik Beats
        CloutMuzik Beats  2 days back

        Wendover Airlines

        • WarMike_1
          WarMike_1  3 days back

          Didn't you forget one of Russia's biggest airlines, that had transatlantic flights, Transaero?

          • ignika98
            ignika98  3 days back

            It's pronounced "sihpriuht" not "chipriot".

            Although I'm glad to see larnaca airport getting some representation.

            • MrAsap2000as
              MrAsap2000as  3 days back

              Cuz it's more profitable to have monopolies, obviously.

              • Itsme Alex
                Itsme Alex  5 days back

                GUYS THE DOLPHINS BEAT THE COLTS!

                • Danny Gamer
                  Danny Gamer  7 days back

                  For anyone wondering about the palma to manchester, they booked them flights from Manchester and Liverpool to Belfast international and Belfast city, and some went to stranard/ cairnryan in Scotland and got the boat to Belfast and Larne with P&O ferries and Stena Line

                  • Eugen Barbula
                    Eugen Barbula  1 weeks back

                    It all began on the 9.11.2001, exactly 19 years after I was born, but one day you will understand the whole truth of this, it's origins even go back to the ancient maya civilization and their special number and kalender systems.

                    • Albatross_5000
                      Albatross_5000  1 weeks back

                      what really happens is; alot of planes gets repainted and it gets more costly to fly

                      • vijay agroya
                        vijay agroya  1 weeks back

                        Jet airways?

                        • Joe Patroni
                          Joe Patroni  1 weeks back

                          Long Live the Legacy Carriers. To hell with those low cost POS walmart buses.

                          • MrLucasm7
                            MrLucasm7  1 weeks back

                            Hey Wendover! Germania also went bankrupt :)

                            • Leon Liang
                              Leon Liang  2 weeks back

                              Can we get a “opposite” video that discuss how new airlines are started?

                              • Sourya Mookerjee
                                Sourya Mookerjee  2 weeks back

                                You missed Jet Airways, the mother of airline collapse in 2019

                                • Petra44YT Nein!
                                  Petra44YT Nein!  2 weeks back

                                  I took a flight with Air Berlin one week before they stopped operations. This was on a Dash, from Düsseldorf to Nürnberg. And there were only about 10 passengers on board! (I assume the others went by car or train, but I decided to risk it.)
                                  No more hearts when flying ... I still have my last one, though :-)

                                  • Roset828
                                    Roset828  2 weeks back

                                    Why so many *European airlines are going bankrupt

                                    • Ashutosh Anand
                                      Ashutosh Anand  2 weeks back

                                      You forgot Jet Airways

                                      • Sam Federman
                                        Sam Federman  2 weeks back

                                        5:15 wan*** in a leeds united kit

                                        • Chuck Tomney
                                          Chuck Tomney  3 weeks back

                                          2:55 that explains why most flight reviewers are european (think FlightExperiance, Aviation 18)

                                          • Joe Fran
                                            Joe Fran  3 weeks back

                                            Perfect video to watch before my flight

                                            • The Netherlands
                                              The Netherlands  3 weeks back

                                              Even Boeing will go bankrupt.

                                              • NavySeal 168
                                                NavySeal 168  3 weeks back

                                                Lol Malaysia Airlines also almost bankrupt

                                                • Rahul Dev ETT
                                                  Rahul Dev ETT  3 weeks back

                                                  Nobody mentioning JetAirways, like India isn’t Europe, actually.

                                                  • Luke Alley
                                                    Luke Alley  3 weeks back

                                                    I'm not typically one to circle jerk about the UK, but the CAA is really cool.

                                                    • Multikalwin
                                                      Multikalwin  3 weeks back

                                                      The real question is how can a company that still pulled in a couple hundred million dollars in profit, while not as much as it once made, be failing company?

                                                      Oh that's right. It's not about profit, it's about investment and growth. Humanity allows the success of its economy to be driven by how much 1% of the populations investments made. This economic weapon of mass destruction known as "Wall Street." The oligarchs make money when is succeeds and make money when it fails.. Win Win for them. Pain and suffering for the rest.

                                                      • John Hyndman
                                                        John Hyndman  3 weeks back

                                                        One more reason, the elephant in the room that everyone is afraid to say: The influx of non-European immigrants have destroyed tourism in many formerly popular destinations, such as Paris and London.

                                                        Similarly, the homeless problem in San Francisco has basically wiped out it's value as a travel destination. Who wants to step in human waste and syringes while lunatics scream at you?

                                                        • skelos gaming
                                                          skelos gaming  2 weeks back

                                                          @John Hyndman that's cute. You don't recognize the irony.

                                                        • John Hyndman
                                                          John Hyndman  2 weeks back

                                                          @skelos gaming Have fun stepping in poop! I hope a HIV+ syringe sticks you.

                                                        • skelos gaming
                                                          skelos gaming  2 weeks back

                                                          To get away from you, elitist.

                                                      • qkhanhpro
                                                        qkhanhpro  3 weeks back

                                                        I wonder if normally, EU Airlines can rent the Aircraft to APAC Airlines in their low season? They already done that? They can not do that? Or APAC Airlines simply have no interest?

                                                        • Amish Agarwal
                                                          Amish Agarwal  3 weeks back

                                                          Have you heard of Jet Airways? Its a good topic for one of your videos...

                                                          • Federico Divino
                                                            Federico Divino  3 weeks back

                                                            You didn't mention Alitalia 😂

                                                            • ChineseKiwi
                                                              ChineseKiwi  3 weeks back

                                                              THAI gonna go down soon!!!

                                                              • Dzung Long
                                                                Dzung Long  3 weeks back

                                                                why are Asian airlines not as seasonal as European and American airlines? I am pretty sure we also travel a lot more during summer

                                                                • Billy Bright
                                                                  Billy Bright  3 weeks back

                                                                  Plane

                                                                  • Suraj Grewal
                                                                    Suraj Grewal  3 weeks back

                                                                    serve southern hemisphere during low sale season.

                                                                    • Melvin Gehteuchdochnixan

                                                                      because they are selling the illusion that you can fly to anotger country for a 2 digit price.

                                                                      • Daimaou broww-sama
                                                                        Daimaou broww-sama  3 weeks back

                                                                        Here in Belgium thomas cook was actually profitable but it still had to shut down :(

                                                                        • Addaguduri Anand
                                                                          Addaguduri Anand  3 weeks back

                                                                          Please try to provide some analysis of why "JET AIRWAYS" had collapsed.

                                                                          • fartuar
                                                                            fartuar  3 weeks back

                                                                            5:31 I like the #ThomasCook hashtag when announcing bankruptcy

                                                                            • tommy
                                                                              tommy  3 weeks back

                                                                              cant forget when the German Wings stopped flying.

                                                                              • FranzJosephVonHier
                                                                                FranzJosephVonHier  3 weeks back

                                                                                What about Jet Airways tho? Or Asiana which is always close to dying? Aviancia Brazil going over board?

                                                                                • SliceOfPotato
                                                                                  SliceOfPotato  3 weeks back

                                                                                  RIP Wow

                                                                                  • Jerry Martin
                                                                                    Jerry Martin  3 weeks back

                                                                                    I'm gonna leave this F here for the fallen airlines

                                                                                    • A B
                                                                                      A B  3 weeks back

                                                                                      What are you? A student? A professor? A researcher? Please let us know your credentials

                                                                                      • Jigaboo
                                                                                        Jigaboo  3 weeks back

                                                                                        Maybe more people are migrating to Europe than people leaving for tourism? hrmmmm

                                                                                        • chirag shetty
                                                                                          chirag shetty  3 weeks back

                                                                                          U missed Jet Airline. Bigger then all of them .

                                                                                          • Murtuza
                                                                                            Murtuza  3 weeks back

                                                                                            Whoever has vacant planes lying around please lease it to india. We are always short on flights here.

                                                                                            • Alex Mirz
                                                                                              Alex Mirz  3 weeks back

                                                                                              1:00 “Chipreot carrier” bro wtf

                                                                                              • matyan
                                                                                                matyan  3 weeks back

                                                                                                Malaysia Airlines also going bangkrupt..it ''technically bangkrupt'' as of 2019.now looking for buyer.