Why So Many Airlines are Going Bankrupt

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WesternPlanes - Heathrow 2020
COVID 19: I'm gonna end this mans whole career
Sean Walsh
Sean Walsh - 5 days ago
Thomas Cook had the best livery of any airline.
Change my mind
Harshiv Kanha
Harshiv Kanha - 5 days ago
Hi, Could you speak a little more slower ? The speed causes mind jam while taking in new information.... Thank you
Kevin McMahon
Kevin McMahon - 7 days ago
QANTAS will never go bankrupt, for it owns its aircraft. Nealy all other airlines lease their 'planes via deals with the manufacturers. Most airlines make money by ticket sales, whereas QANTAS has long haulage contracts with major corporations. Since it has never had a crash, their insurance costs are very low.
Metadragon
Metadragon - 8 days ago
That didn't age well.
GuppyPal
GuppyPal - 10 days ago
All of the bankruptcies in 2019 and the ones that are occurring and will occur in 2020 will ultimately make the survivors stronger as they will have less competition. Airline travel was set to increase substantially over the next 10 years before cv-19 hit... I think business will pick back up in a year or two and the industry will continue to grow.
Redsunns
Redsunns - 14 days ago
You should make a Part 2 now. Why So Many Airlines are Going Bankrupt (Part 2 - The Covid-19)
Redsunns
Redsunns - 13 days ago
@Tylergube616 oh yah. watched it. LOL
Tylergube616
Tylergube616 - 13 days ago
He basically did a month ago...
Spectre
Spectre - 15 days ago
So this means to summary up. It's because the rising up of fuel and putting some cheap flights??
Zombiefied Gaming
Zombiefied Gaming - 16 days ago
2020 is the year of absolute purge
Mister X
Mister X - 16 days ago
that takeoff at 5:04 is kinda weird...
Silvio Nunez
Silvio Nunez - 22 days ago
NO FURTHER ACTION NEEDED:
No worries, Corona Virus COVID 19, just nail the final coffin to these company's issues and problems.
Karol Vesely
Karol Vesely - 25 days ago
You don't get it? NWO is destroying Airlines! NWO low esteem leaders hate when people are happy and travel!!! People must by so disguise like they are!
Vojta Pokorný
Vojta Pokorný - 26 days ago
Wendover: 2019 was the year of slaughter
2020: hold. my. beer.
Matt James
Matt James - 27 days ago
Why airlines go bankrupt?
Coronavirus.
Video over.
Matt James
Matt James - 26 days ago
@Hairo Aguilera r/whoooooooosh
Hairo Aguilera
Hairo Aguilera - 26 days ago
This was before COVID-19
Coog
Coog - 27 days ago
treating people like prisoners and raping their wallets I say good riddance
Hairo Aguilera
Hairo Aguilera - 26 days ago
There were low cost airlines, though
Quick Silver
Quick Silver - 29 days ago
Ahead of it's time
Ritzy
Ritzy - Month ago
And the 2020 airline price tag..... $0 hehe
Manoj barial
Manoj barial - Month ago
Jet Airways also got bankrupt in 2019 it was also a very huge
Airline it flew to Europe North America Asia
zenixlo
zenixlo - Month ago
Rip Flybe
Richi_Boi
Richi_Boi - Month ago
If 2019 Is the year of slaughter what will be 2020?
Hayden Smith
Hayden Smith - 28 days ago
Richi_Boi Massacre.
The Pathogenic Ruler
The Pathogenic Ruler - Month ago
I strongly believe that there are too many airlines then there are people to use them.
Lion Aviation
Lion Aviation - Month ago
I'm calling Norwegian going under by October. rip flybe
Ellysha D.
Ellysha D. - Month ago
We will never forgive all the plane
The most helping all people in the world is Thomas cook the top 10 oldest plane
Sarah Hughes
Sarah Hughes - Month ago
The morning of Thomas Cooks collapse I was due to go on holiday with my sister - all that timing and planning was ruined - least I got my money back
Cal Commercial Insurance
Come March, that's when the airlines have cash flow issues, because that's when the coronavirus season begins. And that's because nobody wants to fly anywhere, and no one has the money to fly anywhere because they are all unemployed waiting for promises from the government that will never be fulfilled.
Hairo Aguilera
Hairo Aguilera - 26 days ago
By March is when countries have closed their borders. In February is when people travelled because we thought COVID-19 wasn't as serious as it really is
Cal Commercial Insurance
CORRECTION: 2020 was the year of slaughter.
EVERY AIRLINE stopped flying
Michael Richardson
Michael Richardson - Month ago
*Coronavirus* likes this.
Hyp3rR4lph
Hyp3rR4lph - Month ago
flybe got killed then South African Airways rip good airlines
Darth Reaper
Darth Reaper - Month ago
"2019 was the year of slaughter"
*laughs in 2020*
Özgür Ak
Özgür Ak - Month ago
In the long run, it may be more beneficial to let the companies go bust when they do and let the industry learn from it to allow for more resilient companies within an industry than to keep honouring failure with tax payers money.
Martin Barr-David
Martin Barr-David - Month ago
Virgin Australia gone bust.
Sid Sed
Sid Sed - Month ago
Actually they got fed up of this nonsense business, so they do declare bankruptcy to get rid of it swiftly!
Hairo Aguilera
Hairo Aguilera - 26 days ago
Source?
InfiniteTimelapses
InfiniteTimelapses - Month ago
I know why airline companies go bankrupt in my country


Corruption😂
A Random Guy
A Random Guy - Month ago
K0R0NA VIRUS
Helen F
Helen F - Month ago
Thomas Cook’s decline was not just the airline, it was a 178 year Tour Operator. There was only one flight due out that night that did not go. And the CAA only intervenes with package holiday collapses.
fadrium
fadrium - Month ago
9/11 bring down and affected many airlines, I interested to see post covid-19 impact on airlines around the world.
cadavernl nee
cadavernl nee - Month ago
This video is 1 year too early for a complete different answer.
DaNuke26 ROBLOX
DaNuke26 ROBLOX - Month ago
9:48 oh hey, Wendover predicted FlyBe's bankruptcy.
卓建忠
卓建忠 - Month ago
pls. think. diseal. in. budget. liners
Tyler Lund
Tyler Lund - Month ago
Lmao they in trouble now
jfsa380
jfsa380 - Month ago
You called it. FlyBe
Yoshi Green
Yoshi Green - Month ago
i love how this video is dated in just 5 months. it is 2020 when i am writing this comment and this year has been the worst year for the aviation industry in history.
Davide Colonna
Davide Colonna - Month ago
0:06 that line did not age well
Akshatha
Akshatha - Month ago
what abt jet airways
Bobby Ongsueco
Bobby Ongsueco - Month ago
4,501st april 6 2020 10:53am philippine time.thanks for the video
Jorge Risk
Jorge Risk - Month ago
No mention of Stock Buybacks? Hmm...
Wendy's Twitter
Wendy's Twitter - Month ago
He predicted the future on this channel TWICE. With this video, and “How to stop an epidemic”
ANGEL HERNANDEZ
ANGEL HERNANDEZ - 2 months ago
If only we could’ve predicted March/April 2020.
Ascended ARK Gaming
Ascended ARK Gaming - 2 months ago
*flybe exists*
Coronavirus: so you have chosen death
con
con - 2 months ago
"the aviation industry was flying high." a couple months later and nope. we lower than low
BeachBot 3000
BeachBot 3000 - 2 months ago
Well you couldn’t say it more during Coronavirus.
CTO Information
CTO Information - 2 months ago
because Europe is getting poorer and East Asia is getting richer.
Isla Stewart
Isla Stewart - 2 months ago
can we get an f in the chat for all the airlines
Lucas Paul
Lucas Paul - 2 months ago
Atlas Global is Insolvent to😂
Lucas Paul
Lucas Paul - 2 months ago
And now fly be
pojke
pojke - 2 months ago
They didn’t know what was coming in March 2020
Rocketmansv Salvador
Rocketmansv Salvador - 2 months ago
Fast forward to 2020, we now have a clear and definitive answer: COVID-19
Keijay Huang
Keijay Huang - 2 months ago
This aged well
drsiiiiin
drsiiiiin - 2 months ago
can i get the name of the background music?
Justin Thyme
Justin Thyme - 2 months ago
2019: So many airlines went bankrupt!
2020: meh, hold my beer..
Roy Chan
Roy Chan - 2 months ago
Why airline go bankrupt?
Before 2020 : No cash flow, irregular passenger, too many planes....
After 2020: C_ _ _ _ Virus
kfc jet
kfc jet - 2 months ago
oh oh oh another reason is coronavirus!!!
Abby Collins
Abby Collins - 2 months ago
This either aged well or poorly.
Uke Yaoi Trash
Uke Yaoi Trash - 2 months ago
This title *really* didnt age well
turbofan450
turbofan450 - 2 months ago
"2019 was the year of slaughter".
2020: hold my corona beer
somanath tarikere
somanath tarikere - 2 months ago
They do not go bankrupt. The investor divert their profit to some other business and keep small amount for operation of their fleets. During lean period they can not make more profit. Hence bankrupt. It is unethical business. In India one example is Jet airways. Govt works for bailout by taking tax payers money. That is how poor people become more poor and rich people become filthy rich. Socialism is for rich people because government supports by putting tax payers money for bail out. For poor people capitalism so that if you survive ok otherwise die.
Manuel Seet
Manuel Seet - 2 months ago
Who is here after corona?
Everything's Alright
Everything's Alright - 2 months ago
stop predicting the future
Matthew Rinehart
Matthew Rinehart - 2 months ago
Imagine covid 19 comes and shuts this down and us pumps 500b into it
Jual Musang
Jual Musang - 2 months ago
New answer: CORONA VIRUS
Satan
Satan - 2 months ago
A rich decadent, multinational, no loyalty to a nation state company, highly polluting business going belly up?
I don't care. never flew and never want to. For some reason going on a holiday twice a year by plane makes people whine about climate change and feel superior.
Indrid Cold
Indrid Cold - 2 months ago
When a company pays their worthless CEO 400 million pounds annually, the odds of that company failing are going to be quite high. With such a bad business decision to pay their CEO that much, it is obvious that a lot more bad business decisions are going to be made. Add to this that jets offer the worse possible experience in travel and they are going to fail.
John
John - 2 months ago
Wendover: “The Last 5 years of the airline industry have been the most profitable...”
Covid19: “I can fix that”
Miles Huff
Miles Huff - 2 months ago
0:22 This didn't age well lmao
Thanks Corona
Vegardo Da Vinci
Vegardo Da Vinci - 2 months ago
This is sooooo ironic now
Shinta Kikuchi
Shinta Kikuchi - 2 months ago
Short 2020 answer:

It’s Corona time:(
cybersquire
cybersquire - 2 months ago
Sam, as usual, was about 6 months ahead of the curve.
DedSecWD MY
DedSecWD MY - 2 months ago
How the heck my country airline get in the video (Malaysia Airlines)?
Panzers
Panzers - 2 months ago
Oct 9, 2019 : "The last 5 years have been the most consistently profitable and financially successful years ever for the world's commercial airlines"
March 2020 : "Biggest drop in demand in the history of aviation"
Andrew Hetherington
Andrew Hetherington - 9 days ago
The calm before the storm
LegendMeadow
LegendMeadow - 28 days ago
@jessimatic What are you on about? A worldwide pandemic forces people to stay home and not travel, and you're blaming capitalism for the lack of air travel? Besides, mass-scale commercial air travel would NEVER have existed without capitalism, it would only be available to the elite and politicians under socialism, just as was the case in the Soviet Union.
Jason Dashney
Jason Dashney - Month ago
@jessimatic So in a non-capitalist place airlines would be able to sustain themselves? Communists still get paid, ya know.
jessimatic
jessimatic - Month ago
Haha, isn't capitalism great! It's such a stable provider of happiness!
Michael Richardson
Michael Richardson - Month ago
Pulled a little sneaky on ya.
Louden Rangel
Louden Rangel - 2 months ago
The aviation industry is flying high then 2020 came along
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