How COVID-19 Broke the Airline Pricing Model

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Wendover Productions

Wendover Productions

3 роки тому

Learn complex topics simply by being one of the first 200 to sign up at Brilliant.org/wendover
Listen to Extremities at ExtremitiesPodcast.com
Buy a Wendover Productions t-shirt: standard.tv/collections/wendo...
Subscribe to Half as Interesting (The other channel from Wendover Productions): / halfasinteresting
UKposts: / wendoverproductions
Instagram: / sam.from.wendover
Twitter: / wendoverpro
Sponsorship Enquiries: wendover@standard.tv
Other emails: sam@wendover.productions
Reddit: / wendoverproductions
Animation by Josh Sherrington
Sound by Graham Haerther
Thumbnail by Simon Buckmaster
Select footage courtesy the AP Archive
References:
[1] www.iata.org/en/pressroom/pr/...
[2] corporate.ryanair.com/news/ry...
[3] www.tsa.gov/coronavirus/passe...
[4] travelskills.com/2017/10/31/a...
Musicbed SyncID:
MB01EIDFY1CAFLH

КОМЕНТАРІ: 2 000
@agentzorral3939
@agentzorral3939 3 роки тому
Finally back to his home, aviation.
@bahenbihen
@bahenbihen 3 роки тому
Finally something to make me less anxious
@AxxLAfriku
@AxxLAfriku 3 роки тому
GAGAGAGAGAGA!!! I watched this video and it is really not that good compared to my perfect videos. GAGAGAGAGA!!! This is NOT self-promotion! This is the reality! This is the world! We are the people! Don't disl****ke my vide*****s, my dear sam
@joaquinqueijo6086
@joaquinqueijo6086 3 роки тому
AxxL I’ve seen you everywhere and your disturbing
@skywastaken7300
@skywastaken7300 3 роки тому
Remember Me When You Blow Up Edit : Know Way
@thomasosborne4463
@thomasosborne4463 3 роки тому
Na bro, he will always be a brick guy to me
@vincevanderperre8660
@vincevanderperre8660 3 роки тому
Logistics, COVID and airplanes? The dream subject for Wendover Wendover if you see this: love your videos
@rileyhunter1374
@rileyhunter1374 3 роки тому
I don’t know
@rileyhunter1374
@rileyhunter1374 3 роки тому
Magic
@bernardomercado261
@bernardomercado261 3 роки тому
@@thekuygerian eye movements, duh smh😒
@hoytbenson6016
@hoytbenson6016 3 роки тому
The infinity gauntlet of Wendover’s existence
@sting2689
@sting2689 3 роки тому
@@thekuygerian It's a stock footage overlaid with footage that he filmed on another laptop.
@101Phase
@101Phase 3 роки тому
5:24 Shoutout to that sailing boat that did an emergency loop to avoid hitting the ferry
@def2004
@def2004 3 роки тому
Nice spot By the way, do someone know what is the name of that airport?
@bobbruce4135
@bobbruce4135 3 роки тому
Agree, but doesn't the sail boat have the right of way?
@meme-machine
@meme-machine 3 роки тому
Muhammad Daffa Nasdyansya Rasyad looks similar to Billy Bishop airport
@gassingmonkey
@gassingmonkey 3 роки тому
Definitely Billy Bishop Airport in Toronto, Ontario, Canada. Recognized it immediately when I saw it.
@PabloTejada
@PabloTejada 3 роки тому
I thought that was a bird like a seagull 😂
@brandonking1737
@brandonking1737 3 роки тому
Wendover 2018: How Airlines price flights Wendover 2020: How Covid broke pricing flights
@Julia-rm2vw
@Julia-rm2vw 3 роки тому
aviation industry: we cannot lower prices anymore ryanair: ~increase ads in airplanes~
@sirBrouwer
@sirBrouwer 3 роки тому
Wait Ryanair has the capability to show ads? But that costs money to be able to have a system to show ads. I thought that they only went for the most basic chair with out even a seat pocket because it's cheaper to not have any. The only reason they do have a tray table is to sell you water at triple value.
@Julia-rm2vw
@Julia-rm2vw 3 роки тому
@@sirBrouwer Yes, they do have the most basic chairs, it feels like traveling on a bus. They show ads the analog way, digital ads are too expensive! The doors for the overhead compartments all have ads printed on them, they sell lottery tickets on board, once they even tried to charge for the toilet. Ryanair planes are like a newspapers, if there is space available, you can put an ad there. I am surprised they haven't printed ads outside of the plane yet.
@JagdeepNagpal
@JagdeepNagpal 3 роки тому
@@Julia-rm2vw : they haven't printed ads outside of the plane yet. ryanair: quick... write that down.. write that down...
@sirBrouwer
@sirBrouwer 3 роки тому
@@Julia-rm2vwthat would require to much time at the paint shop. Stickers would add extra weight and drag so more fuel cost to a single trip. they could ad add space to the uniform of the flight crew. Like a sports jersey. a add on the front and back.
@fourstripes3322
@fourstripes3322 3 роки тому
@@JagdeepNagpal They actually have, some Ryanair Aircraft have advertisements/Stickers on them advertising Cities and other organisations
@FaithGaming11
@FaithGaming11 3 роки тому
Good to see the stock footage companies haven't been heavily affected
@vigilantcosmicpenguin8721
@vigilantcosmicpenguin8721 3 роки тому
They just need to Photoshop masks onto all of their footage.
@heanstone1327
@heanstone1327 3 роки тому
Vigilant Cosmic Penguin you cannot photoshop a mask that is for images and stock footage are vidoes so you need something like adobe after effects or final cut pro
@swaggaming2564
@swaggaming2564 3 роки тому
Hean Stone photoshop deez nuts
@fabianyt123
@fabianyt123 3 роки тому
@@heanstone1327 wow thank you for your insightful comment, where would we be without it
@couch9416
@couch9416 3 роки тому
Hean Stone who?
@yc7291_
@yc7291_ 3 роки тому
2:02 I see that stock footage lady is typing with her trackpad...
@jazzip
@jazzip 3 роки тому
Finally airlines will be more humble and give us our 2 free bags back.
@Rhaspun
@Rhaspun 3 роки тому
I wouldn't mind a couple inches of space.
@potatopotatoeOG
@potatopotatoeOG 3 роки тому
One can only hope
@bigtony77
@bigtony77 3 роки тому
no they wont lol. 'were in this together' they say, but i promise, in 5 years its back to screwing the customers.
@Rhaspun
@Rhaspun 3 роки тому
@@bigtony77 That's what happens when competition is cut down. They shouldn't have allowed the mergers than happen over the years.
@VonRix
@VonRix 3 роки тому
Hopefully not. I travel without luggage and resent having to pay for those that travel with 2.
@Bshue123
@Bshue123 3 роки тому
Sam, I don't want to alarm you, but there's this guy impersonating you on UKposts. Granted, his videos are Half as Interesting as yours are, but I thought you should know.
@feloniusgru9561
@feloniusgru9561 3 роки тому
Gold
@aryboss1514
@aryboss1514 3 роки тому
I get it
@Platyfurmany
@Platyfurmany 3 роки тому
And he covers the subject of bricks often, to throw the Feds off the real subjects.
@KeefeL
@KeefeL 3 роки тому
@@aryboss1514 here, have a gold star sticker sir!
@bushidobrown9857
@bushidobrown9857 3 роки тому
wow i just realized this and i've been watching both of "their "videos for like two years xD
@midievalcat7770
@midievalcat7770 3 роки тому
*cue David Attenborough voice* “here we see the Sam in his natural habitat, talking about planes”
@recklessroges
@recklessroges 3 роки тому
I can hear him!
@jamesc.2907
@jamesc.2907 3 роки тому
Airlines: "MAKE AMERICA PREDICTABLE AGAIN"
@noonedude101
@noonedude101 3 роки тому
As a pilot for a regional Airline, as much as I disparage Airline management, I have to thank American Airlines for two major reasons. They increased my flying to Florida destinations that I enjoy, and I have not been to New York in almost a year.
@ihavetowait90daystochangem67
@ihavetowait90daystochangem67 3 роки тому
The 19 in the name isn’t the year it was found, it was the cost of a ticket from NYC to London
@JohnZsAviation
@JohnZsAviation 3 роки тому
Yes lol.
@Marquis-Sade
@Marquis-Sade 3 роки тому
Is it really that cheap?
@kyirid
@kyirid 3 роки тому
Marquis no they’re actually free
@MajesticSkywhale
@MajesticSkywhale 3 роки тому
@@Marquis-Sade no. I flew from Newark to Las Vegas and back nonstop for $35 tho
@vigilantcosmicpenguin8721
@vigilantcosmicpenguin8721 3 роки тому
It's also the number of people on the flight.
@itaishufman8951
@itaishufman8951 3 роки тому
Wendover is probably single handedly financing the entire aviation stock video industry
@joseville
@joseville 3 роки тому
,😆😆😆
@edpowers3764
@edpowers3764 Рік тому
I work at an airline revenue management department and this guys videos on the airlines are spot on. I was actually part of the modelling efforts post Covid and we tried to predict the new demand signal. It was a very difficult problem. Now things are beginning to look normal again thank god!
@thedishonestjeffsokol2489
@thedishonestjeffsokol2489 Рік тому
hmmmm ok but what did you do for a living 20 years ago Ed Powers?
@obiwankenobi4252
@obiwankenobi4252 3 роки тому
Imagine if the computers broke so badly it ended up like oil I would like to travel to NYC Understandable, have $35
@sushanttripathee9010
@sushanttripathee9010 3 роки тому
😂😂
@potatopotatoeOG
@potatopotatoeOG 3 роки тому
Lol yes. I too would like to trace for near to nothing.. as I have near to nothing in regards to the American currency
@starcrafsf7101
@starcrafsf7101 3 роки тому
There is an absolute minimum cost for tickets. That would be factoring in the cost of operation for that flight. Divide the by the number of seats available and that makes it the absolute lowest cost per seat possible not sure what that would be but it would probably still be in the ballpark of around $150ish speculative.
@TheDuckofDoom.
@TheDuckofDoom. 3 роки тому
Oil didn't break, oil futures broke.(derivative based hedging and speculation, tradable contracts to buy/sell 1000 barrels at a fixed price and date in the future.) Basically for a certain delivery date, I recall it was April 2020, there were outstanding contracts for oil purchases, the normal users no longer needed the oil and most buy-side contract holder didn't have any way to take physical delivery or store it so they started selling there contracts, but nobody needed that much oil even if it was cheap so the price kept dropping until it was low enough to get the suppliers on the sell side of contracts to buy back the contracts. The actual daily spot price of oil only dropped a little, but not below production cost.
@Adi-ud8wi
@Adi-ud8wi 3 роки тому
Surprisingly, he didn’t roast Newark
@DominatingDrew
@DominatingDrew 3 роки тому
That's reserved for Half as Interesting
@nntflow7058
@nntflow7058 3 роки тому
They got new terminal now. That is why.
@VisibilityFoggy
@VisibilityFoggy 3 роки тому
@@nntflow7058 - New terminal or not, you're still in Newark.
@kevinsingh8035
@kevinsingh8035 3 роки тому
D 349 what about lagarbage?
@magical_catgirl
@magical_catgirl 3 роки тому
@@VisibilityFoggy and it's still United.
@FlyWithMe_666
@FlyWithMe_666 3 роки тому
Most important stuff related to planes in 2020: 1. Flight Sim 2020 2. Wendover ... 14. Actual planes and airlines
@Kriae
@Kriae 3 роки тому
I want a video of Wendover talking about MS Flight Simulator
@davidty2006
@davidty2006 3 роки тому
If sam actually played Flight sim to get background footage for his vids
@ThePanzer393
@ThePanzer393 3 роки тому
3. Mustard?
@lh7128
@lh7128 3 роки тому
it's like the chinese restaurant i went to today: they offer all-you-can-eat buffet, but they can only orient themselves on reservations. If fewer people reserve, they cook less, if more, they cook more. But what if there's a day no one reserves? maybe no one will come and they wasted tons of food. maybe everyone orders from the menu and the food gets wasted anyways. When suddenly a bunch of people come, the chefs can't cook fast enough as they had to compromise on personell and not enough waiters/ waitresses are present to attend every customer... just reserve as early as you can every time you can, it often is just a free call and a minute of time for much less problems for the places.
@wildfire9280
@wildfire9280 3 роки тому
did I detect a pun?
@entropyzero5588
@entropyzero5588 3 роки тому
That's why most of these "all you can eat"-type places require reservations and simply don't take walk-ins (at least for the AYCE offer).
@ajzebadua
@ajzebadua 3 роки тому
Really surprised to see so much "stock" footage of YYZ Toronto Pearson and YTZ Billy Bishop Toronto City Centre, Canada isn't usually used a lot in stock footage, especially when it's such an american-centric video using the American airline market. All the memes about Ryanair are spot on though lol
@epiccollision
@epiccollision 3 роки тому
AJ Zebadua its like all airport stock footage is Pearson, I see it so often lol
@ArielLVT
@ArielLVT 3 роки тому
Oh my god, you're right!
@sergej3665
@sergej3665 3 роки тому
And a lot of SVO as well!!!
@plmokm33
@plmokm33 3 роки тому
@@epiccollision I think maybe Pearson is just impressive looking as far as airports go. Plus it's cheap to film shit in Canada.
@wamsang7818
@wamsang7818 3 роки тому
"US COVID cases spiked" Northeast: *grabs popcorn*
@generpicado7838
@generpicado7838 3 роки тому
My state used to have the second most cases reguraly getting more than 4,000 cases per day and now we only got 300 new cases yesterday
@Marquis-Sade
@Marquis-Sade 3 роки тому
@JACKSON KUSTER So you state is doing a good job? Or at least a better job?
@QTheRabbit
@QTheRabbit 3 роки тому
@JACKSON KUSTER What State ya from? Here in Maine, we're doing surprisingly well, especially considering how few people I see actually wearing masks on a daily basis.
@TheAmazingCowpig
@TheAmazingCowpig 3 роки тому
JACKSON KUSTER lol, it's really weird just guessing how confident you were in your answers that you were from NJ. That said, you're not wrong, we're doing fantastic here in NJ, and the country-wide COVID spike when summer hit was really weird to watch. Everyone in the northeast just wondering "wtf, I thought we were done with this shit, what are the rest of you guys doing".
@wamsang7818
@wamsang7818 3 роки тому
@JACKSON KUSTER jokes on you I live in Mass, which has even less cases
@HyperLuigi37
@HyperLuigi37 2 роки тому
This probably explains something I found a couple nights ago that I thought was pretty extraordinary. I was looking for flights from Philadelphia to Tokyo. Not gonna be an easy or cheap trip no matter what, with a minimum of one layover - most likely in Los Angeles. Those were generally around $800-$1200. However, using Kayak I found a pretty extraordinary route. It used three short-term layovers, and managed to get the cost down to a mere $400. From Philadelphia to Las Vegas, an hour later from Vegas To Los Angeles, and an hour later from LA to San Francisco, followed by an overnight stay in SanFran, finishing off with a 1pm flight from SanFran to Tokyo. The total trip is 44 hours, although ~20 of them are spent off of a plane. I’m going to guess the reason for massive save in cost is the much lower demand for the individual legs of the trip, causing the overall trip to *half* in price.
@cheybat5390
@cheybat5390 3 роки тому
“The unimaginable” *cue montage of every epidemiologist saying the “it’s not if but when” line in a documentary from the last 100 years*
@thekuygerian
@thekuygerian 3 роки тому
2:02 how is the person typing?!
@feloniusgru9561
@feloniusgru9561 3 роки тому
oh shoot
@Kriae
@Kriae 3 роки тому
blood magic
@imcarlosjr4898
@imcarlosjr4898 3 роки тому
Mind control
@sMASHsound
@sMASHsound 3 роки тому
gremlins
@olpee
@olpee 3 роки тому
It is stock footage, originally having a green screen in place of an actual computer screen. Wendover then added suitable content there, as if the woman were googling something about planes.
@josephjackson1956
@josephjackson1956 3 роки тому
I saw the prices of flights from the US to Italy for $75 at the start of the pandemic.
@MezzoForte4
@MezzoForte4 3 роки тому
Holy shit, it'd literally die to go there at that price.
@balqisizham9601
@balqisizham9601 3 роки тому
@@MezzoForte4 lol
@MuzzaHukka
@MuzzaHukka 3 роки тому
I live in Tunisia, 100 miles south of Italy. Flights to Rome cost more than that. I would have loved to visit the US.
@MezzoForte4
@MezzoForte4 3 роки тому
@@MuzzaHukka I wouldn't visit the US right now. It's full of idiots who believe the virus doesn't exist.
@jimrockfish1875
@jimrockfish1875 3 роки тому
Same as Siberia
@mckenziemcmillan622
@mckenziemcmillan622 3 роки тому
Hi there - I'm a travel consultant, and previously worked in airline operations - I found this video fascinating and absolutely hit the nail on the head about how absolutely insane this situation is in the industry - I've forwarded this on to all my colleagues! Thanks!
@kcgunesq
@kcgunesq 3 роки тому
"failed to consider the possibility of the unimaginable". . .
@randomuser66438
@randomuser66438 3 роки тому
a.k.a get stick bugged
@spencerbrehhov8033
@spencerbrehhov8033 3 роки тому
Hearing him pronounce Ryan-air made me learn how a pause even as small as that can truly *break* a man's world view.
@oliverm1255
@oliverm1255 3 роки тому
Rip
@FarfettilLejl
@FarfettilLejl 3 роки тому
So difficult to include a time stamp?
@oliverm1255
@oliverm1255 3 роки тому
@@FarfettilLejl on mobile it is
@ailinos
@ailinos 3 роки тому
@@oliverm1255 it's not though. Just add @ followed by the time and UKposts will do it automatically. Eg @1:00
@randomuser66438
@randomuser66438 3 роки тому
@@ailinos No need for @
@gdogg3710
@gdogg3710 3 роки тому
Ryanair: 100% of that 96% occupancy hated absolutely every minute of it...
@rorytimms3703
@rorytimms3703 3 роки тому
You get what you pay for....
@inactive859
@inactive859 3 роки тому
Ryanair is one of the best cheap airliners so stop being a winy child
@Travianingmar123
@Travianingmar123 3 роки тому
@@inactive859 nah
@gdogg3710
@gdogg3710 3 роки тому
Zannels ...Michael...is that you???
@inactive859
@inactive859 3 роки тому
Chris Gee ?
@oshy06
@oshy06 Рік тому
Just stumbled upon your channel so I am late into the subject but I have to say your video resonates with me as I am a Demand Manager for an airline. It's been a nightmare to manage since the pandemic started and there are no trends whatsoever to help us manage our routes. Excellent videos!
@impaler514
@impaler514 3 роки тому
Very impressive video! I’m always blown away at how you are an expert in so many things and then you come back to aviation, the field I am a professional in, and am blown away at the accuracy of your videos. Great job explaining a very complex subject!
@abdul2ghani
@abdul2ghani 3 роки тому
All Wendover videos are detailed and thoroughly researched and well written - but THIS one was on a COMPLETELY different level... The nuances this video discusses, are brilliantly detailed. "Wow!" That's all I can manage to say! Wow!
@ryancombs7484
@ryancombs7484 3 роки тому
This is actually what I do for work. Almost everything is spot on. I’m a Director of Revenue for a large company.
@TrollPirate
@TrollPirate 3 роки тому
Is your name similar to the company's name? xD
@veeeeeeee9908
@veeeeeeee9908 3 роки тому
2:02 Lady moves her finger on the trackpad even though the screen shows stuff is being typed lmao.
@JosephAng
@JosephAng 3 роки тому
I love your aviation videos! This one was very well made as always.
@anakay1184
@anakay1184 3 роки тому
I had a flight from Moscow - Amsterdam - Quito. Both planes were mostly empty and I had to pay 1080 usd instead of the 400-900 usd I would normally pay. 3 previous flights were cancelled too. Flying during a pandemic is horrible.
@raahullsngh3631
@raahullsngh3631 3 роки тому
One day we will see WENDOVER AIRLINES🔥 😎😎
@samuelschonenberger
@samuelschonenberger 3 роки тому
There is a Wendover Airstrip somewhere in Utah
@armadillolover99
@armadillolover99 3 роки тому
Pinchie Alarm That’s actually gonna be the name: Half as Expensive. Unlike most budget airlines there will be screens, but only playing Wendover and HAI videos.
@pkmkb
@pkmkb 3 роки тому
This is the history lesson our kids are doing to learn for their final exams 😂😂
@grdprojekt
@grdprojekt 3 роки тому
I can't wait to see Sam launches his Wendover Airlines as a full service airline, and Half as Airworthy as the budget airline.
@zoltan902
@zoltan902 3 роки тому
5:17 mesmerising footage.
@taleseduardolima
@taleseduardolima 3 роки тому
Billy Bishop Toronto City Airport
@vondahe
@vondahe 3 роки тому
@@taleseduardolima Thank you! I was hoping someone had identified the airport which looks so weird I looked carefully to see if it was CGI.
@AdrianParsons
@AdrianParsons 3 роки тому
@@vondahe Lol. Love that comment. I live just a few blocks from there. Too many buildings in the way for me to see it from my place, but I used to work at a building that had a great view of it.
@Arkiasis
@Arkiasis 3 роки тому
@@taleseduardolima It's such a cool airport since you get a great view of downtown Toronto when landing or taking off. Then after you walk through a huge tunnel to get to Toronto, but then you're literally right in downtown. It's super neat. Closest example would be the old Meigs Field in Chicago. Hell, even when Meigs closed Billy Bishop was under pressure to close too. But the city decided against it and encouraged development. And today it's a neat little airport and very interesting.
@TheAviationChannel
@TheAviationChannel 3 роки тому
Captain Joe: *Teaches me about planes* Mentour Pilot: *Teaches me more about planes* Mustard: *Teaches me about the history of planes* DJ's aviation: *Teaches me about the future of planes* 74 Gear: *Teaches me about airplane movies and flight attendants* Wendover productions: *Teaches me about the aviation industry*
@VisibilityFoggy
@VisibilityFoggy 3 роки тому
CW Lemoine: Teaches me about TOMCATS!
@romainsavioz5466
@romainsavioz5466 3 роки тому
And 74 gear
@TheAviationChannel
@TheAviationChannel 3 роки тому
@@romainsavioz5466 thanks. I've edited it now 😆😅
@airizsyah3439
@airizsyah3439 3 роки тому
@@TheAviationChannel you should try Mustard channel too. High quality video content and great presentation.
@TheAviationChannel
@TheAviationChannel 3 роки тому
@@airizsyah3439 🤣i'm already on that too.
@sirholycow
@sirholycow 3 роки тому
Feels good to see another aviation video from you.
@whtiequillBj
@whtiequillBj 3 роки тому
very wonderful video! it's just the right length and doesn't let me feel like I have more questions than answers like from shorter videos.
@hayo7073
@hayo7073 3 роки тому
12:49 Did anybody else notice the mask on the plane? lol
@eevandersonn
@eevandersonn 3 роки тому
Hayo1706 YES I thought it was just me
@grahamturner2640
@grahamturner2640 3 роки тому
I found it funny. And the clip starts at 12:43.
@truthsupreme
@truthsupreme 3 роки тому
@@grahamturner2640 12:42 is more accurate
@nataliee5501
@nataliee5501 3 роки тому
Spraying toxic bleach everywhere. I am due to fly soon. Im taking lots of elemental silver with me.
@HasanProd
@HasanProd 3 роки тому
Searching through the comments for this!!
@grdprojekt
@grdprojekt 3 роки тому
8:14 This footage is used every single time in aviation related videos
@lesbert2712
@lesbert2712 3 роки тому
Great video! I almost passed on it, as I’m an airline pilot and MBA grad. (So, of course I think I know it all...😂) That was a great video, very informative and streamlined. I definitely learned a few new things. Well done 👏🏾 bravo!
@rallymaniac92
@rallymaniac92 3 роки тому
Cool seeing the Rhine bridge connecting Kehl and Strasbourg, a bridge I used to cross frequently by bike before the borders were closed in March.
@Logarithm906
@Logarithm906 3 роки тому
"how often was that seat next to you free?" The seats next to me could be free?
@benjaminrubash3078
@benjaminrubash3078 3 роки тому
When your actually studying to be a pilot and you put off homework to watch this :) sams the best
@campkira
@campkira 3 роки тому
... had second job ready since it about to paid a lot less..
@izrailas
@izrailas 3 роки тому
Why don’t you guys move to a different country? Where wages in the aviation sector are higher.
@thecrippledpancake9455
@thecrippledpancake9455 3 роки тому
Matthew K How can they afford to lay people off when commercial aviation competition is so low?
@BL-hw4mn
@BL-hw4mn 3 роки тому
ME
@RainCity3rd
@RainCity3rd 3 роки тому
@@thecrippledpancake9455 how can they afford not to? there are a fraction of normal flights now and estimates are that 2019 numbers wont be seen for 4 or 5 yrs...
@LaitoChen
@LaitoChen 3 роки тому
How do you even go about researching a topic like this?!?! This channel is great
@Nooticus
@Nooticus 3 роки тому
Exceptionally informative video. Thanks!
@Zoinkfwip
@Zoinkfwip 3 роки тому
Take a shot every time he says demand
@aidandaniels5366
@aidandaniels5366 3 роки тому
Me: sees airline in the title Also Me: clicks immediately
@aidandaniels5366
@aidandaniels5366 3 роки тому
Z Shieh lmaooooo
@anteeklund4159
@anteeklund4159 3 роки тому
I clicked before I saw it. I just saw Wendover and clicked
@DanyCesc83
@DanyCesc83 3 роки тому
good piece, all the information makes sense and adds up aside from the underlying details we just don't know about.
@poeticnation6251
@poeticnation6251 3 роки тому
Wow! Great video - Really enjoyed it (And learned a lot about the airline industry - Thank you for sharing).
@economicsinaction
@economicsinaction 3 роки тому
I'm not first, I'm not last, but when Wendover posts, I click fast
@michaelrichardson3834
@michaelrichardson3834 3 роки тому
you however were technically last at the exact time of writing your comment; the specification of your temporal coordinates weren't precise smh.
@hirvielain9013
@hirvielain9013 3 роки тому
@@michaelrichardson3834 You shall be my oracle for you are wise in the way of wisdom.
@noahy.9827
@noahy.9827 3 роки тому
Xd same
@kyirid
@kyirid 3 роки тому
Greedy comments fighting to be the most liked is a digital war zone
@noahy.9827
@noahy.9827 3 роки тому
@@kyirid ok :) you get a 👎 from me
@joshcass93
@joshcass93 3 роки тому
Love your videos dude, been watching for a couple years now and some interesting stuff. Nice to know there is someone who keeps us up to date on modern day problems
@xingyu1386
@xingyu1386 3 роки тому
This explained things to me. A couple of months ago, i was booking an important journey to uk. The price of the airline i booked was ridiculously normal while all other airlines had increased their price for more than 3 times. A few days later, my flight was cancelled with no replacement available, only a refund. Then a month later, the flight was available again but the price was like others 3 times more expensive. Now thinking about it, it may be the airline was switching between computer and manual pricing.
@mrnoedahl
@mrnoedahl 3 роки тому
Excellent video. I learned something I didn't know. Great job.
@Bonfiyah
@Bonfiyah 3 роки тому
TL;DR - Bada bing bada boom, fewer planes are going vroom
@vigilantcosmicpenguin8721
@vigilantcosmicpenguin8721 3 роки тому
Thanks, now I don't even need the video.
@grahamturner2640
@grahamturner2640 3 роки тому
It's funny that an airplane looked like it had a huge mask on in the clip at 12:43.
@juanfelipebarrientos1948
@juanfelipebarrientos1948 3 роки тому
Thank you Sam, great content.
@g0r3ify
@g0r3ify 3 роки тому
The footage @ 7:32 in the video is not Eagle County but my hometown Innsbruck. Love it!
@koalazzzzzz
@koalazzzzzz 3 роки тому
4:27 - What you tell her 5:34 - When she sees it
@shom7790
@shom7790 3 роки тому
Ryanair May have had 96% of its seats filled in 2019 but that amount on average probably went to 95% after their landings 😳
@RahulRoy-tg7bo
@RahulRoy-tg7bo 3 роки тому
Loved the video. Very informative.
@xiaoleichen3694
@xiaoleichen3694 3 роки тому
This guy can extract so many interesting topics from a seemingly boring industry. Amazing!
@robbags2118
@robbags2118 3 роки тому
The computer CALCULATES, but only the human brain COMPREHENDS. That's why.
@jimrockfish1875
@jimrockfish1875 3 роки тому
Interesting factor in the future of AI
@Dryblack1
@Dryblack1 3 роки тому
I thought it was funny when he said the computer got confused. Sounded like it was doing exactly what it was designed to do.
@lordknight7482
@lordknight7482 3 роки тому
When COVID hit I was more worried about no more wendover airplane videos then the Airplane industry.
@LoboLakerGaming
@LoboLakerGaming 3 роки тому
I love learning about an industry’s business model. I always find it interesting
@Dryblack1
@Dryblack1 3 роки тому
Computer: *Does exactly what it's designed to do* Wendover: "...which confused the computer even more"
@TheEDFLegacy
@TheEDFLegacy 3 роки тому
Wendover Productions: "How COVID-19..." UKposts: "DEMONITIZED!!!!"
@Kriae
@Kriae 3 роки тому
Wasn't that only at the beginning of the pandemic?
@E1craZ4life
@E1craZ4life 3 роки тому
I think the sponsorships negate the need for ad revenue.
@TheEDFLegacy
@TheEDFLegacy 3 роки тому
I know, I was kidding anyway. 😅 Simon used to gripe about it.
@Zyo117
@Zyo117 3 роки тому
Allegedly
@TheEDFLegacy
@TheEDFLegacy 3 роки тому
@@Zyo117 😂
@Wolfereign
@Wolfereign 3 роки тому
All I got from this is the airlines have been price gouging us for years.
@wvance0316
@wvance0316 3 роки тому
That's because he oversimplified it and gave you the wrong interpretation. You see the high price here and low price there and think you got screwed. But the airlines are operating on thin margins and they broke even. Airlines can literally go bankrupt if they book a bunch of flights in advance and the price of gas changes too much. The reason prices have gone down is not because you are getting a fair rate, it's because the airlines are fucked because they already set up the flights and are now committed to them. Imagine if you booked a band and right after you turned down other potentially profitable bands, this band gets into a publicity shit show and now you won't be able to fill your seats and cover the cost of maintaining the stadium. Option A is that you take a full loss, option B is you cut ticket prices to try to cover as much loss as possible and hope you can make it up later with a more successful group. Option B lets you recover without having to gouge later or get lucky by getting a super high demand gig. I can make it even simpler for you, imagine you can't pay rent and are counting on the government to keep you from getting kicked out. You can either pay what you can or spend it elsewhere, but when the government says evictions can happen again you will have to pay the full amount you owe to prevent getting evicted. That's the airlines right now, they can either go tits up when the bills are due and they didn't make a dent in it or try to make it possible to survive the storm by giving you a discount now and covering some of their committed costs.
@blkdimnd
@blkdimnd 3 роки тому
Also important to note (that was left out) about the Eagle County flight is the main reason travelers would pay such a high premium for this particular flight in January. Skiing. Eagle is close to dozens of amazing resorts including, obviously, Vail.
@UKinQ8Gaming
@UKinQ8Gaming 3 роки тому
I love how half interesting these videos are ❤
@gabrieljohndusing7697
@gabrieljohndusing7697 3 роки тому
5:17 I believe that's Toronto's Billy Bishop airport.
@RaymondHng
@RaymondHng 3 роки тому
You got it. goo.gl/maps/ZgLeU5qu1YPWJGXj8
@marsgal42
@marsgal42 3 роки тому
It is. I've flown there.
@FingeringThings
@FingeringThings 3 роки тому
Not even a pandemic can stop Wendover from making his plane videos
@robelhabte1927
@robelhabte1927 3 роки тому
Finally a new video from Wendover. YOU’VE BEEN SLACKING BRO
@cristinaf3844
@cristinaf3844 3 роки тому
This was fantastic. Entertaining and educational.
@lukas3606
@lukas3606 3 роки тому
COVID-19: I broke the airline industry Wendover: And where did that bring you? Back to me.
@VolpeWhereAreYou
@VolpeWhereAreYou 3 роки тому
Cant wait for things to go back to normal
@MChagall
@MChagall 3 роки тому
When we can travel to India again for some Biryani am I right?
@fuckfuckfuckityfuck
@fuckfuckfuckityfuck 3 роки тому
It's not going back. They say new normal for a reason.
@danmoss1685
@danmoss1685 3 роки тому
There is no going back. This is the start of the new normal.
@sagacious03
@sagacious03 3 роки тому
Neat video! Thanks for uploading!
@Brandonian
@Brandonian 3 роки тому
When I look back at this disaster, back in March...the outbreak was declared. At least in my part of the world. It was really scary seeing the world go quiet one city at a time. I was working during that phase of the outbreak. And I am very thankful to still be working as we get thru this crisis. Everything mentioned in this video, I feel like this video is a really informative analysis on what’s happening in this industry. It’s crazy that people are still traveling about. I get it, we all gotta do things in life. Work. Projects. School & homework. Money to make. Deals to make. Family to see and take care of. Friends too. Contracts to honor. I understand, that’s how the world works. But in your travels everyone, be safe! Be sound! Look after each other. Have a great time! And get to your destination safely and let’s do our best to make the most of our really crazy 2020!
@ipeeeky
@ipeeeky 3 роки тому
2:02 that woman using her mind to type
@Zyvo2
@Zyvo2 3 роки тому
Government: The Hospitals don't need PPE, fund the Airlines! Everyone Else: F the Airlines, we need medicine.
@duckmeat4674
@duckmeat4674 3 роки тому
@Porcupine yeah qantas has
@infoprod7731
@infoprod7731 3 роки тому
im still surprised that second thought and wendover didn't fight yet
@TheDuckofDoom.
@TheDuckofDoom. 3 роки тому
@Porcupine Its more complicated than a simple bailout anyway. Airlines as businesses have traditionally been regulated and restricted almost to communist levels.(This started in the 20s and 30s, the airline "deregulation" circa 1980 removed the government granted monopoly of routes and gov approval of seat prices and schedules.) Just adding a new route or changing the model of airplane on a route, requires a huge stack of paperwork and government approval of the paperwork. Scheduled routes and carriers are restricted different from charter carriers or commuters. Same 767, same route, same number of passengers, but one can just calculate a flight plan and go while the other must jump through a bunch of hoops that can take weeks. (and the passenger would never know which they are actually on as the charter could be contracted to handle overflow for the scheduled airline and even have matching paint.) And if an airline doesn't agree to have its fleet conscripted for war use they won't be granted a certificate to do business, which is both a financial risk from the airline side and from the government side they need to calculate that transport ability into defense strategy and cost. (They can't commandeer an airline that has gone out of business.)
@duckmeat4674
@duckmeat4674 3 роки тому
@Porcupine American Airlines, southwest, united, and delta
@gonzahe1983
@gonzahe1983 3 роки тому
That transition was very smooth.
@tedchou12
@tedchou12 3 роки тому
I always liked how Sam can link the topic to his sponsors in the end.
@ansonek2343
@ansonek2343 3 роки тому
Yay, another airline video
@varunkamble97
@varunkamble97 3 роки тому
We are back to the airlines 🔥
@imcarlosjr4898
@imcarlosjr4898 3 роки тому
varun kamble 🔥
@ksoman953
@ksoman953 3 роки тому
As a regular business traveler, I know this, but there's something very therapeutic about hearing it all laid out in a sane statistical fashion by somebody smart like you all :)
@sertaoexpedicoes
@sertaoexpedicoes 3 роки тому
Great content, as usual.
@stranger21ny
@stranger21ny 3 роки тому
Amazing as always. I am an airline worker and we are really struggling 😪
@Codenamex47
@Codenamex47 3 роки тому
Ugh everything associated with this virus is so depressing.
@normang3668
@normang3668 3 роки тому
I disagree. The airline industry taking a massive hit is good news when it comes to the climate crisis.
@frankib8620
@frankib8620 3 роки тому
@@normang3668 aaa gaay.
@frankib8620
@frankib8620 3 роки тому
@Red Line XD i agree
@frankib8620
@frankib8620 3 роки тому
@@normang3668 Ok Greta calm down
@normang3668
@normang3668 3 роки тому
@@frankib8620 Not a fan of facts, huh?
@MbfLproductions
@MbfLproductions 3 роки тому
Holy hell that was informative! Thanks!
@brantisonfire
@brantisonfire 3 роки тому
I work for delta. Just got hired in December and my hope for a potential career is completely dashed, a lot of employees, around 17000, took an early-out package. Plus many more are taking extended leaves of absence. Hopefully our station doesn’t see any furloughs, because that goes by seniority.
@portion1411
@portion1411 3 роки тому
Ah yes viruses breaking computers, when have I heard this before?
@eugeneruby433
@eugeneruby433 3 роки тому
Maybe it's the half pint of vodka I've had, but this video taught me exactly one thing: I can't understand aviation marketing dynamics. Lol
@BL-hw4mn
@BL-hw4mn 3 роки тому
I think the point of the video is that no one can, at least in our current situation - not even the airlines or their computers
@jimrockfish1875
@jimrockfish1875 3 роки тому
Keep drinking, it won’t matter
@RayleighCriterion
@RayleighCriterion 3 роки тому
At 5:16 the airport shown is Billy Bishop Airport CYTZ in Toronto which has the distinction of having the shortest regular ferry service in the entire world.
@peterfmodel
@peterfmodel 3 роки тому
Excellent video and very accurate.
@jameshenthorn238
@jameshenthorn238 3 роки тому
“COVID has turned the job of those in revenue management at airlines closer to an art than a science.” God that’s beautiful.
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