How COVID-19 Broke the Airline Pricing Model

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Wendover Productions

Wendover Productions

3 жыл бұрын

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
KZfaq: / 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

Пікірлер: 2 000
@agentzorral3939
@agentzorral3939 3 жыл бұрын
Finally back to his home, aviation.
@bahenbihen
@bahenbihen 3 жыл бұрын
Finally something to make me less anxious
@AxxLAfriku
@AxxLAfriku 3 жыл бұрын
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 жыл бұрын
AxxL I’ve seen you everywhere and your disturbing
@skywastaken7300
@skywastaken7300 3 жыл бұрын
Remember Me When You Blow Up Edit : Know Way
@thomasosborne4463
@thomasosborne4463 3 жыл бұрын
Na bro, he will always be a brick guy to me
@FaithGaming11
@FaithGaming11 3 жыл бұрын
Good to see the stock footage companies haven't been heavily affected
@vigilantcosmicpenguin8721
@vigilantcosmicpenguin8721 3 жыл бұрын
They just need to Photoshop masks onto all of their footage.
@heanstone1327
@heanstone1327 3 жыл бұрын
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 жыл бұрын
Hean Stone photoshop deez nuts
@fabianyt123
@fabianyt123 3 жыл бұрын
@@heanstone1327 wow thank you for your insightful comment, where would we be without it
@couch9416
@couch9416 3 жыл бұрын
Hean Stone who?
@101Phase
@101Phase 3 жыл бұрын
5:24 Shoutout to that sailing boat that did an emergency loop to avoid hitting the ferry
@def2004
@def2004 3 жыл бұрын
Nice spot By the way, do someone know what is the name of that airport?
@bobbruce4135
@bobbruce4135 3 жыл бұрын
Agree, but doesn't the sail boat have the right of way?
@meme-machine
@meme-machine 3 жыл бұрын
Muhammad Daffa Nasdyansya Rasyad looks similar to Billy Bishop airport
@gassingmonkey
@gassingmonkey 3 жыл бұрын
Definitely Billy Bishop Airport in Toronto, Ontario, Canada. Recognized it immediately when I saw it.
@PabloTejada
@PabloTejada 3 жыл бұрын
I thought that was a bird like a seagull 😂
@brandonking1737
@brandonking1737 3 жыл бұрын
Wendover 2018: How Airlines price flights Wendover 2020: How Covid broke pricing flights
@Julia-rm2vw
@Julia-rm2vw 3 жыл бұрын
aviation industry: we cannot lower prices anymore ryanair: ~increase ads in airplanes~
@sirBrouwer
@sirBrouwer 3 жыл бұрын
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 жыл бұрын
@@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 жыл бұрын
@@Julia-rm2vw : they haven't printed ads outside of the plane yet. ryanair: quick... write that down.. write that down...
@sirBrouwer
@sirBrouwer 3 жыл бұрын
@@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 жыл бұрын
@@JagdeepNagpal They actually have, some Ryanair Aircraft have advertisements/Stickers on them advertising Cities and other organisations
@vincevanderperre8660
@vincevanderperre8660 3 жыл бұрын
Logistics, COVID and airplanes? The dream subject for Wendover Wendover if you see this: love your videos
@rileyhunter1374
@rileyhunter1374 3 жыл бұрын
I don’t know
@rileyhunter1374
@rileyhunter1374 3 жыл бұрын
Magic
@bernardomercado261
@bernardomercado261 3 жыл бұрын
@@thekuygerian eye movements, duh smh😒
@hoytbenson6016
@hoytbenson6016 3 жыл бұрын
The infinity gauntlet of Wendover’s existence
@sting2689
@sting2689 3 жыл бұрын
@@thekuygerian It's a stock footage overlaid with footage that he filmed on another laptop.
@edpowers3764
@edpowers3764 Жыл бұрын
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 Жыл бұрын
hmmmm ok but what did you do for a living 20 years ago Ed Powers?
@yc7291_
@yc7291_ 3 жыл бұрын
2:02 I see that stock footage lady is typing with her trackpad...
@Bshue123
@Bshue123 3 жыл бұрын
Sam, I don't want to alarm you, but there's this guy impersonating you on KZfaq. Granted, his videos are Half as Interesting as yours are, but I thought you should know.
@feloniusgru9561
@feloniusgru9561 3 жыл бұрын
Gold
@aryboss1514
@aryboss1514 3 жыл бұрын
I get it
@Platyfurmany
@Platyfurmany 3 жыл бұрын
And he covers the subject of bricks often, to throw the Feds off the real subjects.
@KeefeL
@KeefeL 3 жыл бұрын
@@aryboss1514 here, have a gold star sticker sir!
@bushidobrown9857
@bushidobrown9857 3 жыл бұрын
wow i just realized this and i've been watching both of "their "videos for like two years xD
@ihavetowait90daystochangem67
@ihavetowait90daystochangem67 3 жыл бұрын
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 жыл бұрын
Yes lol.
@Marquis-Sade
@Marquis-Sade 3 жыл бұрын
Is it really that cheap?
@kyirid
@kyirid 3 жыл бұрын
Marquis no they’re actually free
@MajesticSkywhale
@MajesticSkywhale 3 жыл бұрын
@@Marquis-Sade no. I flew from Newark to Las Vegas and back nonstop for $35 tho
@vigilantcosmicpenguin8721
@vigilantcosmicpenguin8721 3 жыл бұрын
It's also the number of people on the flight.
@noonedude101
@noonedude101 3 жыл бұрын
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.
@HyperLuigi37
@HyperLuigi37 2 жыл бұрын
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.
@Adi-ud8wi
@Adi-ud8wi 3 жыл бұрын
Surprisingly, he didn’t roast Newark
@DominatingDrew
@DominatingDrew 3 жыл бұрын
That's reserved for Half as Interesting
@nntflow7058
@nntflow7058 3 жыл бұрын
They got new terminal now. That is why.
@VisibilityFoggy
@VisibilityFoggy 3 жыл бұрын
@@nntflow7058 - New terminal or not, you're still in Newark.
@kevinsingh8035
@kevinsingh8035 3 жыл бұрын
D 349 what about lagarbage?
@magical_catgirl
@magical_catgirl 3 жыл бұрын
@@VisibilityFoggy and it's still United.
@jamesc.2907
@jamesc.2907 3 жыл бұрын
Airlines: "MAKE AMERICA PREDICTABLE AGAIN"
@lh7128
@lh7128 3 жыл бұрын
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 жыл бұрын
did I detect a pun?
@entropyzero5588
@entropyzero5588 3 жыл бұрын
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).
@itaishufman8951
@itaishufman8951 3 жыл бұрын
Wendover is probably single handedly financing the entire aviation stock video industry
@joseville
@joseville 3 жыл бұрын
,😆😆😆
@thekuygerian
@thekuygerian 3 жыл бұрын
2:02 how is the person typing?!
@feloniusgru9561
@feloniusgru9561 3 жыл бұрын
oh shoot
@Kriae
@Kriae 3 жыл бұрын
blood magic
@imcarlosjr4898
@imcarlosjr4898 3 жыл бұрын
Mind control
@sMASHsound
@sMASHsound 3 жыл бұрын
gremlins
@olpee
@olpee 3 жыл бұрын
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.
@mckenziemcmillan622
@mckenziemcmillan622 3 жыл бұрын
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!
@jazzip
@jazzip 3 жыл бұрын
Finally airlines will be more humble and give us our 2 free bags back.
@Rhaspun
@Rhaspun 3 жыл бұрын
I wouldn't mind a couple inches of space.
@potatopotatoeOG
@potatopotatoeOG 3 жыл бұрын
One can only hope
@bigtony77
@bigtony77 3 жыл бұрын
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 жыл бұрын
@@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 жыл бұрын
Hopefully not. I travel without luggage and resent having to pay for those that travel with 2.
@midievalcat7770
@midievalcat7770 3 жыл бұрын
*cue David Attenborough voice* “here we see the Sam in his natural habitat, talking about planes”
@recklessroges
@recklessroges 3 жыл бұрын
I can hear him!
@FlyWithMe_666
@FlyWithMe_666 3 жыл бұрын
Most important stuff related to planes in 2020: 1. Flight Sim 2020 2. Wendover ... 14. Actual planes and airlines
@Kriae
@Kriae 3 жыл бұрын
I want a video of Wendover talking about MS Flight Simulator
@davidty2006
@davidty2006 3 жыл бұрын
If sam actually played Flight sim to get background footage for his vids
@ThePanzer393
@ThePanzer393 3 жыл бұрын
3. Mustard?
@ajzebadua
@ajzebadua 3 жыл бұрын
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 жыл бұрын
AJ Zebadua its like all airport stock footage is Pearson, I see it so often lol
@ArielLVT
@ArielLVT 3 жыл бұрын
Oh my god, you're right!
@sergej3665
@sergej3665 3 жыл бұрын
And a lot of SVO as well!!!
@plmokm33
@plmokm33 3 жыл бұрын
@@epiccollision I think maybe Pearson is just impressive looking as far as airports go. Plus it's cheap to film shit in Canada.
@obiwankenobi4252
@obiwankenobi4252 3 жыл бұрын
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 жыл бұрын
😂😂
@potatopotatoeOG
@potatopotatoeOG 3 жыл бұрын
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 жыл бұрын
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 жыл бұрын
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.
@wamsang7818
@wamsang7818 3 жыл бұрын
"US COVID cases spiked" Northeast: *grabs popcorn*
@generpicado7838
@generpicado7838 3 жыл бұрын
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 жыл бұрын
@JACKSON KUSTER So you state is doing a good job? Or at least a better job?
@QTheRabbit
@QTheRabbit 3 жыл бұрын
@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 жыл бұрын
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 жыл бұрын
@JACKSON KUSTER jokes on you I live in Mass, which has even less cases
@josephjackson1956
@josephjackson1956 3 жыл бұрын
I saw the prices of flights from the US to Italy for $75 at the start of the pandemic.
@MezzoForte4
@MezzoForte4 3 жыл бұрын
Holy shit, it'd literally die to go there at that price.
@balqisizham9601
@balqisizham9601 3 жыл бұрын
@@MezzoForte4 lol
@MuzzaHukka
@MuzzaHukka 3 жыл бұрын
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 жыл бұрын
@@MuzzaHukka I wouldn't visit the US right now. It's full of idiots who believe the virus doesn't exist.
@jimrockfish1875
@jimrockfish1875 3 жыл бұрын
Same as Siberia
@kcgunesq
@kcgunesq 3 жыл бұрын
"failed to consider the possibility of the unimaginable". . .
@randomuser66438
@randomuser66438 3 жыл бұрын
a.k.a get stick bugged
@ryancombs7484
@ryancombs7484 3 жыл бұрын
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 жыл бұрын
Is your name similar to the company's name? xD
@spencerbrehhov8033
@spencerbrehhov8033 3 жыл бұрын
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 жыл бұрын
Rip
@FarfettilLejl
@FarfettilLejl 3 жыл бұрын
So difficult to include a time stamp?
@oliverm1255
@oliverm1255 3 жыл бұрын
@@FarfettilLejl on mobile it is
@ailinos
@ailinos 3 жыл бұрын
@@oliverm1255 it's not though. Just add @ followed by the time and KZfaq will do it automatically. Eg @1:00
@randomuser66438
@randomuser66438 3 жыл бұрын
@@ailinos No need for @
@VolpeWhereAreYou
@VolpeWhereAreYou 3 жыл бұрын
Cant wait for things to go back to normal
@MChagall
@MChagall 3 жыл бұрын
When we can travel to India again for some Biryani am I right?
@fuckfuckfuckityfuck
@fuckfuckfuckityfuck 3 жыл бұрын
It's not going back. They say new normal for a reason.
@danmoss1685
@danmoss1685 3 жыл бұрын
There is no going back. This is the start of the new normal.
@cheybat5390
@cheybat5390 3 жыл бұрын
“The unimaginable” *cue montage of every epidemiologist saying the “it’s not if but when” line in a documentary from the last 100 years*
@oshy06
@oshy06 Жыл бұрын
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!
@abdul2ghani
@abdul2ghani 3 жыл бұрын
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!
@gdogg3710
@gdogg3710 3 жыл бұрын
Ryanair: 100% of that 96% occupancy hated absolutely every minute of it...
@rorytimms3703
@rorytimms3703 3 жыл бұрын
You get what you pay for....
@inactive859
@inactive859 3 жыл бұрын
Ryanair is one of the best cheap airliners so stop being a winy child
@Travianingmar123
@Travianingmar123 3 жыл бұрын
@@inactive859 nah
@gdogg3710
@gdogg3710 3 жыл бұрын
Zannels ...Michael...is that you???
@inactive859
@inactive859 3 жыл бұрын
Chris Gee ?
@grdprojekt
@grdprojekt 3 жыл бұрын
I can't wait to see Sam launches his Wendover Airlines as a full service airline, and Half as Airworthy as the budget airline.
@pkmkb
@pkmkb 3 жыл бұрын
This is the history lesson our kids are doing to learn for their final exams 😂😂
@benjaminrubash3078
@benjaminrubash3078 3 жыл бұрын
When your actually studying to be a pilot and you put off homework to watch this :) sams the best
@campkira
@campkira 3 жыл бұрын
... had second job ready since it about to paid a lot less..
@izrailas
@izrailas 3 жыл бұрын
Why don’t you guys move to a different country? Where wages in the aviation sector are higher.
@thecrippledpancake9455
@thecrippledpancake9455 3 жыл бұрын
Matthew K How can they afford to lay people off when commercial aviation competition is so low?
@BL-hw4mn
@BL-hw4mn 3 жыл бұрын
ME
@RainCity3rd
@RainCity3rd 3 жыл бұрын
@@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...
@veeeeeeee9908
@veeeeeeee9908 3 жыл бұрын
2:02 Lady moves her finger on the trackpad even though the screen shows stuff is being typed lmao.
@impaler514
@impaler514 3 жыл бұрын
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!
@sirholycow
@sirholycow 3 жыл бұрын
Feels good to see another aviation video from you.
@anakay1184
@anakay1184 3 жыл бұрын
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 жыл бұрын
One day we will see WENDOVER AIRLINES🔥 😎😎
@samuelschonenberger
@samuelschonenberger 3 жыл бұрын
There is a Wendover Airstrip somewhere in Utah
@armadillolover99
@armadillolover99 3 жыл бұрын
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.
@JosephAng
@JosephAng 3 жыл бұрын
I love your aviation videos! This one was very well made as always.
@rallymaniac92
@rallymaniac92 3 жыл бұрын
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.
@zoltan902
@zoltan902 3 жыл бұрын
5:17 mesmerising footage.
@taleseduardolima
@taleseduardolima 3 жыл бұрын
Billy Bishop Toronto City Airport
@vondahe
@vondahe 3 жыл бұрын
@@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 жыл бұрын
@@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 жыл бұрын
@@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.
@hayo7073
@hayo7073 3 жыл бұрын
12:49 Did anybody else notice the mask on the plane? lol
@eevandersonn
@eevandersonn 3 жыл бұрын
Hayo1706 YES I thought it was just me
@grahamturner2640
@grahamturner2640 3 жыл бұрын
I found it funny. And the clip starts at 12:43.
@truthsupreme
@truthsupreme 3 жыл бұрын
@@grahamturner2640 12:42 is more accurate
@nataliee5501
@nataliee5501 3 жыл бұрын
Spraying toxic bleach everywhere. I am due to fly soon. Im taking lots of elemental silver with me.
@HasanProd
@HasanProd 3 жыл бұрын
Searching through the comments for this!!
@whtiequillBj
@whtiequillBj 3 жыл бұрын
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.
@grdprojekt
@grdprojekt 3 жыл бұрын
8:14 This footage is used every single time in aviation related videos
@Zoinkfwip
@Zoinkfwip 3 жыл бұрын
Take a shot every time he says demand
@TheAviationChannel
@TheAviationChannel 3 жыл бұрын
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 жыл бұрын
CW Lemoine: Teaches me about TOMCATS!
@romainsavioz5466
@romainsavioz5466 3 жыл бұрын
And 74 gear
@TheAviationChannel
@TheAviationChannel 3 жыл бұрын
@@romainsavioz5466 thanks. I've edited it now 😆😅
@airizsyah3439
@airizsyah3439 3 жыл бұрын
@@TheAviationChannel you should try Mustard channel too. High quality video content and great presentation.
@TheAviationChannel
@TheAviationChannel 3 жыл бұрын
@@airizsyah3439 🤣i'm already on that too.
@lesbert2712
@lesbert2712 3 жыл бұрын
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!
@LaitoChen
@LaitoChen 3 жыл бұрын
How do you even go about researching a topic like this?!?! This channel is great
@Bonfiyah
@Bonfiyah 3 жыл бұрын
TL;DR - Bada bing bada boom, fewer planes are going vroom
@vigilantcosmicpenguin8721
@vigilantcosmicpenguin8721 3 жыл бұрын
Thanks, now I don't even need the video.
@lordknight7482
@lordknight7482 3 жыл бұрын
When COVID hit I was more worried about no more wendover airplane videos then the Airplane industry.
@LoboLakerGaming
@LoboLakerGaming 3 жыл бұрын
I love learning about an industry’s business model. I always find it interesting
@xiaoleichen3694
@xiaoleichen3694 3 жыл бұрын
This guy can extract so many interesting topics from a seemingly boring industry. Amazing!
@economicsinaction
@economicsinaction 3 жыл бұрын
I'm not first, I'm not last, but when Wendover posts, I click fast
@michaelrichardson3834
@michaelrichardson3834 3 жыл бұрын
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 жыл бұрын
@@michaelrichardson3834 You shall be my oracle for you are wise in the way of wisdom.
@noahy.9827
@noahy.9827 3 жыл бұрын
Xd same
@kyirid
@kyirid 3 жыл бұрын
Greedy comments fighting to be the most liked is a digital war zone
@noahy.9827
@noahy.9827 3 жыл бұрын
@@kyirid ok :) you get a 👎 from me
@Logarithm906
@Logarithm906 3 жыл бұрын
"how often was that seat next to you free?" The seats next to me could be free?
@xingyu1386
@xingyu1386 3 жыл бұрын
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.
@DanyCesc83
@DanyCesc83 3 жыл бұрын
good piece, all the information makes sense and adds up aside from the underlying details we just don't know about.
@grahamturner2640
@grahamturner2640 3 жыл бұрын
It's funny that an airplane looked like it had a huge mask on in the clip at 12:43.
@SupremeLeaderKimJong-un
@SupremeLeaderKimJong-un 3 жыл бұрын
We had one case and now we’re back to zero. The West should’ve done what we did
@AVeryRandomPerson
@AVeryRandomPerson 3 жыл бұрын
Yes, *SHOOT THE CASES*
@MarcusNesbitt4
@MarcusNesbitt4 3 жыл бұрын
I genuinely cannot tell whether this is the real kim jong un or not
@sirsurnamethefirstofhisnam7986
@sirsurnamethefirstofhisnam7986 3 жыл бұрын
Gunshots to the back of the head have a much higher fatality rate than covid19 and much more efficient too
@kyirid
@kyirid 3 жыл бұрын
Marcus Nesbitt he’s real
@jordanstewart6012
@jordanstewart6012 3 жыл бұрын
Wait is this the real Kim?
@Dryblack1
@Dryblack1 3 жыл бұрын
Computer: *Does exactly what it's designed to do* Wendover: "...which confused the computer even more"
@peterandersson3812
@peterandersson3812 3 жыл бұрын
Ironically, the spike in COVID cases in Florida, reducing demand for tickets, may very well have been partly caused by the airlines themselves.
@epiccollision
@epiccollision 3 жыл бұрын
Peter Andersson why would anyone fly into a hot zone?
@gabrieljohndusing7697
@gabrieljohndusing7697 3 жыл бұрын
5:17 I believe that's Toronto's Billy Bishop airport.
@RaymondHng
@RaymondHng 3 жыл бұрын
You got it. goo.gl/maps/ZgLeU5qu1YPWJGXj8
@marsgal42
@marsgal42 3 жыл бұрын
It is. I've flown there.
@Wolfereign
@Wolfereign 3 жыл бұрын
All I got from this is the airlines have been price gouging us for years.
@wvance0316
@wvance0316 3 жыл бұрын
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.
@g0r3ify
@g0r3ify 3 жыл бұрын
The footage @ 7:32 in the video is not Eagle County but my hometown Innsbruck. Love it!
@blkdimnd
@blkdimnd 3 жыл бұрын
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.
@Codenamex47
@Codenamex47 3 жыл бұрын
Ugh everything associated with this virus is so depressing.
@normang3668
@normang3668 3 жыл бұрын
I disagree. The airline industry taking a massive hit is good news when it comes to the climate crisis.
@frankib8620
@frankib8620 3 жыл бұрын
@@normang3668 aaa gaay.
@frankib8620
@frankib8620 3 жыл бұрын
@Red Line XD i agree
@frankib8620
@frankib8620 3 жыл бұрын
@@normang3668 Ok Greta calm down
@normang3668
@normang3668 3 жыл бұрын
@@frankib8620 Not a fan of facts, huh?
@koalazzzzzz
@koalazzzzzz 3 жыл бұрын
4:27 - What you tell her 5:34 - When she sees it
@RayleighCriterion
@RayleighCriterion 3 жыл бұрын
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.
@poeticnation6251
@poeticnation6251 3 жыл бұрын
Wow! Great video - Really enjoyed it (And learned a lot about the airline industry - Thank you for sharing).
@aidandaniels5366
@aidandaniels5366 3 жыл бұрын
Me: sees airline in the title Also Me: clicks immediately
@aidandaniels5366
@aidandaniels5366 3 жыл бұрын
Z Shieh lmaooooo
@anteeklund4159
@anteeklund4159 3 жыл бұрын
I clicked before I saw it. I just saw Wendover and clicked
@joshcass93
@joshcass93 3 жыл бұрын
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
@eleanordukes-swyer7570
@eleanordukes-swyer7570 3 жыл бұрын
9:28 - Bournemouth airport in Dorset, UK. This is the only time we’ve seen something like this because it’s a small seaside town on the south coast.
@yanniskolymvanos537
@yanniskolymvanos537 3 жыл бұрын
Eleanor Dukes-Swyer was looking through the comments to see if anyone else recognised it. I drive past the airport every day for work. Quite the sight
@robelhabte1
@robelhabte1 3 жыл бұрын
Finally a new video from Wendover. YOU’VE BEEN SLACKING BRO
@ipeeeky
@ipeeeky 3 жыл бұрын
2:02 that woman using her mind to type
@shom7790
@shom7790 3 жыл бұрын
Ryanair May have had 96% of its seats filled in 2019 but that amount on average probably went to 95% after their landings 😳
@gonzahe1983
@gonzahe1983 3 жыл бұрын
That transition was very smooth.
@ksoman953
@ksoman953 3 жыл бұрын
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 :)
@portion1411
@portion1411 3 жыл бұрын
Ah yes viruses breaking computers, when have I heard this before?
@FingeringThings
@FingeringThings 3 жыл бұрын
Not even a pandemic can stop Wendover from making his plane videos
@cristinaf3844
@cristinaf3844 3 жыл бұрын
This was fantastic. Entertaining and educational.
@Brick-Life
@Brick-Life 3 жыл бұрын
in melbourne and sydney the plane tickets ended up costing around over 5500 AUD. it was 10 thousand at the highest point
@lukas3606
@lukas3606 3 жыл бұрын
COVID-19: I broke the airline industry Wendover: And where did that bring you? Back to me.
@cookieshousecannabisco6963
@cookieshousecannabisco6963 3 жыл бұрын
Remember a few years ago when overbooked flight passengers were getting physically beaten and dragged from aircraft so airlines could manage a larger profit margin per flight? Lamo, eff em.. i'll buy a 500$ vehicle and drive myself to eagle county airport then sell it when i get home, just to make sure they go under.
@Steampunkkids
@Steampunkkids 3 жыл бұрын
Cookie's House Cannabis Co Amen! I hate those greedy airline bastards so much! My hate for the airline industry, terminal workers, and steward/ stewardess’ is so high, I don’t think it can be measured. If they would just treat humans with basic human dignity and compassion I wouldn’t have an issue with them.
@cookieshousecannabisco6963
@cookieshousecannabisco6963 3 жыл бұрын
@@Steampunkkids I have zero anger towards anyone working a job just trying to put food on the table or with the stress they deal with that causes that irritation with their customer base. i do have anger towards the industries making a handful of individuals wealthy beyond their wildest dreams
@Hornet135
@Hornet135 3 жыл бұрын
“Passengers being beaten and dragged from aircraft so airlines could manage a larger profit margin per flight?” No, I don’t remember that because it’s something you pulled out of your ass. Where do you get your news? People have been pulled off airplanes, but not for the reason you state.
@Steampunkkids
@Steampunkkids 3 жыл бұрын
Cookie's House Cannabis Co I get where you are coming from. But, after dealing with rude and hostile airline workers for years, the last straw was when a piece of the plane broke off and hit my infant son on the head. I will never forgive any of them for the way we were treated.
@wildfire9280
@wildfire9280 3 жыл бұрын
Lamo? Some cross between a llama, limousine, and lmao?
@tedchou12
@tedchou12 3 жыл бұрын
I always liked how Sam can link the topic to his sponsors in the end.
@Nooticus
@Nooticus 3 жыл бұрын
Exceptionally informative video. Thanks!
@varunkamble97
@varunkamble97 3 жыл бұрын
We are back to the airlines 🔥
@imcarlosjr4898
@imcarlosjr4898 3 жыл бұрын
varun kamble 🔥
@robbags2118
@robbags2118 3 жыл бұрын
The computer CALCULATES, but only the human brain COMPREHENDS. That's why.
@jimrockfish1875
@jimrockfish1875 3 жыл бұрын
Interesting factor in the future of AI
@Dryblack1
@Dryblack1 3 жыл бұрын
I thought it was funny when he said the computer got confused. Sounded like it was doing exactly what it was designed to do.
@mrnoedahl
@mrnoedahl 3 жыл бұрын
Excellent video. I learned something I didn't know. Great job.
@jreca366
@jreca366 3 жыл бұрын
I was waiting for.. "for another what if" at the end :D
@akrn2454
@akrn2454 3 жыл бұрын
The last time i was this early, planes were still flying...
@ansonek2343
@ansonek2343 3 жыл бұрын
Yay, another airline video
@Brandonian
@Brandonian 3 жыл бұрын
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!
@caseydoe1137
@caseydoe1137 3 жыл бұрын
I just flew in October and the flight was completely full and when I landed in PHX there was a sea of people there. The next flight was full as well. There's a TON of people flying.
@Yeti_Talks
@Yeti_Talks 3 жыл бұрын
"That's because the humans were able to realize something that the computers could not." Pretty freaky if you think about it on a more general scale.
@gridcaster
@gridcaster 3 жыл бұрын
Don't lose the forest for the trees econ students. Simple answer: 1. maximizing profit (not capacity, revenue, price) is the goal of the airline firm, and to do that you need to know 2. the change to demand that the shock (covid scenario) caused, which means ultimately 3. understanding the consumer habits (primarily tastes and preferences, but also governmental restrictions) The real problem isn't anything complicated. It is merely that there is no model, no theory, no real understanding of what all of this will do to consumer habits. some may be temporary (flying for beach vacations) and some may be more permanent (business deciding to conduct meetings by Zoom-like tech instead of traditional flying). The changes to elasticity are also important. Bottom line, until people understand how this will change customers. Nobody knows that. Until then the airline industry will be in limbo --- if that happens long enough the changes will get much more complicated as firms go out of business or merge and costs begin to change.
@UKinQ8Gaming
@UKinQ8Gaming 3 жыл бұрын
I love how half interesting these videos are ❤
@dalciailon5121
@dalciailon5121 3 жыл бұрын
Hey can make a video about United's pricing model on flights to and from Micronesia and Marshall Islands? Also the Island Hop flights they do around there.
@coffee4682
@coffee4682 3 жыл бұрын
If this was also the case for Spirit Airlines, wed be having $0.79 flights
@jsmariani4180
@jsmariani4180 3 жыл бұрын
I tried to book one of their wing seats, but the windscreen was an optional $300.
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