Why So Many Airlines are Going Bankrupt

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  • asianbubbleteapilotboiiiBOEING777-8X

    Breaking news: South African Airways has just filed for bankruptcy.
    -Dec 6, 2019

    • CalRailFan90208
      CalRailFan90208  16 hours back

      We lost South African Airways

      • ynwa forever
        ynwa forever  22 hours back

        Who's here after SAA went into business rescue

        • Shaun Grace
          Shaun Grace  1 days back

          Wait for the electric car market to be gobbled up by big players

          • SwissMarksman
            SwissMarksman  1 days back

            Swissair entered the server

            • Bobby Sedlatschek
              Bobby Sedlatschek  2 days back

              In before South African goes out

            • Julischka
              Julischka  2 days back

              Working as a Boarding Agent at an airport, I got to experience the Airberlin bankruptcy first hand and believe me, it was not funny. It didn't only affect Airberlin flights, but also the flights that they operated for other airlines. When I came to the gate, I never knew wether the flight would happen or not. And as soon as I announced that the flight was operated by airberlin, I could see people starting to Sweat. And then all the discussions with the passengers… I was glad when it was finally over.

              • Varun Shrivastava
                Varun Shrivastava  2 days back

                it's weird to understand those business leaders investing $80m/plane on an average and then finding it difficult to run the business... only 3 airline groups are successful, oneworld, skyteam and star alliance

                • UwU
                  UwU  2 days back

                  “Malaysia airlines” 6:44

                  Yeah I’ll pass cause I don’t wanna vanish

                  • Sayam Saensri
                    Sayam Saensri  3 days back

                    Looked up online about how many airlines that went bust in 2018 & 2019 globally. In total about 40 airlines that went under! 😱

                    • Nolan Schmidt
                      Nolan Schmidt  4 days back

                      Let’s say Thomas Cook is bankrupt and one of their A321 crashes mid flight after the airline is finished. What happenes?

                      • karoake dookie
                        karoake dookie  5 days back

                        No offline support for Nebula on Android? Bummer

                        • Kanishk Giri
                          Kanishk Giri  6 days back

                          Even jet airways in india went bankrupt

                          • Mert Kafalı
                            Mert Kafalı  6 days back

                            aand AtlasGlobal stopped their operations last week

                            • login users
                              login users  6 days back

                              Please do a video on Jet Airways of India

                              • Ernest Jay
                                Ernest Jay  6 days back

                                You didn't tell that many Asia - Pacific airlines doesn't expand like European or American based airlines, they usually only bough 2-5 new aircraft each year and the money are come from their profit last year, that's why many of them survive because when the industry plummeted, they simply can sell some of their aircraft.
                                While European or North American airlines usually buy many planes in bulk order like 100 planes at once but the money is come from bank loans, if they cannot sustain cash flow ? they ended in debt, when they cannot pay their debt, they simply ceased operation.

                                • Alberto Zorzi
                                  Alberto Zorzi  6 days back

                                  It’s worth noticing that Alitalia should have gone bankrupt 10 years ago, but Italian governments choose that it has to be kept alive with public money so the company keeps on losing 2 MILION EUROS PER DAY and were paying for it with our taxes. Well done Italy

                                  • SwissMarksman
                                    SwissMarksman  2 days back

                                    Italy also fucks around with F-35 & has carriers. Why bother & sending that country money if they spend it like assholes.

                                • Jack
                                  Jack  1 weeks back

                                  In other words, Airlines in Europe are going bankrupt.

                                  • JoelJames2
                                    JoelJames2  1 weeks back

                                    Wait, if Thomas Cook was selling tickets until the moment of stopping operations, that means they were selling tickets with no intent of fulfilling the actual flights. Isn't that theft?

                                    • Jochem van Els
                                      Jochem van Els  1 weeks back

                                      It's really not that bad that these companies are bankrupting imo, Flying is reaaaally shitty for the environment so we'd better use not that many planes

                                      • Sahah Jahan
                                        Sahah Jahan  1 weeks back

                                        I read it as "..Aliens are going bankrupt"
                                        Time to go to sleep..

                                        • danganmania
                                          danganmania  1 weeks back

                                          rip thomas cook lmao

                                          • ben mazor
                                            ben mazor  1 weeks back

                                            canada is seeing similar issues. west jet sold. wow closed. no one is buying porter and their still on the market for sale, air transat did something with air canada to stay affloat.

                                            • Hermit Hermit
                                              Hermit Hermit  1 weeks back

                                              too many choices?

                                              • J. D.
                                                J. D.  1 weeks back

                                                Atlas Global just went bankrupt an hour ago.

                                                • viper
                                                  viper  2 weeks back

                                                  I cant stand his low high and low tones ><

                                                  • Neil Sumanda
                                                    Neil Sumanda  2 weeks back

                                                    "important announcement, flights are cancelled because the airline is out of business... gud nyt!.."

                                                    • Kong Thai
                                                      Kong Thai  2 weeks back

                                                      They shut the airlines in Europe to prevent bigger losses in the recession planned in 2020. The assets will be managed by asset management companies and GUESS who will be strong in 2022.

                                                      🤣😋

                                                      • jehovers
                                                        jehovers  2 weeks back

                                                        coz air asia

                                                        • Adrian Day
                                                          Adrian Day  2 weeks back

                                                          your comment on Thomas Cook being mainly focused on long haul low cost is wrong. TC was notably a tour operator and the airline was a part of the business. The main reason for the losses and bankruptcy was the retail store network and the tour operations. (I worked there for 10 years,,, and got out before they went)

                                                          • Final Fighter X
                                                            Final Fighter X  2 weeks back

                                                            Bendover! Ha

                                                            • myopinion2day
                                                              myopinion2day  3 weeks back

                                                              If you don't mind me asking, where do you get your great footage for your videos? Do you film the content yourself?

                                                              • Claire P.
                                                                Claire P.  3 weeks back

                                                                forgot about small planet airlines and germania brankrupt in september/october 2018!

                                                                • 马云
                                                                  马云  3 weeks back

                                                                  Just too many airlines out there...stiiff competition

                                                                  • Grace Warisnaratorn
                                                                    Grace Warisnaratorn  3 weeks back

                                                                    Why is there no time for restructering dept after bankruptcy like in usa?

                                                                    • aviation eddw
                                                                      aviation eddw  3 weeks back

                                                                      What's with Germania?

                                                                      • Souththpama International Mountainside Semi Trucks

                                                                        Thomas cook: Imma quit cooking.
                                                                        *A few years later*
                                                                        Thomas cook: Imma quit flying.

                                                                        • Nino Villaflor
                                                                          Nino Villaflor  3 weeks back

                                                                          airberlin won the zero emission award in the year 2020

                                                                          • Jeffrey Meng
                                                                            Jeffrey Meng  3 weeks 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  3 weeks back

                                                                              Wendover Airlines

                                                                              • WarMike_1
                                                                                WarMike_1  3 weeks back

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

                                                                                • ignika98
                                                                                  ignika98  3 weeks back

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

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

                                                                                  • ignika98
                                                                                    ignika98  2 weeks back

                                                                                    @carultch yeah a person from cyprus is called a Cypriot. The dude just pronounced it wrong.

                                                                                  • carultch
                                                                                    carultch  2 weeks back

                                                                                    Is that what people from Cyprus are called?

                                                                                • MrAsap2000as
                                                                                  MrAsap2000as  3 weeks back

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

                                                                                  • Itsme Alex
                                                                                    Itsme Alex  4 weeks back

                                                                                    GUYS THE DOLPHINS BEAT THE COLTS!

                                                                                    • Danny Gamer
                                                                                      Danny Gamer  4 weeks 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  4 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  4 weeks back

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

                                                                                          • vijay agroya
                                                                                            vijay agroya  1 months back

                                                                                            Jet airways?