Why So Many Airlines are Going Bankrupt

Start building your online store with Shopify for free for 14 days by signing up at http://shopify.com/wendover Buy a Wendover Productions t-shirt from our Shopify-powered store: https://standard.tv/collections/wendover-productions/products/wendover-productions-shirt Listen to Extremities at http://ExtremitiesPodcast.com Subscribe to Half as Interesting (The other channel from Wendover Productions): https://www.youtube.com/halfasinteresting Youtube: http://www.YouTube.com/WendoverProductions Instagram: http://Instagram.com/sam.from.wendover Twitter: http://www.Twitter.com/WendoverPro Sponsorship Enquiries: wendover@standard.tv Other emails: sam@wendover.productions Reddit: http://Reddit.com/r/WendoverProductions Animation by Josh Sherrington Sound by Graham Haerther (http://www.Haerther.net) Thumbnail by Simon Buckmaster Music by http://epidemicsound.com Select footage courtesy the AP Archive References: [1] https://www.airlines.iata.org/news/iata-forecasts-355bn-net-profit-for-airlines-in-2019 [2] https://blog.aci.aero/airport-markets-and-seasonal-variations/ [3] https://www.macrotrends.net/stocks/charts/RYAAY/ryanair-holdings/gross-profit [4] https://voxeu.org/article/eu-s-insolvency-reform [5] https://www.ft.com/content/15ecdab8-c960-11e9-a1f4-3669401ba76f [6] https://www.ft.com/content/986c4e6e-db81-11e9-8f9b-77216ebe1f17 [7] https://twitter.com/tcairlinesuk?lang=en [8] https://thepointsguy.co.uk/news/on-thomas-cook-repatriation-flight/ [9] https://web.archive.org/web/20190514055927/https://en.wikipedia.org/wiki/Palma_de_Mallorca_Airport#Airlines_and_destinations [10] https://thepointsguy.co.uk/news/on-thomas-cook-repatriation-flight/ [11] https://www.seatguru.com/airlines/Malaysia_Airlines/Malaysia_Airlines_Airbus_A380_new.php; https://www.flightradar24.com/data/aircraft/9m-mnf