How COVID-19 Broke the Airline Pricing Model
2,367,922
Published 2020-08-26
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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/2020-02-06-01/
[2] corporate.ryanair.com/news/ryanair-december-traffi…
[3] www.tsa.gov/coronavirus/passenger-throughput
[4] travelskills.com/2017/10/31/avoid-business-trips/
Musicbed SyncID:
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All Comments (21)
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Finally back to his home, aviation.
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Good to see the stock footage companies haven't been heavily affected
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5:24 Shoutout to that sailing boat that did an emergency loop to avoid hitting the ferry
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Wendover 2018: How Airlines price flights Wendover 2020: How Covid broke pricing flights
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Logistics, COVID and airplanes? The dream subject for Wendover Wendover if you see this: love your videos
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aviation industry: we cannot lower prices anymore ryanair: ~increase ads in airplanes~
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Airlines: "MAKE AMERICA PREDICTABLE AGAIN"
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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!
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Sam, I don't want to alarm you, but there's this guy impersonating you on YouTube. Granted, his videos are Half as Interesting as yours are, but I thought you should know.
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Surprisingly, he didn’t roast Newark
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Finally airlines will be more humble and give us our 2 free bags back.
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2:02 I see that stock footage lady is typing with her trackpad...
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Wendover is probably single handedly financing the entire aviation stock video industry
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The 19 in the name isn’t the year it was found, it was the cost of a ticket from NYC to London
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Imagine if the computers broke so badly it ended up like oil I would like to travel to NYC Understandable, have $35
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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.
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cue David Attenborough voice “here we see the Sam in his natural habitat, talking about planes”
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Most important stuff related to planes in 2020: 1. Flight Sim 2020 2. Wendover ... 14. Actual planes and airlines
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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.
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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.