How to run an Airline business profitably for 47 years & counting: Southwest Airlines CaseStudy

  Рет қаралды 223,380

Think School

Think School

2 жыл бұрын

Video Introduction:
Big bull Rakesh Jhunjunwala will soon launch Akasa Airlines, but experts are skeptical of his move. Most think that the best way to be a Millionaire is to become a Billionaire and then start an airline company. But in today's video, we will bust this myth using a real-life example of Southwest Airlines, the world's largest low-cost carrier airline, which has been profitable ever since it launched.
Southwest Airlines Co., typically referred to as Southwest, is one of the major airlines of the United States and the world's largest low-cost carrier airline. It is headquartered in Dallas, Texas, and has scheduled service to 121 destinations in the United States and ten additional countries.
To support our work you can donate here: www.instamojo.com/@thinkschool
Check out Think School's Online courses:
1. Learn how to communicate ideas like us: communication.thethinkschool....
2. Land your dream jobs: linkedinmasterclass.thethinks...
3. Create a Perfect Resume in less than 90 minutes: www.thethinkschool.in/resume-...
Want to buy the equipment we use?
Mic: amzn.to/2PjDNAP
Camera: amzn.to/3dMzojh
Camera Stand: amzn.to/3nidnfp
Mobile holder for stand: amzn.to/3xgCF25
Laptop: amzn.to/3gMYXRi
Footage Credits: Southwest Airlines
#thethinkschool #lowcostcarrier #southwestairlines #southwest #airlines

Пікірлер: 777
@RAHULKUMAR-wn8po
@RAHULKUMAR-wn8po 2 жыл бұрын
"Everybody suffers a little so that some has not to suffer a lot". "We managed in good times so we will be protected in bad times". Perfectly reflecting their vision.
@RolexMrFit
@RolexMrFit 2 жыл бұрын
Sound Upgrade ✅ Editing Upgrade ✅ KEEP it coming Ganesh ✌️🚀
@pranayjunnuru125
@pranayjunnuru125 2 жыл бұрын
@Abhinav i do editng for both the guys 😋😋
@lipuna
@lipuna 2 жыл бұрын
@@pranayjunnuru125 jhut mat bol bhai
@MRORACLE11
@MRORACLE11 2 жыл бұрын
@@pranayjunnuru125 which app do u use ?? 😀😀
@pranayjunnuru125
@pranayjunnuru125 2 жыл бұрын
@@MRORACLE11 tinder 😜
@pranayjunnuru125
@pranayjunnuru125 2 жыл бұрын
@@lipuna omg !! Cid officer caught me
@ninadmestry315
@ninadmestry315 2 жыл бұрын
When he says , " what follows next, was nothing short of amazing ( or any related words) " is when it gets excited and perhaps also comes to the strategy of any bussiness case study !! @ 11:57 . Its just a small observation i did in every videos of his. Anyways i you read this comment bro you are really really amazing , thanks for such content , and i am definetly planning to join your masterclass !!
@capankajjhajhuka2791
@capankajjhajhuka2791 2 жыл бұрын
If i had this type of school, i would be at another level of stage right now.
@robertblak5790
@robertblak5790 2 жыл бұрын
Now you have it, let's see what you can do..all the best
@capankajjhajhuka2791
@capankajjhajhuka2791 2 жыл бұрын
@@robertblak5790 yes bro.🤞.. Now i can think deep.
@jatinkamrani5350
@jatinkamrani5350 2 жыл бұрын
Addicted to get taught by ganesh such a wonderful teacher hats off❤️❤️❤️
@iftikharkhan6025
@iftikharkhan6025 2 жыл бұрын
Where does he gets the info...market research?
@goutham__2345
@goutham__2345 2 жыл бұрын
A video on our gdp growth
@rahulkrishnananda6095
@rahulkrishnananda6095 2 жыл бұрын
When your company has values then no one can stop it from reaching heights..
@kamleshnaik1290
@kamleshnaik1290 2 жыл бұрын
South West company is like TATA in India.. In terms for ethics and safety and assurance to their employees
@hussain_mustafa
@hussain_mustafa 2 жыл бұрын
Similarly, Qatar and Emirates operate in Hub and spoke model with their home base as Doha and Dubai respectively.
@KejriwalBhakt
@KejriwalBhakt 2 жыл бұрын
The hexagon is a classic graph problem that is it is a complete graph. The Hub and Spoke model is intuitive but inefficient. But the solution of Southwest to prioritise the high traffic routes are intuitive as well and should come naturally as well. But is it just me and if not why do businesses invest so much to come up with such easy solutions?
@SumitBiswasKKR
@SumitBiswasKKR 2 жыл бұрын
That's a fully connected graph of graph theory but what was needed was a connected graph.
@KejriwalBhakt
@KejriwalBhakt 2 жыл бұрын
@@SumitBiswasKKR The first one was fully connectedthat is why we had 15 connections.
@webwithdh3204
@webwithdh3204 2 жыл бұрын
These business are massive. Everything done is done strategically. Point to point and hub and spoke are the standards that was created by expers. They are operating billion dollor companies as stated Southwest was connecting point a b and c only. if every country follows this what about the airlines for d e c f points. should customers cancel going to these places. This is how it works. when you see big context then both the models are great. while southwest was focused on growth in perticular point. other companies were operating at higher level. As we know Amazon is bigger it does business all over the world and all products. while Myntra only does the fashion and has the largest makert share in fashion ecom industry. It's similar to the southwest.
@ThinkSchool
@ThinkSchool 2 жыл бұрын
Hey guys, Since you told us about the distortion, we changed our mic. So do let us know if the sound is better now. Connect with me on twitter at twitter.com/Ganeshprasad999?s=09
@tan6545
@tan6545 2 жыл бұрын
Sound quality is great as such I didn't noticed that much distortion before. Keep growing lots of love and power to you:)
@ravituteja6042
@ravituteja6042 2 жыл бұрын
Every case study is so awesome. Your predictions about ethanol blending and electric vehicles are really coming true and truly anyone who makes choices after researching on what you suggest can get a goldmine
@ThinkSchool
@ThinkSchool 2 жыл бұрын
♥️♥️
@paiya21
@paiya21 2 жыл бұрын
Love this channel and the topic it covers. straight to point and no drama. 👏🏼👏🏼
@akshaypendyala
@akshaypendyala 2 жыл бұрын
Getting across your channel was nothing short of a miracle, I am glad that one of your videos popped in my recommendation and I am able to enjoy a high-quality case study.
@sudhanshupandey5196
@sudhanshupandey5196 2 жыл бұрын
One of the reasons why you're channel is growing so big is stated in the lesson of this case study- It is your boom period and you are taking care of us by enlightening us with the lessons and sending real case study materials for free. Such a wonderful human you are✌💯
@chinmaykulkarni7802
@chinmaykulkarni7802 2 жыл бұрын
This Is Channel is Growing So Fast , The Content Quality is Amazing , Sadly Our Education system don't teach This. They Just Want Rank , Good Marks.
@kensonpaul5192
@kensonpaul5192 2 жыл бұрын
Logically analised.... With emotional touch... Ganeesh u r becoming a master class.... keep it UP...
@danishahluwalia6175
@danishahluwalia6175 2 жыл бұрын
This video of yours brings in all the major events that is directly linked with the main focus of the video itself. The way you portray a company ,in a way that it looks like a case study but feels like a full on package of consecutive lessons which an aspiring entrepreneur can learn. “It’s a youtube video,if you watch it throughout,you did not just like it,you engage in it”.
@HyperQuest
@HyperQuest 2 жыл бұрын
Loved it! Keep making such insightful videos 😍
@Anilkumar-gr3mo
@Anilkumar-gr3mo 2 жыл бұрын
This is the most amazing case study I have heard or seen-thanks to you
@swamy8baba
@swamy8baba 2 жыл бұрын
I really love the way you narrate the complicated case studies in such a simple way....please suggest where to find such authentic business case studies....this would really be helpful to me in the long run... thank you
@olahuuber6595
@olahuuber6595 2 жыл бұрын
bhaiya, while watching your videos, i never think like a viewer, rather , I become the protagonist of the story myself, and I start wondering how do I replicate such a business feat myself? ande you provide me all the answers I need
@ThinkSchool
@ThinkSchool 2 жыл бұрын
♥️♥️
@ganeshkewale1522
@ganeshkewale1522 2 жыл бұрын
@@ThinkSchool 1rs divide by 7or11billion billion billion ❤❤❤👇👇👇👇😓😓😓😓✌✌✌✌✌✌✌🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏🙏
@lohiitkotiaan142
@lohiitkotiaan142 2 жыл бұрын
Summary being, it is a classic case of good Risk Management and the finance domain ppl were the ones who saved the firm by deploying hedging techniques. Rest, what followed was great to know. Thanks for the valuable case study.
@nexgrid71
@nexgrid71 2 жыл бұрын
Amazing video ❤️🔥 I will make sure that I re-watch these case studies in my entrepreneurial journey.
@maheshkalidas9906
@maheshkalidas9906 2 жыл бұрын
Phenomenal case study! And more phenomenal is your team. You guys are putting some serious time and work researching the niche areas which are unknown to public. It makes viewing your videos great pleasure and gives my grey cells equal satisfaction! 👍👍👍
@1207_monish
@1207_monish 2 жыл бұрын
I am thoroughly enjoying and gaining amazing valuable insights from this channel since I found it from nowhere!
@himanshushekhar8292
@himanshushekhar8292 2 жыл бұрын
I had goosebumps throught the episode
@bishalkashyap5221
@bishalkashyap5221 2 жыл бұрын
That's an amazing insight. I have been following this page for quite sometime , and with each episodes you guys tend to give a deep insight in terms of thinking out of the box. Thank you and Keep this insights coming.
@Priyamaheshwari1781
@Priyamaheshwari1781 2 жыл бұрын
You are adding so much value to our lives. Love the content. Also, the story was so touching. ❤️
@gauthammysore1100
@gauthammysore1100 2 жыл бұрын
This video needs more likes .I have already adapted this startegy in my business.During pandemic the whole world was shut down but business given good returns
@MrRahul10sep
@MrRahul10sep 2 жыл бұрын
Dude I work in the airline industry and this is a learning for me as well. Hats off to you for uploading quality content.
@encryptedninja1289
@encryptedninja1289 2 жыл бұрын
You forget about their fleet purchasing/leasing strategies. Though a very informative video.
@kalpanshah4162
@kalpanshah4162 2 жыл бұрын
If Any supporting video there or something do tag me with the channel name😀
@sksandipmurmu4
@sksandipmurmu4 2 жыл бұрын
No matter what don't close the channel, there are kid who I teach them about business by showing them your videos. And yes they don't have a single money to pay anyone. We love you and your work very much. Thank you.
@tanmayghosh1810
@tanmayghosh1810 2 жыл бұрын
Great stuff man! I find it fascinating how u always end answering the right questions. Keep going!
@akshatkanodia1573
@akshatkanodia1573 2 жыл бұрын
Op editing and voice quality , congrats for 1 million in advance bet by end of December you would be their
@ivinitmittal
@ivinitmittal 2 жыл бұрын
Thanks for adding these animations!!!👍🏻
@manpreetrox30
@manpreetrox30 2 жыл бұрын
Great work Ganesh. The editing, sound quality, infographics and research has improved alot. Keep bringing up more case studies from the aviation sector.
@MohitSingh-cw9ll
@MohitSingh-cw9ll 2 жыл бұрын
Thanks a lot man for all the brilliant case studies. Hats off to your hardwork. Your videos helped me to figure out something, which was really important for me
@amitjodha
@amitjodha 2 жыл бұрын
Seeing the comments, it's a quick realization that so many viewers from other platforms that I like are coming in and noticing your videos. This has the potential to be a great community that has taste in ideas rather than tantrums of the society.
@prathamvora1533
@prathamvora1533 2 жыл бұрын
Wth!? You guys deserve more than 10m subscribers ….so inspired by the hardwork you and your team put in to give us these quality videos
@syedrizwan2203
@syedrizwan2203 2 жыл бұрын
Every time learns new things and excellent strategies I wonder how you choose a topic and phrase it in such a contrasting way, your research and way of delivering love it.
@deepaksivadas6327
@deepaksivadas6327 2 жыл бұрын
Awestruck!! The entire narration was like a short story... appreciate the depth of research and presentation.. !! Longing for more such content.
@dheerajvaryani
@dheerajvaryani 2 жыл бұрын
You always tell things from scratch. Always love your videos
@rhishikeshsonawane8980
@rhishikeshsonawane8980 2 жыл бұрын
Keep educating us! Waiting for more such videos. Also sound quality n editing was too good in this video! 👍
@sharikaprakash9017
@sharikaprakash9017 2 жыл бұрын
Absolutely love your content. Keep up the good work :)
@saxenadevesh09
@saxenadevesh09 2 жыл бұрын
Brother you are amazing! your videos are so refreshing and interesting to watch!! I can get knowledge on almost anything with these well researched and easy to understand videos. Thankful to you channel and to you :)
@swapnildevang4036
@swapnildevang4036 2 жыл бұрын
Following you from start there are major improvements in editing, information, and everything. Hope I can meet you one day as we live in the same city.
@bhargavreddygopireddy5465
@bhargavreddygopireddy5465 2 жыл бұрын
Amazing video. Just love the case studies. Watching your videos is like doing an MBA.
@ParthSuba
@ParthSuba 2 жыл бұрын
To the point analysis No bluff I just love the simplicity of how puts out the content
@ivinitmittal
@ivinitmittal 2 жыл бұрын
Loved the explanation my man!!🤙🏻
@brutallyhonest4695
@brutallyhonest4695 2 жыл бұрын
May God bless you, Ganesh. Keep your spirit intact 💖💖.
@juanjacobthomas7947
@juanjacobthomas7947 2 жыл бұрын
You never let us down with so amazing relevant case studies!! Thanks for your efforts!!🔥
@rishabhmishra1629
@rishabhmishra1629 2 жыл бұрын
I'm in love with with "Think School" after all these incredible videos they've been providing😍😍
@yashgajabe9566
@yashgajabe9566 2 жыл бұрын
Abhi toh sirf mic aaya he , pura setup to abhi baaki he mere dost ! Keep up the good work ganesh 💜
@santosh_dalvi07
@santosh_dalvi07 2 жыл бұрын
Awesome man. You just saved lot of time of mine. Was reading start with why since a week. Was very curious to know about Southwest airline. 👍👍
@Nikhil_Fagwani
@Nikhil_Fagwani 2 жыл бұрын
This was the most amazing and informative case study ever shown by me in my life on Aviation industry. The videos which I liked the most, I just download those videos and this is one of those. Your videos are beyond any competition. Ganesh sir, I am just a Huge fan of you and your videos🤩🤩.
@ThinkSchool
@ThinkSchool 2 жыл бұрын
♥️♥️
@Nikhil_Fagwani
@Nikhil_Fagwani 2 жыл бұрын
@@ThinkSchool Thank you sir for spending your precious time in replying this message. 😄😄🥰🥰🤓🤓🤗🤗
@evenvlog4991
@evenvlog4991 2 жыл бұрын
Not only learn..... but want to apply this in life also Hats off to your R&D
@RahulTiwari80
@RahulTiwari80 2 жыл бұрын
Never heard about oil hedging strategy. I really appreciate your insightful content
@HrithikMathur
@HrithikMathur 2 жыл бұрын
Whole case studying of southwest airlines has been explained in Simon Sinek's book START WITH WHY. The book you recommended in one of you apple's video it's a great book Thankyou soo much Ganesh sir.
@pradneshsuvvada512
@pradneshsuvvada512 2 жыл бұрын
Being so intelligent and spreading amazing knowledge and still giving a heart to every comment, you have a golden heart bro.
@nikhilgupta7529
@nikhilgupta7529 2 жыл бұрын
Brilliantly explained. I have read this 2 techniques few months ago but that knowledge/ information is scattered but now after watching this video of yours, explaining or I would say laying every single aspect into the mind which now becomes the wall 🧱 at the end. Grateful of whosoever and whatever, through which I get to know this page where you yourself involved us to have a wonderful kind of discussion. Thank you ❤️
@VALAR_Morgulis.
@VALAR_Morgulis. 2 жыл бұрын
Thank you for inspiring and motivating in each and every vedio... Case studies are wonderful lessons for person who want growth in life no matter what there present situation
@skyhightanish
@skyhightanish 2 жыл бұрын
I look forward to watching think school videos much more than any movie or series
@amanpatel7312
@amanpatel7312 2 жыл бұрын
I love watching your videos and amazed the amount of knowledge you acquire
@amitsh053
@amitsh053 2 жыл бұрын
I think this is the best research content from you side. 🎉🎉🎉 Great Work
@bharattanwar5047
@bharattanwar5047 2 жыл бұрын
One of the best video of your bro, and i am not so much interested in business in the past but after subscribing your channel i am interested in businesses.
@karthik505karthik
@karthik505karthik 2 жыл бұрын
Lessons learnt: 1) Profit can never be exponential, linear growth is not failure 2) sustainability and potential for growth lies in the emotional connect between the customer and company's core ideologies and values
@pranavjoshi6430
@pranavjoshi6430 2 жыл бұрын
Hey... amazing video I was waiting for such video since long... Expecting more on aviation industry and such business model of other airlines too.
@siddhaarthkumar
@siddhaarthkumar 2 жыл бұрын
15:32 Last music theme reminded me of *Flying beasts* maldives vlog 😂😂
@siddhaarthkumar
@siddhaarthkumar 2 жыл бұрын
😂😂
@assaliant8856
@assaliant8856 2 жыл бұрын
Song name??
@Mandeepsingh-wj3zf
@Mandeepsingh-wj3zf 2 жыл бұрын
This channel is a blessing.
@subhadeepghosh4386
@subhadeepghosh4386 2 жыл бұрын
The level of explanation ------ Beautiful is all I can say.
@ganapathyaiyappa3327
@ganapathyaiyappa3327 2 жыл бұрын
yooo your videos are soooo good man you are one of the best speakers i know personally in this space well done dude it was very useful thanx a lot cant wait for the next video
@asb112000
@asb112000 2 жыл бұрын
Can't tell you how I am hooked to your videos. They are wealth of knowledge.
@shubhamkolaskar4691
@shubhamkolaskar4691 2 жыл бұрын
Beautifully Explained.... Thank You!!
@archisman4165
@archisman4165 2 жыл бұрын
Can u do a case study on how offline book stores manage to survive in this age of predatory pricing on books by Amazon ??
@jagadeeshr4387
@jagadeeshr4387 2 жыл бұрын
Thank you so much for a wonderful case study presentation...
@nageshsv7397
@nageshsv7397 2 жыл бұрын
Hi Ganesh & Think school, Ton of thanks - no worlds to say every content is very well presented. Wish u to do a successful story of Think school. God bless u and Think school.
@pradeepsiddaraju8995
@pradeepsiddaraju8995 2 жыл бұрын
Keep up the good work man! I really like your explanation with perfect example.
@drajasekhar55
@drajasekhar55 2 жыл бұрын
Nice presentation. There are many innovative approaches they have adopted like lowest TAT( Turn around time), Tech improvements on wings etc. The most interesting one is their employee training for providing customer satisfaction. The personalized announcements in flights, extended help to passengers etc and many more.
@abhinavpillai9386
@abhinavpillai9386 2 жыл бұрын
This is absolutely phenomenal work!
@sarth_shanbhag
@sarth_shanbhag 2 жыл бұрын
Excellent content ! Love it
@librandu653
@librandu653 2 жыл бұрын
This channel has reached the analysis level of Vox media or even Business Insider. Congrats!👍
@swapnilpradhan2674
@swapnilpradhan2674 2 жыл бұрын
You're doing a great job! Keep it up!
@skgudboy
@skgudboy 2 жыл бұрын
One of the best channels on KZbin… I never miss ur videos and I must say your channel has helped a lot in my career
@starboy001
@starboy001 Жыл бұрын
One of the most insightful CS. Thanks a lot.♥️♥️♥️💯💯💯 Nice thumbnail too😁😂
@yashgarg1934
@yashgarg1934 2 жыл бұрын
As always a great and unique content. A small request -> Please make a video on Privatization of airports and their business model. Would like to know your insights.
@prakash2814
@prakash2814 2 жыл бұрын
The story is informative, well explained and inspiring. I also noticed that editing and sound has also improved. Keep up the good work. 😊
@ayushsinha3006
@ayushsinha3006 2 жыл бұрын
I ignored this video yesterday coz of thumbnail..bt u got me today :p. Previous one felt like redundant. Good that u changed it. Great content as always.
@karthikeyan8752
@karthikeyan8752 2 жыл бұрын
Just like south west airlines This Bhaiya values his viewers so much that he literally is reading and giving heart to all comments Dedication level 💯
@paswanravi5888
@paswanravi5888 2 жыл бұрын
Employees of Southwest Airlines must be so proud of their company.
@piyushlohiya4037
@piyushlohiya4037 2 жыл бұрын
Great thing you are doing buddy. Your's video are very insightful and well explained.
@muffiq1
@muffiq1 2 жыл бұрын
Thorough study superb content Wonderful, keep it up bro!!!
@varunmundale4627
@varunmundale4627 2 жыл бұрын
Sir can you make video on how TCS/Infosys started IT revolution! Great work BTW!
@techiindian9011
@techiindian9011 2 жыл бұрын
you need to update the equipment details buddy! You have upgraded most of it seems! Great going... keep us high with the gyan always!
@NAVNEET549
@NAVNEET549 2 жыл бұрын
Your channel is so amazing. Every time I come here, I learn something new. Hats off bro to your passion and discipline.
@arvind_732
@arvind_732 2 жыл бұрын
Superb 👌, no drama, nothing to skip, straight to the point 👌👍👍
@priyanshusanwaria6682
@priyanshusanwaria6682 2 жыл бұрын
Sir, why do you blow my mind each time I watch your mind-blowing knowledge laden videos
@vinishpillai
@vinishpillai 2 жыл бұрын
Excellent work Ganesh ! The story and your explanation is amazing.
@sarvanthulasi8581
@sarvanthulasi8581 2 жыл бұрын
I think 🤔 your truly adding value for every time I watch you. ధన్యవాదాలు మిత్రమా.
@DARSHANLDCE
@DARSHANLDCE 2 жыл бұрын
One more insightful video! Keep it up... Hats Off to SouthWest! 😃
Sigma Girl Education #sigma #viral #comedy
00:16
CRAZY GREAPA
Рет қаралды 71 МЛН
Как быстро замутить ЭлектроСамокат
00:59
ЖЕЛЕЗНЫЙ КОРОЛЬ
Рет қаралды 8 МЛН
[柴犬ASMR]曼玉Manyu&小白Bai 毛发护理Spa asmr
01:00
是曼玉不是鳗鱼
Рет қаралды 46 МЛН
This Caused the Southwest Airlines Christmas Meltdown.
18:46
Mentour Now!
Рет қаралды 264 М.
How EMIRATES is WINNING when Other AIRLINES are going BANKRUPT?
18:08
Think School
Рет қаралды 1 МЛН
Why India's OG Electric Scooter Company is Failing? - Ather Energy Case Study
16:31
Backstage with Millionaires
Рет қаралды 96 М.
The Cost Of Flying: What Airlines Have To Pay To Get You In The Air
16:14
Long Haul by Simple Flying
Рет қаралды 44 М.
$50 Trillion Was Just Found Under Antarctica
17:41
hoser
Рет қаралды 470 М.
Sigma Girl Education #sigma #viral #comedy
00:16
CRAZY GREAPA
Рет қаралды 71 МЛН