Why Air Travel Is So Hard In The U.S. | CNBC Marathon

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@johnhaxby306
@johnhaxby306 2 жыл бұрын
as an exFA with American I would like to remind everyone saying that airlines can lose huge amounts of money that the CEO, CFO, President, etc all make MILLIONS (our CEO at American made BASE $60 million per year plus perks while FA's in New York were using food stamps to feed themselves) in salary per year with golden parachute retirement plans and stocks, etc... Perhaps the pay for these positions should be taking all the proceeds while the service staff who actually do all the daily sweating and interactions with the paying passengers get low wages, overworked and terrible even hostile treatment from HR and staff management. If the airlines are operating on "thin margins" then stop paying hundreds of millions in salaries to the top 4 or 5 people who run things.
@yolo_burrito
@yolo_burrito 2 жыл бұрын
The industry also received an 80 billion dollar bailout in 2020 to maintain continuity of operations. They didn’t maintain operational readiness.
@karlabritfeld7104
@karlabritfeld7104 2 жыл бұрын
All the more reason not to fly. Don't support them.
@bobmugalu1427
@bobmugalu1427 2 жыл бұрын
Hello
@FinancialShinanigan
@FinancialShinanigan 2 жыл бұрын
Air travel is so horrible we need 45 minutes to explain all the reasons why
@holdenSFZ
@holdenSFZ 2 жыл бұрын
This made me laugh 😂
@namangupta342
@namangupta342 2 жыл бұрын
I just paused the video and was looking at the video timeline and I was like wtf, and then your comment xD ded
@TohaBgood2
@TohaBgood2 2 жыл бұрын
And that's why about 80% of Americans loathe flying and will use any other alternative to flying if it is at all available! We should just build HSR all over the country and get this thing over with. Any flight below 500 miles needs to be replaces with an HSR line.
@3618499
@3618499 2 жыл бұрын
@Financial Shinanigan 😩" Yet, ' We ' continue doing It. So, whose fault is that actually? "
@TohaBgood2
@TohaBgood2 2 жыл бұрын
@@3618499 Our parents’. They thought that trains were obsolete and got rid of almost all of them and started subsidizing driving and flying to such an extent that now we just don’t have any alternatives in most cases. We just need to build our train network back to the level it was before and with better modern tech. That will replace most short-hail flights at least. And we need to stop subsidizing flying and driving!
@bodyloverz30
@bodyloverz30 2 жыл бұрын
When I was a boy in the 80's, there were 35 US domestic airlines, with outstanding service, meals, widebody planes, etc. We need re-regulation and to dismantle the big four airlines, to spur competition.
@rickster100100
@rickster100100 2 жыл бұрын
Yes yes yes and yes!!!! It’s time to dismantle the big four!! Or at least to give the big for a run for their money allow foreign carriers to fly within United States otherwise known as cabotage. I would welcome flights let’s say from Los Angeles seniors on Singapore air France Qatar and emirates. Let the domestic carriers have a run for their competition. American Civil aviation was the Gold Standard for the world. That’s just basically a cattle car. with wings system
@timothyknoles976
@timothyknoles976 2 жыл бұрын
Every airport and airline company around face these same challenges. Most of them outside the US offer better service. The problem with US air travel isn't the regulations or the weather. It's the horrible customer service and mismanagement of assets.
@jakearsenta2144
@jakearsenta2144 2 жыл бұрын
Canada has it worse bud
@alextjb
@alextjb 2 жыл бұрын
One of the downsides of competition strangely in this case. Most countries have a highly subsidized airline. US has many carriers all fighting for the same travels. And price differentiators have been more important to travelers than amenities. That’s obvious by the rise in the spirit and low cost carrier model. What I found very interesting was that the most valuable part of the major airlines today was actually their loyalty program and members… would never have guessed that.
@cstrouts
@cstrouts 2 жыл бұрын
The airlines you're talking about with the great service are all heavily subsidized by their government.
@3618499
@3618499 2 жыл бұрын
@@alextjb 😄(lol) " HA!.... Fall behind in paying their high-priced service fees and find out just how quickly their ' loyalty ' program ends. "
@alextjb
@alextjb 2 жыл бұрын
@@3618499 most valuable meaning - worth the most on a balance sheet. Doesn’t have anything to do with the actual traveler. Other than the loyalty programs provide amenities because the traveler is the commodity.
@biggwaveo
@biggwaveo 2 жыл бұрын
45 minutes and you neglected to mention the humiliation of spending an hour trying to go through TSA, as they only open 1 of 10 lines to keep lines long, yell, yell more about the deodorant you forgot in your backpack, and dont care about your time or experience. All well failing over 90% of security audits.
@useridcn
@useridcn 2 жыл бұрын
I witnessed them wasting 30 minutes testing an unopened baby formula... That's how efficient they are.
@Ones_Complement
@Ones_Complement 2 жыл бұрын
The never ending ratchet effect of government authoritarianism in the name of your safety.
@xsforreal
@xsforreal 2 жыл бұрын
Depends on the airport. The largest international airport in my state only takes around 5 minutes to go through TSA. Atlanta took me almost 45 minutes to get through theirs.
@dashcan8479
@dashcan8479 2 жыл бұрын
That is so true. In Vegas 3 years ago, I saw two people for 750 person LINE. Many missed their flights. Ridiculous. They should have 10-12 people for that line.
@DonJulio4649
@DonJulio4649 2 жыл бұрын
In airline industry we have a saying called the "Golden Parachute" . Upper managments take the riskiest moves with company's money to get the most they can in short period of time, so when the industry crashes which historically does every 10 years due to some reason, they get a huge severance (talking about millions) and runs away with the money. Then when economy returns the shuffle game starts again with new managements and the game starts again. They dont care if the airlines succeed. All they care about is how much they can make and put in their own pocket then move onto another company and repeat. It's pretty disgusting to see honestly. A lot of airlines were exposed during the pandemic of stock buy backs and stuff and its only tip of the iceberg. These Execs makes over a million (our ceo makes 11mill) a year , when the pandemic happened a lot were cut but they all ran away with crazy amounts of money and the bottom guys were forced to be laid off because the company wasnt responsible with the money.
@dannydaw59
@dannydaw59 2 жыл бұрын
The airlines should be required to keep a rainy day fund for when bad luck happens instead of being bailed out. No stock buybacks until that rainy day fund is built up.
@pengo369
@pengo369 2 жыл бұрын
Age old game; robber barons. The rainy day fund is held with congress...who gets the fed to print money.
@hameley12
@hameley12 2 жыл бұрын
👏 👏 👏 Yes! Exactly what I was thinking too!
@mathisnotforthefaintofheart
@mathisnotforthefaintofheart 2 жыл бұрын
Makes me remind of TWA
@TheUniversityLad
@TheUniversityLad 2 жыл бұрын
Too many of these companies want help when they struggle, but bleed customers dry when they are successful. They live in a delusional world 😵!!!
@FitBaylorRob
@FitBaylorRob 2 жыл бұрын
@TheUniversityLad they aren't delusional...that is EXACTLY the World they live in. Perhaps you should watch this again?
@ecoideazventures6417
@ecoideazventures6417 2 жыл бұрын
They are not in a delusional world, we consumers are! We badly need a disruption in this industry like Uber or Tesla or something!
@apl175
@apl175 2 жыл бұрын
Air travel for consumers is ridiculously inexpensive compared to the 1970s and 1980s. In 1980, the average NY to London roundtrip airfare was the equivalent of $1,561 in 2022 dollars. The average roundtrip today for the same flight is approximately $630 in 2022 dollars.
@grubby1745
@grubby1745 2 жыл бұрын
The airline industry is a huge and complex machine that works wonderfully when things are perfect. But when anything interrupts the flow of things in the system, there is a ripple effect that has to go through the system before it clears up. And this goes for every ripple. The more ripples, the more problems felt by passengers. Even with the issues faced today with delays and cancellations, the airways is a good way to travel. Too many air travelers do not understand the complexity of this machine we know as air travel!
@VegetaThoughts
@VegetaThoughts 2 жыл бұрын
I suppose that’s true. However, I doubt most plp are going to understand the complex system of air travel. Most plp are going to wonder why top executives for these companies are making as much as they are.
@nemesissisemen
@nemesissisemen 2 жыл бұрын
that is a big prob with many industries and supply chains today. things are run so tight and tolerances are kept non-existent so as to maximize profits(highest priority) and reduce any excess costs. the result is a fragile system that is unable to stand any external disturbances and goes into crisis mode if someone were to so much as sneeze in the wrong direction.
@bro6568
@bro6568 2 жыл бұрын
@@VegetaThoughts don’t be jealous or envious they’re an easy target and blaming CEOs is old news.. you want that life? Work hard and get it.
@ak6188
@ak6188 2 жыл бұрын
Excellent point thanks 😊
@creditczar6979
@creditczar6979 2 жыл бұрын
Every business is complex. ASSuming every day will be normal is the issue; there are lots of probability tables, forecasts, and algorithms which should be used and adapted for running their business and continuously adapting. Many of the excuses we passengers get are BS.
@Potatopancakes1899
@Potatopancakes1899 2 жыл бұрын
Ah the airline industry, the best example of what socializing the losses and privatizing the gains does to a MFer
@jorkkeker8097
@jorkkeker8097 2 жыл бұрын
This
@joseaguirre744
@joseaguirre744 2 жыл бұрын
They should be completely nationalized or allowed to go bankrupt.
@suntzu1409
@suntzu1409 2 жыл бұрын
What no bit- does to a mf
@johnpatrick1588
@johnpatrick1588 2 жыл бұрын
Reports showed American Airlines had 18,000 pilots in 2019 and in 2022 it had 15,000. I would love to see the schedule changes made reflecting 20 percent fewer pilots able to drive the planes. They had years to do it.
@maPetr
@maPetr 2 жыл бұрын
Thanks for watching☝️Get-in-touch , Let's discuss on Financial investments..
@karlabritfeld7104
@karlabritfeld7104 2 жыл бұрын
Oh so you want exhausted pilots flying your plane?
@bingosunnoon9341
@bingosunnoon9341 2 жыл бұрын
Maybe the pilots quit because of low wages. That's why I quit.
@nataliehilton9334
@nataliehilton9334 2 жыл бұрын
A youtuber called Mentour Pilot (Petter from Sweden), has spoken about most of these subjects in his film recently. One thing he said was that pilots who are boomers, are now coming up to retirement age, and not enough new starters are getting qualified to fly planes.
@coopergates9680
@coopergates9680 2 жыл бұрын
Can't recommend his channel enough. At one point I practically binge watched his aviation incident reports.
@mogwai308
@mogwai308 2 жыл бұрын
Mentor pilot
@miketech79
@miketech79 2 жыл бұрын
Simple, no good fast train service. So it's the only way to travel here. Give people another option and demand for air travel goes down especially for shorter routes.
@bardlover6
@bardlover6 2 жыл бұрын
Came here to say exactly this
@bwetwy5714
@bwetwy5714 2 жыл бұрын
This is something that people dream about, but it would never work in the US simply due to the distances and costs involved. Do you consider a Japanese bullet train to be "good fast train service"? I think most people would, so let's use a bullet train line from Tokyo to Kyoto as a comparison, since it is well-traveled, is very popular, is used multiple times daily, and has been in use long enough to be as efficient and cost-effective as possible. The distance traveled is roughly 230 miles. A similar trip in the US could be from Los Angeles to Las Vegas, which is also about 230 miles apart (via air, and any direct train line would be similar). Within the scope of US travel, 230 miles is definitely in the "shorter routes" category - I'd argue that most people (myself included) would just drive most distances shorter than that, and "longer routes" would be something around 500+ miles. For reference, the distance between LA and NYC is around 2,800 miles. Japanese Bullet Train, Economy: Round-trip Cost: $294 ($147 one-way, each direction) Travel Time, One Way: 125 minutes Typical US Domestic Air, Economy: Round-trip Cost: $110 (as low as $56 from budget airlines) Travel Time, One Way: 75 minutes Airfare is about a third of the cost of the bullet train ticket *and* is close to twice as fast - include dealing with security and airport headaches and, at best, it takes the same amount of time but for a significantly lower price. Also, keep in mind that I gave the fare for the Nozomi, which is the fastest train - the cheaper fares for slower trains can have a one-way travel time of nearly 4 hours at a cost of about $80 each way, or $160 round-trip. I used the Nozomi for comparison because I personally value those extra 2 hours one-way far more than the extra cost.
@bristoled93
@bristoled93 2 жыл бұрын
I been thinking about taking the train to Spain from London instead of flying from Bristol but it's just far too expensive, flying is cheap.
@miketech79
@miketech79 2 жыл бұрын
@@bwetwy5714 I don't think comparing Japan and US costs makes a lot of sense here. A short route like this in this US is typically something that would be driven and not flown right now.
@bisaVCI
@bisaVCI 2 жыл бұрын
@@miketech79 There are about 50 flights LAX to LAS a day. Will bullet trains work for LAX to BOS? probably not. But if we can take our 50 flights a day from LAX to LAS on a train, that is already a plus. And I can totally see 20 daily flights Chicago-Detroit work too.
@brianolson1098
@brianolson1098 2 жыл бұрын
Back in 78 the airlines were deregulated to increase competition and it worked pretty good until the smaller airlines were bought out by the big ones and now the competition factor is gone. So now they can charge passengers for all the things that were once free and treat them like crap because they have a very limited choices.
@bingosunnoon9341
@bingosunnoon9341 2 жыл бұрын
Reagan deregulated the airlines, not Carter. Everything was worse after Reagan.
@brianolson1098
@brianolson1098 2 жыл бұрын
@@bingosunnoon9341 Before you try correcting someone you should try to get your facts straight, but I do agree Regean
@johnpatrick1588
@johnpatrick1588 2 жыл бұрын
Airline flying is similar to using commuter trains except with a lot more hassles and time killing with check-in times, security times, etc. Expect nothing more.
@hgh1727
@hgh1727 2 жыл бұрын
before 9/11 it was a LOT more tolerable. I think security could be relaxed a bit.
@ChristianRunsNY
@ChristianRunsNY 2 жыл бұрын
Other countries have it down
@hgh1727
@hgh1727 2 жыл бұрын
@@ChristianRunsNY Yes because the US is the strictest, other countries don't ask you to take off your shoes, jacket, belt. Plus the security don't have the self importance air of the TSA.
@lzh4950
@lzh4950 2 жыл бұрын
Trains & ground transport are less likely to have to be delayed/cancelled due to inclement weather also
@suntzu1409
@suntzu1409 2 жыл бұрын
""but but trains bad, trains are very slow, trains are only for peasants""
@DrewRueDoo
@DrewRueDoo 2 жыл бұрын
We need more high speed trains.
@markov1917
@markov1917 2 жыл бұрын
Can you afford it ?
@baldisaerodynamic9692
@baldisaerodynamic9692 2 жыл бұрын
wont matter. the governemnt will make it just as miserable
@labeebal-juneidi5332
@labeebal-juneidi5332 2 жыл бұрын
Politics and local government stop those
@designexplainedllc346
@designexplainedllc346 2 жыл бұрын
@@labeebal-juneidi5332 Not really, it's just a pain in the ass to eminent domain a good route with all the litigation involved here in the states. It is a nightmare since private landowners can choose to not sell here in the states.
@davidestremera6003
@davidestremera6003 2 жыл бұрын
In the 1960 and 70's flying was exciting and fun now it's a pain in the ass
@Rommie26
@Rommie26 2 жыл бұрын
Population growth
@MandoMonge
@MandoMonge 2 жыл бұрын
Am I the only one who’s eye twitched when they said “I’ve heard of airlines who’ve had to increase new hire wages 2 or 3 times” as a bad thing?
@jimcaufman2328
@jimcaufman2328 2 жыл бұрын
A car mechanic at a car dealership makes more money than an airline mechanic. An airline mechanic who makes a simple small noncritical mistake faces fines, loss of licenses or prison time. The car mechanic works days with holidays and weekends off while the airline mechanic works grave shift weekends for the first 10 years. After 14 years he gets swing working weekends. Yes, it is hard to find mechanics. There is more than pay to the issue.
@cooper7031
@cooper7031 6 ай бұрын
Glad this has been addressed
@uzyoc
@uzyoc 2 жыл бұрын
The reason US air travel is miserable and terrible is because they are all US airlines. We need to open our airports and air traffic to foreign companies which can provide better customer service, higher pay for their employees, and better pricing for customers.
@martinjenkins6467
@martinjenkins6467 2 жыл бұрын
Yeah we have heard American liners Reputation overseas. Would have liked fly Qantas or British Airways across America. From Australia
@Sorrybudd
@Sorrybudd 2 жыл бұрын
We already have outsourced most of the key contributors of our economy to other countries (like manufacturing). Why would it be a good idea to give more of it away? We need to prop our own economy up not foreign countries - just look at all the money flowing out of our economy to china.
@johnpatrick1588
@johnpatrick1588 2 жыл бұрын
Bob Crandall the legendary head of American Airlines for a long time says he never owned any airline stock and never will because it is not a suitable investment. He also discouraged his employees from buying airline stocks.
@bodyloverz30
@bodyloverz30 2 жыл бұрын
Bob's bad experience in DC ("it's fun to see you die"), mirrored President Trump's!
@rickster100100
@rickster100100 2 жыл бұрын
Screw Bob Crandall!
@dougpage2730
@dougpage2730 2 жыл бұрын
When I fly overseas, I avoid connections at US airports and arrange to connect in the EU. I would rather sleep in a hotel in the EU paid for by the airline that cancelled a flight than sleep on the floor of a US airport.
@katrina4820
@katrina4820 2 жыл бұрын
Agreed. It's shocking how poor maintained and downtrodden most US airports looks and I do same.
@bristoled93
@bristoled93 2 жыл бұрын
@@katrina4820 U.S. airports are fine, it's just that the E.U. has great customer rights.
@canthan4517
@canthan4517 2 жыл бұрын
Flying is so bad….I drive instead! Drove from Houston, Texas to Sarasota, Florida in April….took TWO days but the freedom and exploration was worth it!!
@stevensteelforce2701
@stevensteelforce2701 2 жыл бұрын
And then more Psychopaths with feelings of inferiority are needed to abuse travelers with their comical security badges.
@landtuna8061
@landtuna8061 2 жыл бұрын
I retired in September of 2001 and while working flew a great deal for both pleasure and business. After these so-called "security" measures were put in place I vowed never to set foot aboard a commercial airline again - and so far I've kept my promise. Interestingly, my wife is an active airline employee and has access to virtually free air travel. They can keep it.
@HappyPenguin75034
@HappyPenguin75034 2 жыл бұрын
Why? We fly to Asia often and in US. Never any issue at all. Never.
@georgfriedrichhandel4390
@georgfriedrichhandel4390 2 жыл бұрын
Having worked in the airline business for most of the 90s, IMO, what killed the business was deregulation. Deregulation was supposed to increase competition which would in turn foster better service and lower fares. Today, the airline sector has never been less competitive. Four major airlines now control 80% of the domestic market, service is by any conventional standard unacceptable and even though fares are, on average, lower, they are also much more restrictive and not all seats are available at the lowest fare. And on top of that, many smaller communities that used to be part of the airline grid are no longer being serviced by any air carrier. The airline business is a high fixed cost industry that does not lend itself well to open competition. Now some people will say that the private sector is much more efficient at running a business than the government is. I say to these people that since deregulation in 1980, more than 120 airlines have gone out of business. That doesn't sound too efficient to me.
@mikeydude750
@mikeydude750 2 жыл бұрын
deregulation has always been just an excuse to consolidate industries and juice profits, always has been, always will. don't believe the pro-corporate propaganda.
@georgfriedrichhandel4390
@georgfriedrichhandel4390 2 жыл бұрын
@@mikeydude750 Spot on, friend. I don't believe it because I've seen how deregulation doesn't work. Flying is such a drag now. Everything is low-frill unless you fly first class. No wonder so many pilots didn't return after Covid.
@karlabritfeld7104
@karlabritfeld7104 2 жыл бұрын
Thanks to Reagan years ago
@georgfriedrichhandel4390
@georgfriedrichhandel4390 2 жыл бұрын
@@karlabritfeld7104 This actually happened under Carter.
@oscargr_
@oscargr_ 2 жыл бұрын
"Thin margins" ... Depends on whether your ticket cost half or double of that of the passenger right next to you. They work so hard to keep prices intransparent.
@1clodhopper
@1clodhopper 2 жыл бұрын
Instead of bailing out, if we nationalize them for a period of time giving the public a deep look into their finances and what went wrong before selling it back to private sector in piecemeal. We might get some insight into stopping this from happening over and over. Sick of my tax dollars bailing out oversized corporations.
@Pyrrhic.
@Pyrrhic. 2 жыл бұрын
I’m having trouble finding sympathy for their airlines. Is that why during their 10 years of profitability, they decided to do stock buyback instead of building a cash reserve? Like don’t give me that crap that airlines have it tough, cause a lot of it was bad decisions on their end. If they consistently need taxpayer help, then why don’t they just get nationalized.
@junior1497
@junior1497 2 жыл бұрын
Because that would be COMMUNISM! When they get tax payer grants, its because they are too big to fail corporation though
@LMays-cu2hp
@LMays-cu2hp 2 жыл бұрын
Thank you for sharing the travel industry and what is happening with it today.
@KBTadieh
@KBTadieh 2 жыл бұрын
Most businesses in America operate under the principles of greed not just these air lines.
@katrina4820
@katrina4820 2 жыл бұрын
Not most my friend ALL. Hence nothing is functional or maintained in the supposed wealthiest nation.
@jeremypearson6852
@jeremypearson6852 2 жыл бұрын
After seven years in the industry with four airlines, I attribute the pain of travel down to deregulation. Deregulation created a lot of small start up airlines, many of which no longer exist. These startups put a lot of pressure on legacy carriers and some of those no longer exist (Pan Am, Eastern, Continental, Braniff, TWA). Once fares went down, so did service. It became like traveling on a bus or the subway. Lower fares also meant that airlines couldn’t spend so much and in some cases couldn’t make a profit except when gas prices were low.
@MichaelJohnson-vi6eh
@MichaelJohnson-vi6eh 2 жыл бұрын
are airlines overseas much more subsidized by the government than ours? Just thinking about being in an airport makes my stomach clench. Parking, security, waiting in long lines, super expensive food, uncomfortable waiting areas, tiny airplane seats, weather delays, layovers and connections. The last time that I flew I missed my connection because the place was late and i had to take another plane to a nearby city and then take a bus and a cab to pick up my car.
@joshgseyi
@joshgseyi 2 жыл бұрын
25:44 look the dude on the left aisle seat, ain't he in Daredevil?
@johnpatrick1588
@johnpatrick1588 2 жыл бұрын
When I want to fly airlines off my island home the 2-hour flight to Florida requires me to be at the airport 3 hours before departure. I haven't flown airlines in years.
@Troy_Built
@Troy_Built 2 жыл бұрын
I haven't flown since 2006. I simply refuse to deal with it. Having to burn an entire day each way for what amounts to an actual flight time of less than 4 hours is absurd. The only reason they do it is people put up with it. It would improve dramatically if people would simply refuse to fly under those conditions.
@Steven-xf8mz
@Steven-xf8mz 2 жыл бұрын
It's so hard because the business is so easy. It's always hard for someone, if it is not on the side of the company, it must be with customer. Air travel in the US is like a huge monopoly, either by design or by coincident. We lack alternative means due to lack of high speed rails, so most travel beyond 2 hours drive is done by air travel, without meaningful competition there is no motive to improve. In good time airline just continue with their share buyback and executive bonus, but crisis requires US govt to step in with tax dollar. It's like a guaranteed profitable "private industry" that's backed by govt, which reminds me of how state companies operate under CCP where executives are either associated with govt or is a part of the govt. It's a total fraud where govt are lobbied by these people to funnel tax dollars to their friends over time except it's legal. Had air travel been completely 100% publicly owned by US govt, we would be keeping billions every year back to the our deficit, or lowering ticket prices for consumers. When we have "private" companies that we have to step in every time it loses money, why not make it public instead, after all the risk is with tax dollar either way yet citizens get nothing in return.
@qjtvaddict
@qjtvaddict 2 жыл бұрын
So China is basically USA with a higher IQ and less regulation.
@Steven-xf8mz
@Steven-xf8mz 2 жыл бұрын
@@qjtvaddict 2 different system, neither is smarter in my opinion. In the US, it's just legal corruption, for example, China has high speed rails that aren't even profitable but continue to operate as needed because it's considered a public service. US has a hardcore car culture and air travel culture but US subsidize car culture with free highway and road construction. We are under the impression that US infrastructure dollars are for the people but in reality it's for the auto industry. No one buys car if roads don't exist. You wouldn't buy internet service if it can only be accessed outside of Verizon HQ instead from you home. The main difference is that US system promotes legal corruption that funnel tax dollars to the rich while china system generally require breaking the law to commit corruptions. If speaking politically, I would say US is the smarter system. Financially China has a better system.
@suntzu1409
@suntzu1409 2 жыл бұрын
@@Steven-xf8mz Mfw corruption is legal
@MatchaCocoaDog
@MatchaCocoaDog 2 жыл бұрын
TWA and PAN AM were amazing when I was a kid!! I fee bad for anyone who didn't get to fly when it was still a great experience with good legroom and the food actually tasted good.
@martinjenkins6467
@martinjenkins6467 2 жыл бұрын
Poor old Pam am is gone, it Was an American icon.
@rickster100100
@rickster100100 2 жыл бұрын
@@martinjenkins6467 it was the gold standard and superior aviation product that the whole world envied.
@gercekkimlik5499
@gercekkimlik5499 2 жыл бұрын
There's a substitute. High speed trains high 🚄 like in Europe.
@ricardos8307
@ricardos8307 2 жыл бұрын
Cant do that in the US, the country is just huge and the infrastructure for trains isn't there, if you live in any country in middle to western Europe High Speed Trains are a blessing
@baldisaerodynamic9692
@baldisaerodynamic9692 2 жыл бұрын
until the govermment makes it just as miserable as flying
@justrandomthings319
@justrandomthings319 2 жыл бұрын
@@ricardos8307 Yeah, and spend twice the time travelling. Also, try taking a train to Hawaii or Alaska or Puerto Rico.
@zyancuerdo8367
@zyancuerdo8367 2 жыл бұрын
@@ricardos8307 well either that or your stuck at airports
@williamloh9018
@williamloh9018 2 жыл бұрын
To go FRA to Hong Kong...? Nope...
@juelzkellz
@juelzkellz 2 жыл бұрын
The airline industry sucks here in America because there's no other quick and efficient way to get around the country. The airlines in effect have no competition. There's no incentive for them to improve service.
@zangarkhan
@zangarkhan 2 жыл бұрын
Not surprising that the Airlines are sub-optimal compared to maglev trains in many domestic city to city travel. Gov needs a better strategy than being held hostage by bad business practices. You could use this entire video as basis on why 3rd option is need to airlines to mitigate risk, lower costs, increase jobs, etc. But the real challenge is heavy airline lobbyist against maglev.
@eggheadegghead
@eggheadegghead 2 жыл бұрын
It simply won’t happen in the USA. If you known anything about how the US Gov system works…..sad!
@zangarkhan
@zangarkhan 2 жыл бұрын
@@eggheadegghead yeah sadly probably not in our life time.
@suntzu1409
@suntzu1409 2 жыл бұрын
"Is this bribe or corruption? No, its lobbying"
@suntzu1409
@suntzu1409 2 жыл бұрын
But but maglev is expensive
@janiekcarney5482
@janiekcarney5482 2 жыл бұрын
I want more room. I don’t want to be crammed into a small space.
@SupermanHopkins
@SupermanHopkins 2 жыл бұрын
Round-trip fare: about $400. CEO pay: around $15 million/yr. Fuel prices: surging for everyone, not just airlines. Airlines: feel sorry for us because these fuel costs are high.
@kagame6524
@kagame6524 2 жыл бұрын
What happens in the background is way more complex and super interesting… hopefully this eases my annoyance of cancelled flights
@temich1985
@temich1985 2 жыл бұрын
Need more trains, trains, trains
@davestevens4193
@davestevens4193 2 жыл бұрын
I can't believe it took you 45 minutes to explain something so simple
@lavalampluva55401
@lavalampluva55401 2 жыл бұрын
Airlines blame problems on COVID. But their problems have been simmering for quite a while now. Possibly things started going downhill with abolishing deregulation? Air fares have never really gone down. Airlines have just started charging fees. Baggage fees are among the biggest complaints. Most passengers have baggage!!!
@relucentsandman6447
@relucentsandman6447 2 жыл бұрын
man if only trains existed, i wish someone would invent those by now
@derekwall200
@derekwall200 2 жыл бұрын
i remember back in the late 90s up until 2000 when flying was a lot more fun back when the flight attendants were nicer to you, there weren't as many mile high meltdowns, the airfare was cheaper, the food was tastier, and when your friends and loved ones could actually meet you at the gate inside the terminal. but now it's all gone to hell in a handbasket and from the looks of things it might not be coming back
@lorityson79
@lorityson79 2 жыл бұрын
I remember when you could buy someone's ticket in the want ads of the newspaper. People change their minds, no biggy if the flight was still in the future...
@kenjifox4264
@kenjifox4264 2 жыл бұрын
I flew Spirit air once. Never again. If you use that airline you don’t get to enjoy flying, you get to endure flying. It’s the equivalent of doing all your grocery shopping at 7/11. Bad idea.
@andrewpm2
@andrewpm2 2 жыл бұрын
Hopefully legislation will pass requiring airlines to REFUND your money when they cancel your flight instead of vouchers/credit that expire in 12 months. A rrecent report indicated airlines kept $10 billion in unused/unclaimed vouchers/credit yet this industry gets a government bailout when things go wrong while executives continue to receive 6-figure compensation. Now that I think about it, the airline industry is just fine (if you're an executive).
@rickster100100
@rickster100100 2 жыл бұрын
It’s more like seven figure income.
@oneTOU3
@oneTOU3 2 жыл бұрын
They should let these airlines go under.
@davidestremera6003
@davidestremera6003 2 жыл бұрын
Why are ceo's getting bonuses when they lose money?????
@MegaOneish
@MegaOneish 2 жыл бұрын
Exactly
@bulbman7080
@bulbman7080 2 жыл бұрын
Never flown and refuse to fly, no issues here!
@johnpatrick1588
@johnpatrick1588 2 жыл бұрын
Their frequent flyer programs/loyalty programs businesses are worth more than the flying operation. They are also more profitable. All of those flight points banks, hotels, etc give to their customers for spending money cost those companies money to buy.
@MR3DDev
@MR3DDev 2 жыл бұрын
What are these people talking about? The last few times I've gone to the main airport here in Houston, there are so many people flying you'd think they gonna start coming out the windows.
@maPetr
@maPetr 2 жыл бұрын
Thanks for watching☝️Get-in-touch , Let's discuss on Financial investments_
@CausticLemons7
@CausticLemons7 2 жыл бұрын
4:10 But how does that compare to the size of the market at each time? We really need better context and representation of the data.
@LearnToWin823
@LearnToWin823 2 жыл бұрын
There is a major worker shortages across all departments within the aviation industry from pilots to flight attendants to baggage handlers to maintenance to service agents…every department is in need of more workers especially after all travel restrictions both domestic and international have been lifted. Traveling will be a painful experience for everyone especially during the holidays until airlines find more workers 💯🤦🏻
@bingosunnoon9341
@bingosunnoon9341 2 жыл бұрын
Higher pay will fix all that.
@bobmugalu1427
@bobmugalu1427 2 жыл бұрын
Hello
@manuvns
@manuvns 2 жыл бұрын
Not enough people to work for peanuts, people want tickets for 200$ , millions to pay for jets and fuel and regulations the math does not work
@davidbarnett9312
@davidbarnett9312 2 жыл бұрын
We as Americans are out of touch. Travel by car: speed limits enforced by less than trustworthy cops plus small towns that police for profit. Add to that constantly torn up roads that are 'repaired/repaved' and then three months later ripped up again. Travel by train: dead. The surviving 7 class A railroads own an overwhelming percentage of tracks. What Amtrak trains that do survive most often find themselves in sidings while freight trains pass by. It's nothing for an Amtrak passenger train to be some eight to nine hours late. Decades ago, the opposite occurred. There was a timetable and passenger trains were class A keep them on the mainline. Travel by air: too many parking lots, too many people traveling, too many over worked employees, too much over booking, too much useless security measures, etc. etc. etc. While we spent trillions on empire, useless wars, and military hardware, Europe invested in people travel and electricity plus most of their airlines and railroads are owned by respective governments and subsidized. They spent nothing on their military relying on the 'empire' to protect them.
@erikgustafson9319
@erikgustafson9319 2 жыл бұрын
also one more thing if you are outside of the northeast in any specific region you get no access to effective intercity rail.
@dannydaw59
@dannydaw59 2 жыл бұрын
I wish the government required airlines to build up a rainy day fund instead of bailing it out.
@davidportnoy3237
@davidportnoy3237 2 жыл бұрын
It's easier to fly private now than business class. I think business class is gone forever.
@68orangecrate26
@68orangecrate26 2 жыл бұрын
Easy answer: Look at our society, in general. Stepping into a passenger terminal is right up there with shopping at Walmart. The fact that airlines are too big now to run efficiently is icing on the cake.
@issybella2056
@issybella2056 2 жыл бұрын
I live in Canada and during the pendemic, the government gave billions to Canadian airlines, but now that we are getting back to normal the airlines are seeing how far they can go in screwing customers and the government is no - where to be found. As far as l'm concerned, airlines, especially Air Canada can go under, as they are the worst of the worst.
@SatabdiKundu07
@SatabdiKundu07 2 жыл бұрын
In india air travel was not much affected (not international) during pandemic but we also don't have staff stroges like west now airlines taking double fare what used to be in early 2020.
@CapnCody1622
@CapnCody1622 2 жыл бұрын
I don’t need a 45 minute video to tell me the answer: GREED.
@designexplainedllc346
@designexplainedllc346 2 жыл бұрын
We live in a Capitalist country, Greed and profit should be gained wherever legally feasible. Look what happens to communist countries. In a capitalist country some are rich, most are ok, and some are poor. In a communist country everyone is poor together except for the dictators and his cronies. The 1% here in the USA has a average household wealth of $11 million, but you have to remember that is close to 3 million people here.
@CapnCody1622
@CapnCody1622 2 жыл бұрын
@@designexplainedllc346 You don’t have to be a disgusting piece of scum to operate a business. Yet 99% of big businesses choose to be like that for no reason other than complete greed. If “legally feasible” is all we’re basing their actions on then we need to change the laws. They shouldn’t legally be allowed to completely screw people over like they do.
@cheesepuffs3765
@cheesepuffs3765 2 жыл бұрын
It's amazing how many of these "so hard in the US" videos there are in the country with the most wealth in the world
@jakearsenta2144
@jakearsenta2144 2 жыл бұрын
Bro flying in the US is fine. I’m from Canada our flying scene is a mess
@jaythekid4728
@jaythekid4728 2 жыл бұрын
All I can say is if you fly a lot, I myself fly for work every two days around the country, get precheck as well as get to the airport 2 hours early before your flight boards. I don’t see why people think they can catch their flight getting there 30 minutes 😂😂😂 just get there 2 hours early and you’ll be fine
@bullet2800
@bullet2800 2 жыл бұрын
Precisely! It’s not hard!
@lorityson79
@lorityson79 2 жыл бұрын
Who the f arrives 30 minutes before a flight? No one. You arent that clever. Try again.
@jaythekid4728
@jaythekid4728 2 жыл бұрын
@@lorityson79 dude I fly 4 times a week on average. I see people all the time rushing and even panicking about there flight leaving in 30 minutes as they’re in line checking in their bag. Humans are stupid
@timallison8560
@timallison8560 2 жыл бұрын
if you want people to travel more, it makes sense that you should give your best tech to everyone to use, not just those few travelers that may travel more. if you make the experience better, easier, faster, and less like an unwelcome doctors visit, more people will travel. this is not rocket science.
@forodekaloris8143
@forodekaloris8143 2 жыл бұрын
Bitcoin is bringing a different revolution in the world Economy,be optimistic to be an investor and earn weekly @insight trade Company with me
@calvin_hk
@calvin_hk 2 жыл бұрын
such great video for people just simply say airline has lost their grip ...
@tgs6027
@tgs6027 Жыл бұрын
It would be better if when you got on the airplane EVERYONE doesn't run to use the bathrooms (they are rarely cleaned) it only delays the departure and find your seat (guess what row 10 is not in the back of the plane) get out of the isle most delays are caused by CUSTOMERS! Your child does not have to touch every seat arm rest on the way out of the plane you have people behind you! Say goodbye and turn off your cell phone (enjoy not being on social media!)
@davidtucker2076
@davidtucker2076 2 жыл бұрын
Can you share something positive? Everything you post is about misery and then everyone wonders why there’s so much depression, anxiety, and suicide in the world
@justrandomthings319
@justrandomthings319 2 жыл бұрын
BRO!!!!!!!!!! Thank you so much. It's why I stopped watching their videos. I mean business news and documentaries is a good balance of both. How about videos of why this or that company is successful or what this company or industry is doing right etc. It's all just doom and gloom from this channel. Their international channel is a little bit better because there's at least some positive stuff over there.
@geo1134
@geo1134 2 жыл бұрын
Over the last 20 years The airline industry opened up travel to the proletariat class. An airport is no different from a bus station at this point . Now they are paying the price.
@susandoll3187
@susandoll3187 2 жыл бұрын
Yes, there was strict security before 9/11. Example. Heathrow after Lockerbie.
@mybookoflife748
@mybookoflife748 2 жыл бұрын
@30:06 just flew this past weekend with southwest and was cancelled several times due to weather. Long story short, we were stranded in Stl and got a hotel room. Of course they wouldn’t reimburse us due to weather. However, because they flew our bags on a different flight and they were delayed a day, they gave us $200 travel voucher. Smh. The irony
@senorbautista6143
@senorbautista6143 2 жыл бұрын
Airlines’ race to the bottom and customers expecting 1st class treatment while they demand paying the cheapest fares possible.
@skylineXpert
@skylineXpert 2 жыл бұрын
When traveling on SEA-ORD In 2018. What people didnt drag onboard because hand lugagge was generous and checked was expensive. Had Eurobonus silver so I got a good treatment from United. But I wont touch them unless I have too
@NicksDynasty
@NicksDynasty 2 жыл бұрын
We need high-speed rail.
@bigshotaviation8570
@bigshotaviation8570 2 жыл бұрын
I know right
@hs0zcw
@hs0zcw 2 жыл бұрын
The other day I learned that there are TRAINS !!!! No arriving 3 hours before departure, no airport maneuvering problem white parking, Adam remarkably enough good food while you're traveling. The American taxpayer paid for all of that track and a train industry to be establish only to leave it for time consuming air travel... Is something wrong with this picture?
@Charlie-zj3hw
@Charlie-zj3hw 2 жыл бұрын
We won't fly anymore .. Imagine showing up at the airport 2 HOURS early and still miss your flight because only 1 TSA line is open .. TSA IS A JOKE
@LebronCCP
@LebronCCP 2 жыл бұрын
CLEAR
@JazzyJae88
@JazzyJae88 2 жыл бұрын
Depending on the size and actual passenger traffic is what effects TSA times. Also worker shortage, just like any other profession makes wait times longer. I wouldn’t show up to JFK or LAX two hours before my flight and expect to be check and and through security in 2 hours. I live in Virginia. All the airports near me (ORF and RIC) I could definitely show up two hours pre-flight and be fine. Now flying out of Dulles, at least 3-4 hours. It’s large international hub so more people, longer wait times. Think smarter so you don’t have to work harder.
@LebronCCP
@LebronCCP 2 жыл бұрын
@@JazzyJae88 what if we aren’t as smart as you
@JazzyJae88
@JazzyJae88 2 жыл бұрын
@@LebronCCP you will be working harder 😬 like this OP I also think a lot of issues people have with TSA are with the novice flier. I don’t fly more often than 1-2 times a year, BUT I’ve been traveling like this my entire life (grew up Air Force) so I’ve lived through the changes. I’ve lived, learned, and adapted. Know your facility and know your resources. Less disappointing this way.
@Ones_Complement
@Ones_Complement 2 жыл бұрын
Thank your perpetually overreaching and authoritarian nanny state.
@dimaatik
@dimaatik 2 жыл бұрын
thats why we need high speed rail
@tripjet
@tripjet 2 жыл бұрын
at least provide a sandwich for passengers.. so cheap..
@devanman7920
@devanman7920 2 жыл бұрын
Now from an outside view this is an honest question....is basically every form of transportation worse in America than Europe?
@emilianoruiz7681
@emilianoruiz7681 2 жыл бұрын
If they are so profitable then why are we bailing them out?
@inderpalsingh422
@inderpalsingh422 2 жыл бұрын
Do I really need 45 mins to find out the answer?
@christopherandstephaniehil5782
@christopherandstephaniehil5782 2 жыл бұрын
Six flights in the last 2 years. Everyone had a delay! Some minor some over 24Hrs….painful
@donaldsmith3048
@donaldsmith3048 2 жыл бұрын
There are many delays have been there are not enough people to man the ATC and pilots because of the rules that everyone must be vaccinated not weather! There was days that ATC couldn't man centers. There has not been any more bad weather!
@JazzyJae88
@JazzyJae88 2 жыл бұрын
I love flying but my gosh, it’s expensive AF. Comfortable flights cost nearly as much or more of the final destination accommodations. Not sure if all of this is true of carriers outside of the U.S. but sheesh. I remember a time that any flight you got at least a boxed sandwich and chips. Now you are lucky to get 4oz of water and 5 almonds for the economy seat. I also remember a time when it was just economy class, business class, and first class. Now you have two economy classes? Having to paying for a seat to not squish you into a seat with barely any leg room.
@leos1023
@leos1023 2 жыл бұрын
A bottle of my special dental toothpaste is somehow a threat to National Security.
@alexevert5457
@alexevert5457 2 жыл бұрын
8:49 "making sure they meet government regulated safety standards." MY GUY IS LITERALLY STANDING ON THE LADDER RAILING IN VIOLATION OF OSHA REGS. I live the timing.
@raidb0ss29
@raidb0ss29 2 жыл бұрын
Glad someone else noticed that.
@alexevert5457
@alexevert5457 2 жыл бұрын
@@raidb0ss29 They used that same B roll clip in a video like a year ago. Emailed it to my department safety coordinator.
@usa-empireis-dead227
@usa-empireis-dead227 2 жыл бұрын
Capitalism needs to get rid of CLASS division! ALL humans should desire to maximize comfort and quality and peace of mind for all!
@DRawwrrr
@DRawwrrr 2 жыл бұрын
Jet fuel pricing fluctuations don't have a 1:1 immediate impact on cost to airlines; they use financial derivatives to hedge the fuel cost.
@Lionsgala
@Lionsgala 2 жыл бұрын
Everything is hard and expensive in the US
@AgentDialUp
@AgentDialUp 2 жыл бұрын
I had one airline this year subject me to back to back 24-hour delays. In place of accommodation, they wanted me to spend money on their lounge to sleep overnight on a couch... Insulting.
@RyanSmith-id2di
@RyanSmith-id2di 2 жыл бұрын
The economy did not need to be shut down/regulated like it was in 2020-2021
@Vip__honey
@Vip__honey 2 жыл бұрын
I respect everyone who were involved in this Seriously the best piece that i ve ever seen on KZbin 💌 Hate off to well all 💟 love your videos
@jessibuck98
@jessibuck98 2 жыл бұрын
If you’re going to spam, you could at least spell correctly.
@moctezumaaleg2008
@moctezumaaleg2008 2 жыл бұрын
maybe profitability in U.S was reduced but Mexico alone had a increase of passengers largely due to less Government restrictions and every airline in Mexico is usually a U.S airline or a U.S operated Airline based in Mexico.
@christopherstimpson6540
@christopherstimpson6540 2 жыл бұрын
High speed rail in the medians of our interstates makes more sense than getting each car and blasting it up to 40,000 feet and back down to earth.
@Scrunchie_777
@Scrunchie_777 Жыл бұрын
Stop canceling flights last minute, multiple times, while giving no compensation for the flyer while forcing flyers to shell out extra dollars for the next flight that was forced due to the AIRLINES' INEPTITUDE. Screw the US airline industry. Poor quality, corrupt, short-sighted.
@stevenherrold5955
@stevenherrold5955 2 жыл бұрын
i don't fly and i don't want to everything i see around the airline industry looks like a nightmare. why anybody is willing to go through the hassle to fly anywhere is beyond me
@Zurich_for_Beginners
@Zurich_for_Beginners 2 жыл бұрын
8:48 The commentor talks about safety regulations but shows a worker who use a leader in dangerous way.
@billwong7420
@billwong7420 2 жыл бұрын
That is why PANM was going out of bankrupt and eliminated. Airline maintenance workers a are poster child’s. Only pilot and flight attendance had a safe jobs, especially pilots. They are like gods.
@MrBakedDaily
@MrBakedDaily 2 жыл бұрын
I'm 35 and never have flown commercial in my life.I rather take a boat or small aircraft.
@chosenone5536
@chosenone5536 2 жыл бұрын
So you never travel to Europe or Asia?
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