Will air travel ever recover? Australia's aviation crisis and the future of flying | Four Corners

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ABC News In-depth

ABC News In-depth

3 жыл бұрын

Aviation is arguably the highest-profile corporate casualty of the coronavirus pandemic and with airports around the world lying dormant, no-one knows if air travel will ever be the same.
It’s driven the nation's second major carrier, Virgin Australia, to the point of collapse.
So, what went wrong, and do airlines still have a viable business?
Read more: ab.co/3eUPIwB
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Пікірлер: 811
@amateurdraw9524
@amateurdraw9524 3 жыл бұрын
The little faces on the engine covers got me 0:18
@brucegibbins3792
@brucegibbins3792 3 жыл бұрын
Corporations everywhere have an undeniable business plan: corporatize the profits and socialize their loses.
@wkgurr
@wkgurr 3 жыл бұрын
Corporations is one thing but hedge funds is an entirely different thing. Selling Virigin Australia to a hedge fund was as unimaginative a move as it could possibly be. The hedge funds will end up owning the entire world. And only the 1% will in the long run be able to afford to fly. This is the new normality.
@BananaCakeGirl2023
@BananaCakeGirl2023 3 жыл бұрын
Well said Bruce. Spot on.
@KKE1978
@KKE1978 3 жыл бұрын
AMEN TO THAT. Delta for example made 4.8billion in profit in 2019. If they saved that money they would be able to offset their 2020 losses. Just like any normal human you save for a rainy day. Hate we tax payer are forced to bail out these cooperations yet we dont get to enjoy their profits.
@chazz4118
@chazz4118 3 жыл бұрын
What miffs me off, is that this multibillion dollar businesses can get government help just like that, but the poorest people in our country are blamed and are told "well you should have had some money aside"
@paulorocky
@paulorocky 3 жыл бұрын
Welcome to neoliberalism.
@jonchen227
@jonchen227 3 жыл бұрын
The airline industry employs tens of thousands of people in Australia alone, so financial assistance is warranted. Example: Qantas has just made 6000 people redundant, and furloughed another 15000. We also rely on airlines to move people and cargo around the world. That is why they need government assistance.
@BoggleMeBog
@BoggleMeBog 3 жыл бұрын
@@jonchen227 So we should give them more money for cutting their employees, when they have enough money to chill for a long time. They are filthy rich so screw them
@KiedisHaze
@KiedisHaze 3 жыл бұрын
The value that the "poorest" people provide Australia compared to Virgin and Qantas is minuscule. You want these companies to suffer? Fine. But the rest of Australia, especially the mining industry, will suffer right alongside it.
@dannykeogh3940
@dannykeogh3940 3 жыл бұрын
That’s the idea mate end local business so we rely on corporate wankers
@TheTechDivision1
@TheTechDivision1 3 жыл бұрын
As good as this documentary is, I would love to see someone under the age of 50 speak. Don't just focus on the industry and economic pressure, what about the 20-30 year old front line workers such as pilot and flight attendants.
@hectorkeezy1499
@hectorkeezy1499 2 жыл бұрын
I’m 64, but as a Rock’n Roll musician, i forget my age. I missed the spread of age, as Well. Great point mate.
@stevenharris2788
@stevenharris2788 3 жыл бұрын
Not once did they mention sir Richard Branson, as he was tucked away on his private island lol
@soapiesoap5649
@soapiesoap5649 3 жыл бұрын
He doesn’t own much of virgin Australia
@davesboatingfishinggaming
@davesboatingfishinggaming 3 жыл бұрын
@@soapiesoap5649 correct, about 10%
@bensherman8925
@bensherman8925 3 жыл бұрын
How did Rex, a foreign owned airline, receive more government assistance than Qantas and Virgin combined. How did Rex go from claiming to be on the verge of collapse at the start of the pandemic, to announcing plans to expand several weeks later.
@omniversling
@omniversling 3 жыл бұрын
Does Rex fly FIFOs to the mining and gas camps?
@sbalogh53
@sbalogh53 3 жыл бұрын
Ex National Party treasurer pulls clout.
@allang3541
@allang3541 3 жыл бұрын
omniversling not in the West , Rex only fly to a few smaller regional towns .
@peterlovett5841
@peterlovett5841 3 жыл бұрын
@Philip Gibbs Majority owned out of Singapore - from wiki - "A group of Singaporean investors and a collection of Australian private investors purchased the Hazelton and Kendell businesses, which were profitable entities before they were taken over by Ansett. The investors formed Australiawide Airlines, which was officially incorporated on 12 February 2002. The assets of the two airlines were purchased by Australiawide and merged to form the airline Regional Express, known as Rex. In 2005 Australiawide offered a percentage of the owners' shares (35 million out of 115 million shares, or 30.43%) to the public in a float."
@raykirkham5357
@raykirkham5357 3 жыл бұрын
If the virus doesn't get to them and make them STOP, their pollution will turn Australia the one big searing desert devoid of life. Cease fundiing any of these monstrosity airlines.
@RR-qe2qu
@RR-qe2qu 3 жыл бұрын
Sorry, but these big companies expecting to be bailed out during rainy days are crazy. No companies should be too big too fail. It's a free market. Enough with these big companies privatising gains but socialising losses. Tax money should bail out the people not Virgin Australia and its shareholders.
@jessedanielryder
@jessedanielryder 3 жыл бұрын
@Derek Nippl-e The aviation industry, as with any company should be saving their profits for a rainy day. The fact that Virgin has not been profitable in the whole last 10 years means they don't deserve to exist.
@iffracem
@iffracem 3 жыл бұрын
@Derek Nippl-e but maybe helped it spread globally, crowding people together in relatively small spaces. I agree with R R, they're quick to maximise the profit, but when it gets a bit rocky, also quick to demand assistance from the public purse. Stuff 'em
@eyeLikeCarrots
@eyeLikeCarrots 3 жыл бұрын
R R - you won't need to fly domestically anytime soon then ?
@FacelessQueenie
@FacelessQueenie 3 жыл бұрын
@@jessedanielryder Virgin or Virgin Australia?
@wobblybobengland
@wobblybobengland 3 жыл бұрын
@Derek Nippl-e It brought it to the world stage nipple
@utareangara5529
@utareangara5529 3 жыл бұрын
I remember Ansett. Parents had lots of points, used them all up for a flight from Sydney to Sunshine Coast, Business class. Was so cool :)
@BoissonMedia
@BoissonMedia 3 жыл бұрын
My business failed during this, my fault, no safety net for me. None of them should get bail outs.
@johnkean6852
@johnkean6852 3 жыл бұрын
Bas***ds . So many hotels closing too ... during this covid nonsense COVID 1984 See Eric Dubay
@StraightcheD
@StraightcheD 3 жыл бұрын
Hard to not save jobs for mega employers though, unless there's a safety net like a universal basic income.
@or7652
@or7652 3 жыл бұрын
sorry but can't compare. not only are they hugely important for the countries infrastructure but its a mega employer and tens of thousands who aren't directly employed are dependant on them.
@Hubert_old
@Hubert_old 3 жыл бұрын
Ogs r they might have lots of jobs however they are owned by foreign companies which in turn funnel profits overseas leaving next to nothing in there coffers. Australian govt made the right decision.
@internationaldirector2917
@internationaldirector2917 3 жыл бұрын
All business practically affected losing million of million jobs worldwide. No more luxurious life probably over the next 5 years only survival this time.
@paulsmith3820
@paulsmith3820 3 жыл бұрын
I lived in Australia from 1999 to 2005. I flew on one of the first Virgin Blue flights from Melbourne to Sydney. Competition is critical. Without it people have no choice; they get what the government or a monopoly operator dishes up. This is an excellent review of the current airline situation in Australia. I hope that out of the other side of COVID-19 Australia will have two viable airlines. And I hope I will be able to return to one of the best places that I worked and lived in the not too distant future.
@jonchen227
@jonchen227 3 жыл бұрын
Well said
@vickidianacoghlan8946
@vickidianacoghlan8946 3 жыл бұрын
My fathers travel business Orbit Travel in Sydney Centre started up in the the 50s The day before the internet when customer service was key to success. He specialized in around the world trips, he booked the flying boats who landed in rose bay before kingsford smith airport. The days when travelling was elegant. Those days are dead. Commercial travel isn't what it was in the early days of pressurized planes. Travelling by ship pre commercial planes was such an elegant way to travel when deadlines were not an issue.
@Username-ze1ux
@Username-ze1ux 3 жыл бұрын
Now it’s just about money,money,money fast efficient ways and almost zero customer service...welcome to 2020...can’t wait till we start teleporting to our destination..hurry up tech.entrepreneurs we need light travel already...this is your time to shine...these airlines had it coming.
@PurplePinkRed
@PurplePinkRed 3 жыл бұрын
@@Username-ze1ux Yup! Airlines love to treat us like herded cattle, even the non-budget airlines, and they wonder why people hate them and travelling!
@n.r.2258
@n.r.2258 3 жыл бұрын
They all had the chance to save income for bad times .... they did not, they spend it on bonuses to their manager and shareholders. Get it back or chapter 7.
@Hangover-ry9bo
@Hangover-ry9bo 3 жыл бұрын
They always do
@ballinwithkicks8436
@ballinwithkicks8436 3 жыл бұрын
you dont just save 4 billion lol
@ABC-rb5uf
@ABC-rb5uf 3 жыл бұрын
If you read the facts, you'll find out how stupid your comment was. Management all took pay cuts, with the CEO earning no wage and the shareholder haven't been paid dividends in years
@mukarji
@mukarji 3 жыл бұрын
Norbert Rosendahl what’s wrong with you. Are you trying to say companies should become selfish and not reward their employees? If that happens people like you would write we are labour slaves without any reward.
@baronvonlimbourgh1716
@baronvonlimbourgh1716 3 жыл бұрын
👍
@noramaddy4409
@noramaddy4409 3 жыл бұрын
Good report, thank you 4 Corners!
@dreamerthinker5956
@dreamerthinker5956 3 жыл бұрын
Thank you, Four Corners, for your outstanding programming. Keep making it better and better. I would pay to subscribe.
@Tech-geeky
@Tech-geeky Жыл бұрын
As long as they keep uploading on KZbin , i'll be happening without an account.. further fueled by the low quality resolution ABC has on iview.. 1080p all the way :)
@karlossargeant3872
@karlossargeant3872 3 жыл бұрын
I'm watching this Video right now on COVID-19 concerning the Airline Industry plus is really some serious stuff Awesome Video.
@brandstefff
@brandstefff 3 жыл бұрын
38:30 Zoom, Teams, WebEx and Skype we'll be there biggest competition in the post coronavirus period. Very very true John Sharp
@redwingsfan3621
@redwingsfan3621 3 жыл бұрын
1:45. It’s Jet A, not Av Gas. Av Gas is used in piston aircraft, not turbine.
@geebix
@geebix 3 жыл бұрын
Turbines burn bloody paraffin, its stinks
@kenbellchambers4577
@kenbellchambers4577 3 жыл бұрын
@@geebix It not only stinks, but it is deadly toxic. I have obtained a NASA analysis of jet exhaust, and it is extremely poisonous. There are two full pages of two columns each listing the compounds in a contrail. There seven known carcinogens and lots of highly reactive nano-particulated aluminum which is an additive to Jet A to enhance combustion. The oxygen component is burned, but the aluminum is exhausted to the atmosphere. The industry tells us the exhaust is composed of CO2 and water vapour. This is a complete fabrication. There is no clean, respirable CO2 in a contrail. It is all a homogenized mixture of toxins, many unknown as to their health effects.
@vbrvideoproductions4643
@vbrvideoproductions4643 3 жыл бұрын
was hoping someone else got annoyed at the lack of research into what fuel a jet burns - lazy journalism!
@amadd5641
@amadd5641 3 жыл бұрын
Good pick up.
@Banjo_Tails
@Banjo_Tails 3 жыл бұрын
The fact Airlines and Football companies were crying poor a week or so into this lock down shows a failed business model. Where is your money? Where does it go? This is also why high speed rail needs to be built in Australia. We can no longer rely on just planes for travel between our major cities and the planes should not be a monopoly service. I for one would use the train from Brisbane to Melbourne over flying if its anything like the trip i had in Japan.
@johnkean6852
@johnkean6852 3 жыл бұрын
What about boat travel and you must have connecting rivers in some areas?
@StraightcheD
@StraightcheD 3 жыл бұрын
Maybe what we need is a system which enforces a cash reserve requirement of some kind, for large companies.
@windwaker0rules
@windwaker0rules 3 жыл бұрын
well John Howard decided that train money was better used to connect Darwin and Alicesprings for coal mining.
@PurplePinkRed
@PurplePinkRed 3 жыл бұрын
I would much prefer a train - Flying is a pain in the ass
@1greenMitsi
@1greenMitsi 3 жыл бұрын
lol we'll never be as connected as Japan or have anywhere near its infrustructure
@misriahproductions6280
@misriahproductions6280 3 жыл бұрын
we went from a pilot shortage to this
@ImranQureshi-mf2gc
@ImranQureshi-mf2gc 3 жыл бұрын
Once hiring begins again for pilots, there will still be a pilot shortage because of the retiring pilots or pilots who moved, so there is still demand. This should not discourage you since hiring spree will begin for pilots in the next few years or so.
@abingdonboy
@abingdonboy 3 жыл бұрын
Imran Qureshi this is what I’ve heard speaking to a base captain of a major legacy airline in Europe. COVID has actually created a HUGE catalyst for the shifting out of near to retirement pilots so when demand picks back up ( and it will quickly) there’s going to be massive vertical movement as the legacy airlines in particular are all about seniority and there have been senior FOs waiting years to get their 4 stripes who now will have the chance. This translates all the way down
@GlasgowCelticBhoy
@GlasgowCelticBhoy 3 жыл бұрын
What the REX CEO said about video conference is probably correct. Pre-COVID, I might have had about 3 Webex meetings a week. Now I get that 3 times a bloody day! Managers are starting to realise that they don't need to fly across from Perth to Moranbah QLD to catch up with us; just sched in a video meeting and taa daa! But it's a pain in the backside.
@alice5515
@alice5515 3 жыл бұрын
I read that as 3 Weetbix 😆
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
@@alice5515 probably better for you!
@russcoight1586
@russcoight1586 3 жыл бұрын
It's very true; but its quite surprising though that it takes something like COVID for them to realise it. Something like Skype has been around for years now and the product has always been fantastic.
@colinwallace5286
@colinwallace5286 3 жыл бұрын
It’s the plot of every paperback novel we deemed far fetched.
@johnwonder8720
@johnwonder8720 3 жыл бұрын
That lady representing the Unions is going to have a rude awakening if she expects Bain Capital to hire everybody back or even to worry about jobs . Bains going to do what they do best : sell off the parts and walk with a huge profit . I don't think Union jobs are even in their vocabulary.
@James_Sovereign
@James_Sovereign 3 жыл бұрын
Exactly this. She's either not very astute or in denial.
@harrowlandcare4903
@harrowlandcare4903 3 жыл бұрын
"There's nothing like the smell of AVGAS" that's petrol, you can smell Jet A1 or refined kerosene at a major airport..
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
Get use to the memories!
@zapfanzapfan
@zapfanzapfan 3 жыл бұрын
Yeah, he must be at a small general aviation airport...
@johnkean6852
@johnkean6852 3 жыл бұрын
...yes you can always smell it as you enter a plane it's a holiday aphrodisiac - they should bottle it 🤔
@omniversling
@omniversling 3 жыл бұрын
@@johnkean6852 Then we could spray in the family wagon to go on hollies, and pretend it's not the 'new abnormal'...
@aviationiceman9549
@aviationiceman9549 3 жыл бұрын
There’s nothing like the smell of napalm first thing in the morning, it smells like......... well, victory !
@marosbencik815
@marosbencik815 3 жыл бұрын
They can't blame Qantas for trying to cut off Virgin from government funding. If you have two airlines and one of them is in the red digits, of course, it's smart to wipe out the competition although a monopoly is not favorable. Eventually, a new player will enter the game which will take over that part of the market and rival Qantas. It's not fair to pay out dividends when the times are good but expect government help when the times are bad. If the foreign shareholders don't have the money to save Virgin, the Airline needs to meet its fate. That's business. Governments are not here to bail out billion-dollar companies.
@froggy0162
@froggy0162 3 жыл бұрын
Unless you’re an airline who is mates with the transport minister ;)
@AZ.BOT.
@AZ.BOT. 3 жыл бұрын
"aviation transports all of our goods" 4:56 (Paraphrased) I know a few truckies that may take issue with that statement
@AwesomeV
@AwesomeV 3 жыл бұрын
Maybe not all but fat chance of a truck getting product from overseas. And aviation supports the road freight network by bringing them the goods a certain distance for them to haul it the remainder of the journey
@sybrandwoudstra9236
@sybrandwoudstra9236 3 жыл бұрын
Because oil, grain, cars, building materials, etc. are all flown in. Has mr. Byron ever heard of ships and trains?
@lj3276
@lj3276 3 жыл бұрын
Reduce airport taxes, landing fees and expected profit margins and flight costs. If I could fly anywhere in this country very cheaply I would fly more. Imagine being able to fly from Perth to Brisbane for $150 one way imagine how many people would do it because they could. You wouldn’t have enough planes to fit the people in. Sometimes a smaller profit can be greater just by volume. It has always be inhibitive in this country to regularly travel by air
@gazza2390
@gazza2390 3 жыл бұрын
I,m quite enjoying the much cleaner and much much quieter skies thanks very much
@markcottierkw950
@markcottierkw950 3 жыл бұрын
I'm just a domestic customer myself and I think it is absolutly BS that the government didn't help out Virgin Airlines!!! Since Virgin have been in Australia they have Always offered better service and a much more enjoyable flying experience!! The loss of Virgin Airlines is going to be felt across so many industries here in Australia!!!
@PurplePinkRed
@PurplePinkRed 3 жыл бұрын
22 people on a 180 seat aircraft for proper social distancing - Just shows you how packed in we were. 60cm wide seats are a joke! The lack of leg room too!
@vickidianacoghlan8946
@vickidianacoghlan8946 3 жыл бұрын
The longer that airlines are restricted in opening up again like pre Covid times the more damage it will do to the industry. Requesting assistance can only go so far.
@raykirkham5357
@raykirkham5357 3 жыл бұрын
You don't seem to understand. The airline business is a gross liability to the survival of our society. As such I should be severely limited to emergency only operations and replace for most of its functions by other means.
@DarkZerol
@DarkZerol 3 жыл бұрын
Seriously? You do know that almost any airlines companies in the world take major financial losses year after year right? All airline companies especially domestic state owned or subsidized ones expect full bailout by their government a.k.a. money from tax payers even after incurring losses year after year. if anything, airlines companies are actually an extremely costly regression to humanity progress as a race that those much needed funds that can be invested into other sectors instead.
@markwallis7199
@markwallis7199 3 жыл бұрын
Everyone may like the smell of AVGAS but not a single plane in this video runs on it.
@felixwilson5130
@felixwilson5130 3 жыл бұрын
😂😂
@vazdogs7910
@vazdogs7910 3 жыл бұрын
Brilliant get am told!
@vazdogs7910
@vazdogs7910 3 жыл бұрын
What do they run on then?
@kenbellchambers4577
@kenbellchambers4577 3 жыл бұрын
@@vazdogs7910 They run on Jet A fuel. Mostly highly toxic kerosene, some gasoline, some sulphur, aluminum oxide, and nine other additives. Military jets use an oilier JP 8.
@YouPube_X
@YouPube_X 3 жыл бұрын
Vaz Dogs: Jet A1
@brianrallen
@brianrallen 3 жыл бұрын
We don't smell as much Av-Gas these days as when, decades ago, our fleets flew on it -- but we've adapted -- and like the smell of Jet A1, as much.
@redwingsfan3621
@redwingsfan3621 3 жыл бұрын
Ikr.. Jet A and A1 are almost 100% kerosene.
@tpplatfzft
@tpplatfzft 3 жыл бұрын
We’ll move forward. Things will get better. No worries.
@user-ct8my8rv9c
@user-ct8my8rv9c 3 жыл бұрын
privatize the profits, socialize the losses
@BigDukeX
@BigDukeX 3 жыл бұрын
The airline industry, as a whole, should now recognize that business travelers actually do not need them. Corporations, governments, et al - worldwide are functioning favorably without air travel during this pandemic. Grounding 95% of all air travel globally since March 2020...and the majority of businesses around the world continues to thrive. A major pivot in the commercial airline industry focusing on tourist travel is the only real measure that will save them. People will not return to air travel, post COVID-19, without significant and tangible incentives.
@douglasbuck2359
@douglasbuck2359 3 жыл бұрын
Spot on! If I can work remotely as a teacher, there is no reason for an E-3 in the Navy to fly across the country to attend "quality" training, it can be done online!
@charlostainsawshades6962
@charlostainsawshades6962 3 жыл бұрын
Tourism and International students were holding everything together before this
@JeepersCreepers2013
@JeepersCreepers2013 3 жыл бұрын
They recognized it a long time ago. If you flew for business in the 90s and early 00s you'd see an entirely different product than you've seen in the past 10 years. Frequent Flyer programs are almost useless, smaller seats, etc, etc. Southwest came in and changed the entire game. Problem is there aren't many Herb Kellerher's out there. Not to mention, I would think tourism has to be a huge part of Australia's economy.
@clubberlang589
@clubberlang589 3 жыл бұрын
Douglas Buck or was this done by design to create another niche industry because they knew what was coming not only because of a financial economic tsunami, but they wanted to force online industry. Because they knew infrastructure spending was hugely expensive and by pushing this new online world, it would massively cut on those expenses. I never had a problem with it. But I have a problem when we heavily rely one way or the other.
@BigDukeX
@BigDukeX 3 жыл бұрын
Grasshopper, I was there too as a business traveler during those times. I certainly recognize all of the take-a-aways that appear almost annually now. Remember when you could easily walk in the isles pass the food/beverage carts? You simply can’t do that today... on any carrier. Perhaps, this was implemented as a necessary security impediment, if so - I agree with that. Without question, the future of air travel is heading for a long period of unimaginable tough times.
@blondspike74
@blondspike74 3 жыл бұрын
42:03 - domestically one of the more profitable marks in the world...ie; over priced!
@DS-gm8en
@DS-gm8en 3 жыл бұрын
A very good investigation. This will probably be a school example in the years to come, when students of economics and politics will learn how to fix or not to fix the problem.
@Grandassets
@Grandassets 3 жыл бұрын
and all the companies around that industry too like car rental, I have many friends and customers in the U.S from Atlanta to New York, they are all very worried to say the least
@chelo8564
@chelo8564 3 жыл бұрын
Dang those employees were chanting "we are the champions during the last flight of the airline" jeez, certainly the song means something else for some Aussies.
@msteefins7379
@msteefins7379 3 жыл бұрын
Borgehtti was on the Qantas payroll.
@EamonMYT
@EamonMYT 3 жыл бұрын
Yes he was the Qantas Executive General Manager.
@gembelnecis3171
@gembelnecis3171 3 жыл бұрын
So he was double agent ? 🤣🤣🤣
@funnypallu
@funnypallu 3 жыл бұрын
I have no comments on the content here - mainly because I'm not Australian and hence probably it isn't my place to anyway. Just here to say that I liked the format of this program - interviewing relevant people directly, getting their calm & clear responses to decisions / comments that affect them, and such. At least it feels like they want to show a well-rounded picture of how things are - instead of just shamelessly pushing an idea.
@paulorocky
@paulorocky 3 жыл бұрын
It was produced by our country's public broadcaster. No commercial conflict of interest.
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
Well, get yourself a gun and stop believing everything you hear! There is very little truth amidst all the noise and lies.
@dealerovski82
@dealerovski82 3 жыл бұрын
Any chance of Concorde coming back soon?
@alesjug4913
@alesjug4913 3 жыл бұрын
Well done!!!
@k9killer221
@k9killer221 3 жыл бұрын
Virgin never served rural Australia. I've been to scores of large rural towns all over Australia and I've never seen them serviced by Virgin. There is no Virgin equivalent of QantasLink. Their "support" only extends to larger cities where they thought they could make high profits, but their mismanagement couldn't even make that model work.
@ScottishAustralian
@ScottishAustralian 3 жыл бұрын
Virgin flew to Tamworth, Albury, Coffs Harbour, Port Macquarie, Ballina, Bundaberg, Rockhampton, Mackay, Proserpine, Emerald, Gladstone, Hervey Bay, Mount Isa, Cloncurry, Port Hedland, Newman, Onslow, Kununurra, Kalgoorlie, Karratha, the Cocos Islands, Christmas Island, Broome, Alice Springs and Mildura. I'd say that's a fairly extensive regional network for a 2nd airline to have.
@Frazzled_Chameleon
@Frazzled_Chameleon 3 жыл бұрын
"Virgin was extremely vulnerable." They usually are. They usually...are.
@llothar68
@llothar68 3 жыл бұрын
Not when they grow old as virgins.
@mattprior8442
@mattprior8442 3 жыл бұрын
I never in my life was comfortable with the idea of going to places filled with lots of people /strangers and always avoided to travel by means of transport used by multiple people ! That's why I have invested my earnings in my house boat , ATV and a 5th wheeler parked upon the long bed 4 *4 custom truck since it more comfortable and easy to carry the 5th wheel as per the demand anywhere and also the truck can be used for multiple purposes after safely releasing and parking the 5th wheel ! I also have a pilot license for flying any light aircraft but it was primarily obtained to enable me to fly my PARA MOTOR !
@PurplePinkRed
@PurplePinkRed 3 жыл бұрын
Sounds awesome! I've always hated flying - I much prefer driving to places or catching a train. At least you have your own space on a train.
@maryrafuse2297
@maryrafuse2297 3 жыл бұрын
Thinking about you and ourselves hear in Canada. Aviation is so important to Australia & Canada as we are both large countries with relatively small populations. We have big cities but also small remote communities that depend on airlines. Loss of airlines is terrible to contemplate for both our countries. Love to our commonwealth sibling.
@Tech-geeky
@Tech-geeky Жыл бұрын
tell us that when we were stiffed with no fly zones, boarders closed to keep out covid, etc
@andrewburnett2215
@andrewburnett2215 3 жыл бұрын
Loved it! Go Linney.
@raymondlam2532
@raymondlam2532 3 жыл бұрын
1.4 million Chinese tourists visited Australia 12 month from July 2018-June 2019.
@gilberttolosa7694
@gilberttolosa7694 3 жыл бұрын
How many went back to China? Rich Chinese can stay longer maybe for good anywhere. In the US if you have half a million dollars you can have a Green Card. So much for this B S immigration law. Everybody has a price.
@kenbellchambers4577
@kenbellchambers4577 3 жыл бұрын
Half of them CCP agents of subversion.
@skuzapo9365
@skuzapo9365 3 жыл бұрын
Suzy Wong from Hong Kong.
@sagarjina
@sagarjina 3 жыл бұрын
They: no one is travelling so no flights Me: there’s no flights available so m not travelling
@packageism
@packageism 3 жыл бұрын
It’s a sure thing that qantas wants to be a monopoly airline in oz. If it had of been qantas in this situation the government would have bailed them out. The CEO of qantas should not be so arrogant
@cturdo
@cturdo 3 жыл бұрын
Exactly - if they were the weaker company they would want that bailout.
@bodybalanceU2
@bodybalanceU2 3 жыл бұрын
of course the government would bail an aussie company out - qantas - why would they bail virgin out a foreign-owned company
@russcoight1586
@russcoight1586 3 жыл бұрын
Well.. The CEO for Qantas is not Australian! Guess thats where being arrogant is derived from. LOL.
@philcasey5931
@philcasey5931 3 жыл бұрын
I'm of the opinion he makes a good point... The government can't pick and choose who gets a Bail out... They provided a fund for all the airlines... Unfortunately Virgin needed a whole lot more than was on offer, as a consequence of their debt pile caused by the expansion policy of the CEO.
@blueears5429
@blueears5429 3 жыл бұрын
@@philcasey5931 and yet recently Joyce was asking for a bailout.
@adamlowe9093
@adamlowe9093 3 жыл бұрын
This is amazing to think how long it will take for things to bounce back (what does anyway)
@Tech-geeky
@Tech-geeky Жыл бұрын
long is right... Wouldn't be the first time..,. Australia has a pretty good history of not bouncing back, and slow to react... Hate to be the bad boy, but why stop now..
@mikkeya3808
@mikkeya3808 3 жыл бұрын
Thank the dogs for bringing the money in. Keep smilin' My job is safe :)
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
Is it?
@desertdog8006
@desertdog8006 3 жыл бұрын
We all enjoyed cheap air travel. It'll be a completely new world post Covid-19
@aakoch6062
@aakoch6062 3 жыл бұрын
Tickets prices will go high because of limitations of passengers numbers in the plain
@netook8
@netook8 3 жыл бұрын
sadly what this year has told me. That If I hate winter I have to leave my country, permanently to have even 1 day of relief from it. Gone are the days of working the summers in the Canadian oil patch and then wintering in the tropics. Only way it's gonna be warm in January is to move to the tropics and take root there as a permanent resident, or even as a new citizen. Canada's 1% have fully booked the 1%(1% of Canada that does not dive below -20C every winter)
@richardvell3678
@richardvell3678 3 жыл бұрын
Pilots working as Bus driver, former sky princess turning up for a job in sydney's brothels. It just didnt had to be this way..
@panismith1544
@panismith1544 3 жыл бұрын
🤣😂😅👍 funny.
@treknology1068
@treknology1068 3 жыл бұрын
Restart costs will be prohibitive. Every plane that sat dormant will require thorough inspection/repair before going back into he air.
@highstandards6226
@highstandards6226 3 жыл бұрын
Still not addressing the faulty aircraft(max8?) and how those disasters affected consumer confidence!
@paulorocky
@paulorocky 3 жыл бұрын
Only Virgin had ordered them and was yet to take delivery when the Max-8 was grounded.
@PurplePinkRed
@PurplePinkRed 3 жыл бұрын
John Sharpe is a smart cookie and a shrewd businessman - Used his political connections to get Rex further ahead. No doubt in my mind. Don't hate the player, hate the game.
@Kamal67811
@Kamal67811 3 жыл бұрын
Truly Covid is a game and players are Rothschilds Morgans and Rockefellers
@aquariussoda007
@aquariussoda007 3 жыл бұрын
why would you bail out a company that is 90% foreign owned . i do however think its high time the government bails out australian small business which is the backbone of this nation . but we can see the way its going in the world , fewer of everything , do away with smaller companies, so the biggest companies will thrive with less competition . fewer players so rich will get richer .
@bobjuniel8683
@bobjuniel8683 3 жыл бұрын
I believe that is the plan, big multinational companies, interconnected like a giant team or cartel of companies, looking after each other. The computers have done the numbers, there will not be enough to go around, so the masses will have less and less, while the rich will live an exclusive life style. I for one will be excluded.
@rjl110919581
@rjl110919581 3 жыл бұрын
LIKE HOW MONEY CUT OFF TOP END OF AUSTRALIA COMPANY BOSS AND OTHERS ?
@tiitulitii
@tiitulitii 3 жыл бұрын
Hopefully, there will be nomore unnecessary and very much polluting air travel! Also, this is not the last contagious disease.
@whitefields5595
@whitefields5595 3 жыл бұрын
For balance, please discuss the role airlines played in spreading C-19. Particularly recirculation / filtration of cabin air
@redwingsfan3621
@redwingsfan3621 3 жыл бұрын
Would you rather fly below 15,000 feet and take twice as long, pay twice as much (more fuel) and get tossed around in an unpressurized plane?
@whitefields5595
@whitefields5595 3 жыл бұрын
@@redwingsfan3621 No I would not, but please note recirculation is different to pressurisation. The air pressure comes from the primary compressor on the engine and is 'bled off' (aka bleed air) to the cabin. Airlines like to limit bleed air to save fuel and so recirculate the cabin air. The filtration system is pretty rudimentary and not capable of eliminating airborne infectious diseases.
@jayjays3592
@jayjays3592 3 жыл бұрын
Look it up the air is completely renewed every 3 minutes and filtered through HEPA filter, including of 99% of viruses. Look it up if you don't believe me, an airliner's air is probably the cleanest you'll breathe in regards to particles and virus
@whitefields5595
@whitefields5595 3 жыл бұрын
@@jayjays3592 You make my point for me. The air is 'renewed' not replaced. HEPA filters are not fine enough to filter many viruses .... and how often are they replaced anyway? For me, the airlines need to guarantee fresh air, not renewed air. It is for this reason that Boeing made such a fuss about it's new aircraft that used fresh, not bleed, air driven from electric fans with no, or at least very limited, recirculation.
@jimgraham6722
@jimgraham6722 3 жыл бұрын
UV C in filter boxes could help remove virus but would likely require redesign. Post Covid all ventilation systems aircraft, buses, trains, ships, buildings, even cars will need redesign to better assure 'healthy air'.
@bign1667
@bign1667 3 жыл бұрын
Install the aviation flight tracking apps on your phones to see for yourself what planes are currently flying around the world.
@johnkean6852
@johnkean6852 3 жыл бұрын
Never stopped for megas, we're the problem: the great unwashed. ( See flight radar online during the last 4 months.)
@PurplePinkRed
@PurplePinkRed 3 жыл бұрын
Sounds interesting! Thanks 😊
@tonyb9185
@tonyb9185 3 жыл бұрын
Hmm I start to wonder about the staff pensions?
@staninjapan07
@staninjapan07 3 жыл бұрын
And after 12 minutes I think I have heard as much as I am going to hear. It's been a fluff piece so far.
@tlk0216
@tlk0216 3 жыл бұрын
I have never seen so many stars
@philipaldrick5363
@philipaldrick5363 3 жыл бұрын
Well, I am ready to fly to Indonesia as soon as possible.
@osamehammadi9167
@osamehammadi9167 3 жыл бұрын
Qantas ❤🛩👍
@bradp4036
@bradp4036 3 жыл бұрын
People seem to think that Virgin and Qantas are equivalent operations, but they aren't. Virgin is a debt laden company that was always on the brink of collapse. For a government to take a stake in that company would be investing in a shit company, which isn't good for anyone. Let a healthy competitor come into the market and take some of Qantas' share. That could even be a government owned operation built on business fundamentals, not debt and uninterrupted cash flow
@mostwantedpakbusu
@mostwantedpakbusu 3 жыл бұрын
so... air planes grounded and runways empty . can we go electric longboarding the 3 km runways ?
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
They are probably being used as plane parking bays.
@valeriebudlender3911
@valeriebudlender3911 3 жыл бұрын
Very creative
@skylineXpert
@skylineXpert 3 жыл бұрын
The director of Amsterdam Schiphol said possibly in 22'
@jase4452
@jase4452 3 жыл бұрын
Good business? AJ: "We're burning through $40 million a week." Let's sell tickets at less than cost.
@christianrooks3424
@christianrooks3424 3 жыл бұрын
Alan Joyce hasn’t done that great for Qantas as previous CEO’s. Qantas has a pretty old fleet compared to most major airlines even virgin Australia has a younger fleet
@kenoliver8913
@kenoliver8913 3 жыл бұрын
That's true, but by luck it turned out he was right to delay getting new planes. A lot of Virgin's massive debt was because they'd just bought lots of new planes to lower their operating costs - they would have eaten Qantas for breakfast over the next few years if the industry had kept growing strongly. Instead covid came at the wrong time of the product replacement cycle for Virgin.
@jamesharris9816
@jamesharris9816 3 жыл бұрын
Virgin was getting squeezed from both sides. Qantas at the top end and Jetstar from the bottom. Virgin had a choice 10 years ago. Fight jetstar at the bottom (cost leader) or take on Qantas for the premium business. It was going to lose either way. They brought in JB as he knew the qantas business inside out. The Qantas group will always command 70% market share. No one has a chance is qantas has a captive market.
@10AntsTapDancing
@10AntsTapDancing 3 жыл бұрын
Why should the taxpayers give money to a private company to bail it out? That would open a huge Pandora's Box. Branson and Co have no shame.
@PurplePinkRed
@PurplePinkRed 3 жыл бұрын
My thoughts exactly. We should not be giving tax money to bail out private companies.
@sachinrv1
@sachinrv1 3 жыл бұрын
Every corporate should from now on keep aside certain portion of their cash flows (I mean cash profits) for unforeseen situations like this. Being practical is more important than being optimistic. Lesson learned hard way. It is "taking things for granted" approach that has compounded the financial problems across the world. The motto "First Save then Spend cautiously". If you don't do this, well, you will find yourself putting your hands wide and out. Like if you agree.
@DougHanchard
@DougHanchard 3 жыл бұрын
This video is a fairly accurate picture of what airlines all over the world are facing. The global industry will shrink by a trillion AUS dollars per year, for the next two or three years. And there will be at least 3 to 5 national carriers that will either declare bankruptcy and merge with a competitor or permanently close. Both Boeing and Airbus along with turbine manufacturers are already seeing large orders being cancelled or delivery delay request for up to 3 years. There is a record glut of used aircraft for sale that will take 5 years to eliminate at steeply discounted prices. In turn, this week impact global financial markets with 2 to 3 trillion dollars in deprecated loan values that will tighten credit markets. That means up to 6 trillion AUS dollars over the next 3 years in lost global liquidity. Qantas might feel it can get through this crisis. But do not be surprised if it goes into voluntary bankruptcy itself to eliminate billions in debt like U.S. airlines did in the early 1990s.
@ravia1988
@ravia1988 3 жыл бұрын
It’ll be very interesting to see what the Australian aviation industry will look like post Covid. It seems that Qantas has taken advantage of Virgin’s situation so that they can have a monopoly in the market. Hopefully Bain Capital doesn’t pull out from buying out Virgin otherwise I fear it’ll go down the same path as Ansett.
@happydays8171
@happydays8171 3 жыл бұрын
0.58 My dog wants to fly, what's your airline?
@johnkean6852
@johnkean6852 3 жыл бұрын
The answer: find out which airlines were functioning during the last 4 months: invest in *them* they will be the Survivors (the *Chosens* if you want a dystopian term along with *Essentials* - Nurses for example, and *Necessaries* - Police.)
@robertwalden-hall6759
@robertwalden-hall6759 3 жыл бұрын
Joyce doesn't come accross as a very nice person, appreciate he is doing what he must to ensure Qantas survives but a monopoly isn't good as we in the UK know with the possibility of only having BA which is not good.
@IadoreyouMaxxy
@IadoreyouMaxxy 3 жыл бұрын
He is a little weazel
@mstevens832
@mstevens832 3 жыл бұрын
Competition is good for the Consumer we are here +44 hoping for the best
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
@@IadoreyouMaxxy the biggest, little weasel I ever did see!
@alice5515
@alice5515 3 жыл бұрын
Ffs. Just bring it back to basics. We don’t need all the marketing and shit. Aussies go for the best price or in most cases, the brand that gets them to where they are actually flying
@thallanz231
@thallanz231 3 жыл бұрын
The marketing is there to tell aussies the best prices and brand though?
@AnthonyTolhurst-dw1nc
@AnthonyTolhurst-dw1nc 3 жыл бұрын
Look it up, stupid. Glossy advertising, paid for by YOU!
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
They have bought it back to basics. Stay home, no flights.
@1greenMitsi
@1greenMitsi 3 жыл бұрын
@@robbiehewitt5772 lol sure have
@denisegore1884
@denisegore1884 3 жыл бұрын
Some airlines failed after 911, including the Swiss flag carrier, which is just less than 20 years ago now. Was nothing learned that time? Surely current executives are old enough to remember that occasion. Going forward, airlines and other companies better be prepared. Travel and business can be interrupted by natural disasters, wars and worldwide economic calamities, let alone pandemics.
@Solisium-Channel
@Solisium-Channel 3 жыл бұрын
Privatize profits, socialize losses. Why do companies get welfare money?
@dewalt4594
@dewalt4594 3 жыл бұрын
I would like to know why blacks get it .
@seanoreilly1832
@seanoreilly1832 3 жыл бұрын
Virgin has the best service of any domestic carrier. Gonna miss them.
@bign1667
@bign1667 3 жыл бұрын
I prefer qantas for international flights but preferred virgin for domestic flights due to pricing and experience.
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
That won't be all you're going to miss! Life is changing dramatically.
@blairansellfraser
@blairansellfraser 3 жыл бұрын
Virgin have always been flying close to the wind financially. Instead of learning from the mistakes of the global financial crisis and SARs, they strayed from what was working and expanded with multiple aircraft types. Long term financial stability with slow growth is not always an attractive option to Board Members who will potentially retire before seeing their investment blossom.
@grittychops6755
@grittychops6755 3 жыл бұрын
Brisbane river looks so much better with 80% less ferries churning....🤘
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
Sharks might be able to see what they're actually biting, if ferries stay parked up!
@jesssummers9405
@jesssummers9405 3 жыл бұрын
Thought it was about travel in genral not just virgin
@nonyabiz1839
@nonyabiz1839 3 жыл бұрын
They're not really good with the titling on this one. 👀
@grzegorzjuchniewicz7158
@grzegorzjuchniewicz7158 3 жыл бұрын
Did Virgin paid taxes in Australia ? No, so no bailout ! Takeover payroll of employees living in Australia and instead of bailout paid for their education to move into different career path.
@pcmetro23ify
@pcmetro23ify 3 жыл бұрын
I would love to see a documentary on the past foreign owners of Virgin.
@wobblybobengland
@wobblybobengland 3 жыл бұрын
Branson?
@LarsDennert
@LarsDennert 3 жыл бұрын
I'm afraid I have little sympathy for airlines. They treated their customers horribly. Overbooking flights. Charging for luggage, food and every other thing. Making seats smaller and smaller so they are torturous. Making flights non changeable by customers but allowing themselves to reschedule and delay as they want without penalty. Endless scams on bundled booking with hotels and car rentals where the third party wont honor the price bookings and the airlines claim it's not their problem.
@jayjays3592
@jayjays3592 3 жыл бұрын
But you wanted cheap airfares so.....
@marka7903
@marka7903 3 жыл бұрын
You get what you pay for...if you're unhappy, go business class
@joshuasmith4833
@joshuasmith4833 3 жыл бұрын
What is with the shot of Joyce riding the escalator?
@gsreads
@gsreads 3 жыл бұрын
17:35 Nice watch... ;p
@FSXAviation
@FSXAviation 3 жыл бұрын
it will bounce back just needs time
@baileyhughes1047
@baileyhughes1047 3 жыл бұрын
With Virgin out, Australia will be out too, with a 50% loss in tourism; this effects hotel, car rental, tours, etc.
@robbiehewitt5772
@robbiehewitt5772 3 жыл бұрын
Arstralia needs that!
@jimgraham6722
@jimgraham6722 3 жыл бұрын
Domestic tourism can and should come back strongly. However, may not involve so much flying a lot of people will choose to drive.
@mauriciogrego1809
@mauriciogrego1809 3 жыл бұрын
Qantas ,Virgin ,jet Star are catalogue as a small airlines compare to real world airlines.
@jimgraham6722
@jimgraham6722 3 жыл бұрын
Air crews, air traffic controllers and maintenance staff rapidly losing currency. More senior people likely move to retirement reducing experience pool. Re-opening will require lots of training, try to rush it and you can expect lots of air safety incidents and even air accidents. To help sustain experience levels maybe we should contract airlines to run more civilian airfreight, provide aviation support for military (air refuelling, freight operations) and undertake aerial firefighting operations. I hear there area 400 737 Max going cheap, perhaps 20 or so could be purchased by Australian airlines and converted to aerial fire fighting tankers. The way things are going we will need them.
@JA-ui3gg
@JA-ui3gg 3 жыл бұрын
Is it really necessary for it to recover?
@vickidianacoghlan8946
@vickidianacoghlan8946 3 жыл бұрын
Gettem Rex!!!!
@jamiebeverley9705
@jamiebeverley9705 3 жыл бұрын
People won't be afraid to fly, and as good as Zoom or any other meeting platform is it won't replace face to face meetings,and further more Australia is a multi cultural society, many families have family members overseas, as do I and I'll be stuffed I'll want to keep using Zoom or FaceTime instead of traveling to the place of destination.
@denid1967
@denid1967 3 жыл бұрын
Usually all the multi million-dollar corporate business is announcing they profit almost every year as it goes to Qantas , They announced they profit in Millions of dollars, not to mention Billions in profit every year and yet they can get government assistant . you tell me how it works ! It is absolutely a puzzle for me personally and I'm sure it is for millions of Aussie families.
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