I booked a business trip yesterday for 1½ weeks from now. One thing that was odd about it was that the prices were not high at all. It was at very normal levels similarly if I had booked 2 months ago. Basically that means that the airlines desperately want at least SOME people to board their planes.
Sam - I manage key business markets for one of the big 3 US carriers and you just perfectly described my job and the challenges we face right now. I’m going to share this with my friends/family so they know what I do for work now.
@@stevenirby5576 prediction is so driven on covid trajectory that is is really hard to say anything beyond “it will be choppy”. I think we have seen over the past several months that covid is still around and the vaccines might not work as originally promised so a lot remains to be seen around the virus trajectory and people’s reaction to that ie we start to be more comfortable with asymptomatic or minimally symptomatic cases protected by the vaccine and it causes less panic than it does now
They do different type of videos. Simple flying cares more about briefly explaining current tendencies/facts etc. in aviation, while wendover prefer longer videos explaining very complicated topics
Unless your meeting is at or near the Memphis airport, you will likely be late to your 2:00 p.m. meeting if your flight is scheduled to arrive at 1:06 p.m. If my meeting was that important, I would fly out the day before. Also, departing Phoenix at 6:00 a.m. probably means getting to the airport by 4:00 which means waking up at some ungodly hour in the morning.
Everyone that travels often will have precheck, Clear, or some Priority loyalty class. I never show up more than 20 minutes before *boarding*, which usually means 55 minutes before the flight. When you have status you can just cut everyone else at security.
@Barry Obama if it’s your job, your company will pay the not very much money fee so they aren’t paying you for time you are in the security line. Even if you are salaried, they are paying for your displeasure and reduced productivity
@@henryzhang7873 I travel 100+ days a year and don't have any kind of precheck or clear. Literally makes no sense if you're paid hourly. I'd rather get paid 2.5 hours for the drive to the airport and time in security vs 1.5 for the drive and time in security
@@seansmith5955 You've highlighted exactly why companies will pay for it. Most corporate travelers I know are on salary, not hourly, so your incentives may vary. The one person I knew that was taking business trips as an hourly employee was promoted into a salaried position shortly after.
I flew recently and I was harassed constantly by the airline with emails about upgrading to business class. I assumed the flight was empty, but instead, business was quite empty and coach was PACKED.
Exactly the same story on the railway. I work for a train company in the UK. Although passenger numbers are getting back up, they are leisure travellers on cheap tickets. The commuters, the big money annual season ticket purchasers, are nowhere to be seen and revenue is still down because if that.
I am working in China rn. Just got off a flight. From a leisure backpacker to a business flyer, I see my consumption change drastically. From a 4mth advanced booking to a 4hr rushed purchase. From a leisurely stroll from food court to shops, to mad run from security to gate (a Starbucks quickie if possible). This hits hard, bro.
4:55 haha oh gosh. I used to work for southwest (corporate) so I had no choice but to only fly them for business. Because of what you describe there, it usually meant unfairly long work weeks when traveling. so frustrating lol unrelated: this is one of the most accurate and thorough yet concise explainers of airline business in general that I’ve ever seen. Nicely done thanks, I’m sharing this to our interns at other airline.
That sales rep from Phoenix would not spend 21 hours just sitting around, they'd go walking in Memphis, they'd be walking with their feet ten feet off of Beale. They'd go walking in Memphis, but would they really feel the way they feel?
I salute you sir but I have just one thing to ask you if you don't mind: "Tell me, are you a Christian child?" and hopefully you'll reply..."Ma'am I am tonight." :)
Hopefully, there is an update video planned in January or February because I really like the way that this information is presented, and clearly, you like reporting on it.
Completely agree. I spent more nights on the road in 2020 vs 2019. People couldn’t travel so I went to them. Empty planes and empty hotel rooms were great. Also, the plane cleaning was above average. Now it is back to 2019 standards.
I am convinced that he lives in Denver. As someone who has lived in Denver my whole life, I’ve never heard anyone remember that this city exists as much as this guy. He also showed stock footage of Denver’s departures area.
Even before the pandemic, businesses no longer paid blindly for travel. Unless you’re a billable employee, you’re expected to keep it cheap. One trip I took, I was required to fly using only frequent flyer miles gathered on the company credit card.
Ah, the old "stick your arms out the windows and flap" model. Just remember while you're snarfing down a peanut butter sandwich you brought onto the plane in coach, the execs are clinking champagne glasses with call girls.
The accountants want to keep it cheap. The managers want to just get the job done, sales made, production problem solved, etc. Time is money. The tension between those two is where the action is. The fact is the managers generally win because they are doing the mission of the company compared to the accountants.Managers are promoted not because they saved a nickel so much as they solved the problem. And, that's the opening the airlines exploit for profitability.
@@lagautmd If you piss off your top performers with shitty flights that means they don't get home at night to their families, they will quit. That's the thing about business travel: you are on the clock and it feels like you are working. People hate working more than they have to. Luckily accountants at my company realized that hiring people and retraining them costs way more than just paying full price for tickets and having flexibility. Flying out of a secondary airport, like Southwest usually does? I'm okay with that if I'm flying for fun, leaving 2 hours early, taking the train etc. For work? Forget it, I'm taking an Uber/Taxi and it might cost $30 more to even get to the other airport.
Meanwhile most of the companies my father has worked for require his flight to be at least 10h long (but irrespective of seniority) for him to be able to fly in business class e.g. SIN-IST (which on SIA at that time, which he flew, reportedly was using angled instead of fully-flat beds, even for such long-haul flights)
What facinated me today, two of me all time favorite youtubers have uploaded a video almost respectively. Johnny harris and then wendover production (Sam). Thank you so much for making my day a bit more special.
Another missing detail here: United has agreements with their largest customers. When I book (or used to book) travel, United was our preferred airline regardless of whether it was cheapest. At the end of the year the company gets some sort of volume reimbursement from United for bringing them the business. United clearly values these agreements, to the point that it even gives me a slight boost in the upgrade list, but we aren't flying anymore. The pandemic has been used as the excuse they needed to curtail travel, and we don't think it will ever really return to the way it was. Maybe that's for the best, I'll miss premier status though.
Very interesting video as always! However, I think you're missing part of the equation: Private jets. Netjets and it's parent, Executive Jet Management have paused all jet card sales due to soaring demand, and new clients are being put on waiting lists. Other companies, like XO or Vistajet, are recording record demand and increased sales on their private jet fleets. Have business travelers truly stopped flying, or have they just stopped flying publicly? Food for thought.
@@eugzo If you charter one and you have say, half a dozen or more employees to transport, the price might not be much different. Also, not all small charter jets are the lap of luxury, sure it's probably at least as good as business class on an airline but there are options at different price points. The big advantage of course is flexibility, a charter can be booked to fly pretty much anywhere in the world whenever the company needs it.
Wait, people found out that meetings are a giant waste of time, money, space and everything else? And now companies don't fly around people that could be working instead? Shocker.
@@LucasMarreiro they are not a waste of time when they are mission driven. you could use practices from requirements engineering for example. bs meetings are usually the ones where both parties are slowly showing more of their hands to get an edge. you cant do good business with bad people!
Strictly speaking, one thing that draws people to business class travel is the fact that it is possible to work while in the air. Business class seats universally have more than enough room and privacy for someone to pull out their laptop and work comfortably. This means that it is possible to maintain productivity in transit. Oh, and let's not forget the lounge amenities.
In the future maybe low managment will have less travel ... but middle and top? Never, no just because inperson negotations but also cause is a way to get away from the family and have agood time
Hi! Great video! Personal anecdote to add: my college is in a big city in a different state, so I’ve had to fly there and home with all my stuff for the semester. Southwest has roughly the same fare as every other airline, yet they provide 2 checked bags for free, while most other airlines charge somewhere around $40-60 per bag, so I save $100 by using SW. however, when I fly home for winter break, I won’t need to take much with me, so I won’t take SW because it doesn’t fly to as many destinations or as many routes and the open seat policy makes boarding slower and more prone to delays.
3rd quarter revenue for 2022 United beat Southwest and Delta for the first time. United is dramatically changing their plan to leisure travel orientated with the guide of new CEO scott kirby. With zoom calls / skype being used to replace business travel, i will expect all major airlines (UAL, DAL, AA) to keep on going towards that route as well to survive.
Its because of the personal touch. The moment a company loses a big contract because their competitor travelled and built rapport with the client, business travel will return. As for travel for intra-company stuff, I'm not too sure.
That’s been only nice thing about COVID, everyone had to figure out Zoom. Before that, setting up a video conference with multiple people was a huge gamble because invariably someone’s camera or mic wouldn’t work, they or their admin person couldn’t log on to the conferencing software, etc. If it was an important meeting that had to happen, people would insist you travel and do it in person. I’m so glad to not have to worry about wasteful and time consuming travel for meetings.
Now do one about how businesses pay way more for internet than home users do - service level agreements are different, but also business can afford it. And they “subsidize” the cost of service for home users. Businesses also usually pay thousands for service installation if the line doesn’t exist - homeowners will usually get access for free.
Another plane video. I was getting worried not seeing a plane video in a while over here. I want the kind of love on obsession is demonstrated in this series on planes. In Wendover we trust!
I have a skill that I have developed over a long period of time watching TH-cam videos. That skill is stopping or skipping the part of the video about ads.
I just got back from a long weekend in Dublin, Dublin airport was packed with people at 5am yesterday, I was shocked at how busy it was at that time of day but it also shows that things are rapidly improving.
the company (energy company) i work for has changed our travel plans drastically, sold company plane, and only flights that are 100% needed. like ceo other execs traveling between offices seem to be the only thing we approve now. all standard employees just do team meeting if you need to talk with anyone from different office region. were doing it saving huge cost and also were trying to cut down all c02 we generate.
Notice how it's possible for the employees to get the business done without travel, but the C-levels are just too important and still need to fly. Bull. Shit.
Your efficiency is dropping even if you don't see it. People need to be face to face, the business deal doesn't get done at the conference table it gets done at the bar or the golf course after work. Trying to push everything remote is trying to negate the basic premise for how humans interact and negotiate. Even if it's just talking to a coworker, you don't build those connections over a zoom call.
@@otm646 That reveals an inherent lack of professionalism in the field. "Oh I can't possibly do my work without doing it while relaxing in a bar or golf course." Hear that coming from any blue collar or IT worker and its ridiculousness is obvious. Business people need to grow up and just get the work done.
Would love a second channel where you provide a follow up on videos like this. What came to fruition, why, why not, how was it handled? "Wendover Return Leg"
So much truth in this video. Most of my flying is for business and internationally. I'll typically do at least 12 trips a year on United. I haven't been anywhere since Dec 2019 and it doesn't look like our travel will start again until 2022.
12:55 "the US, Europe and UK..." The UK is still in Europe. It only left the EU. We think they might want to become their own continent, but for now they are still in Europe.
3:04 As a New Yorker, I’m pretty sure that’s not midtown Manhattan, also, it’s a residential street, which are almost always relatively quiet, and the lack of leaves on the trees shows that it’s not summer
frequent flyer here. business travellers don't give a shit about arriving early back. there's no way you will work that day. doesn't work that way. now I've a company. I always use low cost. no point paying 100 times more for a flight. it's just stupid.
Most airlines use fuel hedging to attempt to limit themselves from rising oil prices. Depending on the strategy this is still a gamble and could be good or bad for airlines. I believe it provides them a more stable platform for ticket pricing on future tickets purchased months in advance.
@@jbranche8024 Good point. I would say all of them hedge, BUT, they didn't hedge through out 2021, much less 2022. Prior to the "negative oil price" day, they were hedged at $70 a barrel and they got burned. Today most are in the spot market or hedging at $700 per ton.
I'm a massive aviation fan, but even I can say that this outcome of video conference meetings being the perfectly acceptable norm and the airlines sufferring as a result, is actually a good thing. Less people travelling on planes for business represents a good thing, it means ultimately that less planes need to fly and therefore less fuel consumed. While it saddens me persoanlly to see the dealth of any airline, or older less effecient planes being phased out of service - the reality is, without being selfish and thinking for the greater good, less fuel and everything associated is a better outcome. Now, obviously people depend on these airlines for jobs and to put money on the table, but the sad reality is, people lose their airline job and they end up working elsewhere filling in another requirement in society, maybe these people never like their new jobs as much as they did their old job, but this is the reason I work doing something I don't enjoy... because it's work... not fun.
Great video, as usual. Before covid I was at the airport every other week. I haven't been on an airplane since Feb 2020. I miss it - and I don't - all at the same time.
Cisco has been optionally remote since 2011 (ish). I worked there and was never assigned an office. When our team would meet in person, we'd pick a Cisco location and grab a meeting room. Every office I've ever visited has been a ghost town.
Previously business-oriented airlines are gonna have to start charging regular customers more, which will send more customers to airlines like southwest
What a great video, as usual. I often thought about how perhaps zoom could replace most meetings, but honnestly its an illusion. There is nothing like a face to face meeting and nothing will ever replace it. In a few years time it will be business travel as usual and I think we would have understood that nothing can replace face to face meetings.
But it does give companies the choice of whether to have their meetings online or face to face. Nevertheless it’ll be exciting to see the directive of which companies will be basing their decisions on in the future
Great work! While it’s on the money, there is another factor that hasn’t been addressed. The air charter industry especially in recent times have been doing a lot of marketing on safety. That’s where a lot of the business travel will be done in the future, and airlines won’t be able to get that market back.
we should scale down planes on favor of high speed trains anyway and "business travel" is money wasted 90% of business travel can be done with video calls
Gonna repeat whats been the case for years now. "Easier said than done" Talking about damn near uprooting current infrastructure completely in some countries to make a proper, effective high speed rail. And waisted or not, some of us like being able to travel and see a bit more than our 2 square inches of thw world. Even if we can't always go on a full expedition of our our volition 🥴
I don't see a reason why business travel would ever return to the level where it was before. Truth be told, I am from an Eastern European country and I know very few people who have the money or would ever pay for a business class seat. It always seemed like a waste of money to me, no matter you are a businessman or a tourist.
Can confirm, on my last 11 flights/connections, business/first class was empty every time. People don't pay for first class out of their own pocket, they pay for it out of the companies.
We weren't allowed to travel, so businesses made it so that their people don't have to. Now that we're allowed to travel again, business now don't need to. I don't think that business flights will ever fully come back the way they were.
I think it will. Business travel isn't just a transactional thing, it's about building relationships, and you just can't do that through Zoom as well as you can in person. Who are you more likely to give the contract, the company that's willing to actually send someone out to meet with you or the one that just sends you a Zoom link?
@@theinspector5 Yeah, that's fair. Still, though, that'll be travelling transforming into going the extra mile (literally) rather than the bare minimum. I still don't think it'll go back up to what it was.
Very good video. You forget to mention a very important factor - the government City Pair Program (CPP), which has pre-agreed on (low) prices for the significant number of government travelers on US carriers. YCA and _CA fares. It would be interesting for you to re-address this with that factored in.
I just flew from Frankfurt to San Francisco in Business with a $500 upgrade. At the gate, they were still offering upgrade to business. Travel now is more awful than normally but cheap business upgrades are the silver lightning
Two models going on here. The work from home climate change ( save Co2) business model. possibly communist ideology. ... Back to the office consumer led, capitalist ideology. .. It seems, this pandemic is being used to wean people off the latter to the former, via behavioral changes.
I love this kind of channel. Explaining well with facts, details and sources problems that companies face today and how they (could) react. Would my fellow other viewers recommend me other channels of this kind?
cant believe he finds so many airline-related topics 😭 at this point I'm pretty sure he'll never run out
The crying emoji makes this comment
Random but Disaster Breakdown has some great airline content (granted its about all the cases wherein things haven't gone to plan)
Classic Wendover: A video about planes.
Ikr classic
@@DyslexicMitochondria hey bro I watch your videos. Love your channel
The best ones
Now we need a brick video…
Anything else is just Half as Interesting..
an airline-related video?
*grabs popcorn*
Not surprised to see you here you did say once you like planes
lol
lol me too bud me too
IKR!
welcome to the fine side of TH-cam, Mr. Edinger.
Wendover is secretly sabotaging all airlines to make his own WendovAir empire.
Holy cow, so many likes
There was some grammatical mistakes, hence I edited it.
Holy cow, so many likes
Holy cow, so many likes
Holy cow, so many likes
I booked a business trip yesterday for 1½ weeks from now. One thing that was odd about it was that the prices were not high at all. It was at very normal levels similarly if I had booked 2 months ago. Basically that means that the airlines desperately want at least SOME people to board their planes.
its not covid its inflation.
@@sarabutler8693 that’s the opposite of inflation
lmao
@@sarabutler8693 do you even know what inflation is
@@bangbangliu2146 clearly they mean that the currency is airline flights, the airlines are buying everything in the economy by printing flights... /s
Sam - I manage key business markets for one of the big 3 US carriers and you just perfectly described my job and the challenges we face right now. I’m going to share this with my friends/family so they know what I do for work now.
Why are business travelers not sensitive to price?
Chris I work at MSP. Does ATL have any Revenue Management positions opening up soon?
@@chrisjoondeph4781 Thank you for your service. You're an American hero! Godspeed, good Sir! 🌈
What do you predict will happen in the coming year?
@@stevenirby5576 prediction is so driven on covid trajectory that is is really hard to say anything beyond “it will be choppy”. I think we have seen over the past several months that covid is still around and the vaccines might not work as originally promised so a lot remains to be seen around the virus trajectory and people’s reaction to that ie we start to be more comfortable with asymptomatic or minimally symptomatic cases protected by the vaccine and it causes less panic than it does now
That cut from Microsoft to All Gates didn’t go unnoticed here 😉
timestamp?
@@dkaloger5720 03:33
I NOTICED THAT BUT THOUGHT I WAS CRAZY THANK YOU FOR LETTING US KNOW IM NOT CRAZY
I think it was just a coincidence
Just the other day I was thinking, for a change, maybe Wendover should do a video about the aviation industry.
You mean on a day that ends in Y?
loool this is funny even though i still like his vids
Yeah, it's great to see him change things up a while. I never realized he knew so much about financial logistics.
@oh no ok osama
If I ever start an airline, I'm hiring Wendover to make the decisions lol
I mean, it's easy to be an Armchair CEO or General....it's very different when the actual decisions need to be made.
@@dunnowy123 The joke flew past your old mind, eh chap?
@@TheScholar1 there's nothing wrong with pondering a joke as if it was a valid statement, it simply just sparks a discussion
@@coleschaefer6016 I'm loving this thought provoking debate. God it took me ages to find your reply among the sea of discussions!
@@TheScholar1 haha, chilllll lad
That Phoenix to Bozeman flight is exactly what my dad has been doing for his job for the past few months.
As a pilot?
@@spidermain No. Just as a buisness traveler.
I miss that view from Bozeman airport
Doesn’t Phoenix have a direct daily flight to Bozeman on American?
@@kylefopma4108 Yeah they do.
It's incredible how Wendover does better airline videos than, say, a dedicated air travel channel like Simply Flying
Simple Flying be like:
My disappointment is immeasurable and my day is ruined.
They do different type of videos. Simple flying cares more about briefly explaining current tendencies/facts etc. in aviation, while wendover prefer longer videos explaining very complicated topics
@@wangzhao2197 so the subject matter expert can only do simple while the interloper will do the heavy lifting. ok.
It is a bit surprising that a channel about bricks makes such good airline videos.
This is basically the old video "How airlines price flights"... but when everything went wrong.
Unless your meeting is at or near the Memphis airport, you will likely be late to your 2:00 p.m. meeting if your flight is scheduled to arrive at 1:06 p.m. If my meeting was that important, I would fly out the day before. Also, departing Phoenix at 6:00 a.m. probably means getting to the airport by 4:00 which means waking up at some ungodly hour in the morning.
Tried similar timings before, almost died in meeting during the afternoon
Everyone that travels often will have precheck, Clear, or some Priority loyalty class. I never show up more than 20 minutes before *boarding*, which usually means 55 minutes before the flight. When you have status you can just cut everyone else at security.
@Barry Obama if it’s your job, your company will pay the not very much money fee so they aren’t paying you for time you are in the security line. Even if you are salaried, they are paying for your displeasure and reduced productivity
@@henryzhang7873 I travel 100+ days a year and don't have any kind of precheck or clear. Literally makes no sense if you're paid hourly. I'd rather get paid 2.5 hours for the drive to the airport and time in security vs 1.5 for the drive and time in security
@@seansmith5955 You've highlighted exactly why companies will pay for it. Most corporate travelers I know are on salary, not hourly, so your incentives may vary. The one person I knew that was taking business trips as an hourly employee was promoted into a salaried position shortly after.
I flew recently and I was harassed constantly by the airline with emails about upgrading to business class. I assumed the flight was empty, but instead, business was quite empty and coach was PACKED.
It's always funny to me how I've never been to LAX and yet can perfectly recognize it in stock footage because I have played GTA.
I always recognize it because of C&C Red Alert 2: Yuri's Revenge
I have been to LAX hopefully I'll never have to go again !
Ooo that is a little scary.
A portent of things to come?
Augmented reality.....🤔
@@-DC- Compare 1930s Nazi Germany Vs 2020s Communist Chinazi IN YOUR NEXT VIDEO Project.
I wonder when he's gonna do a logistics video on Overwatch League.
Exactly the same story on the railway. I work for a train company in the UK. Although passenger numbers are getting back up, they are leisure travellers on cheap tickets. The commuters, the big money annual season ticket purchasers, are nowhere to be seen and revenue is still down because if that.
Having a 5% fare increase looming looks likely to continue that way....
At 1:40, you have 77% of people in white and 23% in red, even though the number says 67% (and subsequently 33% should be red)
Should just rename the channel: Wendover Air Productions
Wendovair productions
@@LUISOOPS1 Wendover Airlines
I am working in China rn. Just got off a flight. From a leisure backpacker to a business flyer, I see my consumption change drastically. From a 4mth advanced booking to a 4hr rushed purchase. From a leisurely stroll from food court to shops, to mad run from security to gate (a Starbucks quickie if possible). This hits hard, bro.
Delta/American/United: Help we’re failing because of the lack of business travelers
SouthWest: Sorry, I forgot the part where that is my problem
United: Budget airlines can't compete against us
Frontier/Spirit/Southwest: Are you sure about that.
4:55 haha oh gosh. I used to work for southwest (corporate) so I had no choice but to only fly them for business.
Because of what you describe there, it usually meant unfairly long work weeks when traveling. so frustrating lol
unrelated: this is one of the most accurate and thorough yet concise explainers of airline business in general that I’ve ever seen. Nicely done thanks, I’m sharing this to our interns at other airline.
If it's doable in zoom and meet don't travel
@@andyc9902 this was many years ago before teleconferencing was at the level it is these days.
I know it's a Wendover video when the video
ENDS
LIKE
THIS.
*Therefore*
Thoreau
Hopefully you know it’s a wendover video before the end lol
Undergirds
That sales rep from Phoenix would not spend 21 hours just sitting around, they'd go walking in Memphis, they'd be walking with their feet ten feet off of Beale. They'd go walking in Memphis, but would they really feel the way they feel?
And see the ghost of Elvis, on Union Avenue, maybe follow him up to the gates of Grace land, and watch him walk right through...
Nicely done!
I salute you sir but I have just one thing to ask you if you don't mind: "Tell me, are you a Christian child?" and hopefully you'll reply..."Ma'am I am tonight." :)
@@michaelfried3123 every bit as much as Marc Cohn was :D
@@jesseberg3271 same here man. but with so many classic lines from that song I just couldn't help myself or resist asking... :)
Hopefully, there is an update video planned in January or February because I really like the way that this information is presented, and clearly, you like reporting on it.
You mean the way this information is presented in the media? Or do you have a problem with this video?
Gotta say: I loved 2020. Empty planes, lot of space, no queues… so nice.
Is almost as if for air travel to function properly it has to be an absolute garbage experience.
Completely agree. I spent more nights on the road in 2020 vs 2019. People couldn’t travel so I went to them. Empty planes and empty hotel rooms were great. Also, the plane cleaning was above average. Now it is back to 2019 standards.
@@brunolondinese5857 The sad truth is that economy class is not meant to make profit, it's meant to fill the planes up.
@@Dracogame budget airlines disagree
I am convinced that he lives in Denver. As someone who has lived in Denver my whole life, I’ve never heard anyone remember that this city exists as much as this guy. He also showed stock footage of Denver’s departures area.
IIRC he lives in Edinburgh.
I mean it's the largest airport in the US. You think the plane guy isn't gonna remember that?
Even before the pandemic, businesses no longer paid blindly for travel. Unless you’re a billable employee, you’re expected to keep it cheap. One trip I took, I was required to fly using only frequent flyer miles gathered on the company credit card.
Ah, the old "stick your arms out the windows and flap" model. Just remember while you're snarfing down a peanut butter sandwich you brought onto the plane in coach, the execs are clinking champagne glasses with call girls.
The accountants want to keep it cheap. The managers want to just get the job done, sales made, production problem solved, etc. Time is money. The tension between those two is where the action is. The fact is the managers generally win because they are doing the mission of the company compared to the accountants.Managers are promoted not because they saved a nickel so much as they solved the problem. And, that's the opening the airlines exploit for profitability.
@@lagautmd If you piss off your top performers with shitty flights that means they don't get home at night to their families, they will quit. That's the thing about business travel: you are on the clock and it feels like you are working. People hate working more than they have to. Luckily accountants at my company realized that hiring people and retraining them costs way more than just paying full price for tickets and having flexibility.
Flying out of a secondary airport, like Southwest usually does? I'm okay with that if I'm flying for fun, leaving 2 hours early, taking the train etc. For work? Forget it, I'm taking an Uber/Taxi and it might cost $30 more to even get to the other airport.
@@lagautmd Compare 1930s Nazi Germany Vs 2020s Communist Chinazi IN YOUR NEXT VIDEO Project.
Meanwhile most of the companies my father has worked for require his flight to be at least 10h long (but irrespective of seniority) for him to be able to fly in business class e.g. SIN-IST (which on SIA at that time, which he flew, reportedly was using angled instead of fully-flat beds, even for such long-haul flights)
Decide while others are delaying
Begin while others are procrastinating ❤️✨
God got the best plan for our financial growth and freedom It will take time for things to return to normal, people's jobs were really lost
@@brightonrichards4571 God is really intervening on this present issue of unemployment and various jobs lost. I make cool money from Bitcoin trades
@@shitusinna2820 I've heard different news about Bitcoin and how tricky it is but people still say it's safe
@@brightonrichards4571 Bitcoin and forex trading is 100% safe with an expert to avoid losses and risk
People venture into Bitcoin wrongly and that's why they always complain of losses
What facinated me today, two of me all time favorite youtubers have uploaded a video almost respectively.
Johnny harris and then wendover production (Sam).
Thank you so much for making my day a bit more special.
You know it’s a good day when Wendover makes an airline video ^w^
Another missing detail here: United has agreements with their largest customers. When I book (or used to book) travel, United was our preferred airline regardless of whether it was cheapest. At the end of the year the company gets some sort of volume reimbursement from United for bringing them the business. United clearly values these agreements, to the point that it even gives me a slight boost in the upgrade list, but we aren't flying anymore. The pandemic has been used as the excuse they needed to curtail travel, and we don't think it will ever really return to the way it was. Maybe that's for the best, I'll miss premier status though.
I've never heard so much relief between the lines, when I heard Wendover saying "Air travel is back"
Very interesting video as always! However, I think you're missing part of the equation: Private jets. Netjets and it's parent, Executive Jet Management have paused all jet card sales due to soaring demand, and new clients are being put on waiting lists. Other companies, like XO or Vistajet, are recording record demand and increased sales on their private jet fleets. Have business travelers truly stopped flying, or have they just stopped flying publicly? Food for thought.
Not a whole lot of businesses can afford private jets, IMO
Now you ruined the surprise of his next video! 😁
@@eugzo If you charter one and you have say, half a dozen or more employees to transport, the price might not be much different. Also, not all small charter jets are the lap of luxury, sure it's probably at least as good as business class on an airline but there are options at different price points. The big advantage of course is flexibility, a charter can be booked to fly pretty much anywhere in the world whenever the company needs it.
I was thinking this actually....
Another quality airline video from Layover Productions
Wait, people found out that meetings are a giant waste of time, money, space and everything else?
And now companies don't fly around people that could be working instead?
Shocker.
nah they just found out that they could have the same waste of time but online. cheaper
@@LucasMarreiro they are not a waste of time when they are mission driven.
you could use practices from requirements engineering for example.
bs meetings are usually the ones where both parties are slowly showing more of their hands to get an edge.
you cant do good business with bad people!
Strictly speaking, one thing that draws people to business class travel is the fact that it is possible to work while in the air. Business class seats universally have more than enough room and privacy for someone to pull out their laptop and work comfortably. This means that it is possible to maintain productivity in transit.
Oh, and let's not forget the lounge amenities.
@@chanachon56 good point altough they might be less productive, i couldnt realy work with one screen for example, but do some research atleast
In the future maybe low managment will have less travel ... but middle and top? Never, no just because inperson negotations but also cause is a way to get away from the family and have agood time
Hi! Great video! Personal anecdote to add: my college is in a big city in a different state, so I’ve had to fly there and home with all my stuff for the semester. Southwest has roughly the same fare as every other airline, yet they provide 2 checked bags for free, while most other airlines charge somewhere around $40-60 per bag, so I save $100 by using SW. however, when I fly home for winter break, I won’t need to take much with me, so I won’t take SW because it doesn’t fly to as many destinations or as many routes and the open seat policy makes boarding slower and more prone to delays.
3rd quarter revenue for 2022 United beat Southwest and Delta for the first time. United is dramatically changing their plan to leisure travel orientated with the guide of new CEO scott kirby. With zoom calls / skype being used to replace business travel, i will expect all major airlines (UAL, DAL, AA) to keep on going towards that route as well to survive.
Two years in the future, time to redo this one
Here after you appeared on Tom Scott's video.
I don't think travelling for a single meeting will ever return.
I'm kind of baffled that was ever a thing.
I was first exposed to video conferencing around 1990. I've always been amazed that it took till COVID for businesses to wake up to it.
Its because of the personal touch. The moment a company loses a big contract because their competitor travelled and built rapport with the client, business travel will return. As for travel for intra-company stuff, I'm not too sure.
@@archibaldhernandez5553 a business that operates on personal touches is a bad business.
tat's literal nepotism
@@alexmikhylov But it sure works great.
That’s been only nice thing about COVID, everyone had to figure out Zoom. Before that, setting up a video conference with multiple people was a huge gamble because invariably someone’s camera or mic wouldn’t work, they or their admin person couldn’t log on to the conferencing software, etc. If it was an important meeting that had to happen, people would insist you travel and do it in person. I’m so glad to not have to worry about wasteful and time consuming travel for meetings.
Now do one about how businesses pay way more for internet than home users do - service level agreements are different, but also business can afford it. And they “subsidize” the cost of service for home users. Businesses also usually pay thousands for service installation if the line doesn’t exist - homeowners will usually get access for free.
Another plane video. I was getting worried not seeing a plane video in a while over here. I want the kind of love on obsession is demonstrated in this series on planes.
In Wendover we trust!
I have a skill that I have developed over a long period of time watching TH-cam videos. That skill is stopping or skipping the part of the video about ads.
Shhhhh, don’t say that out loud. They actually have the ability to prevent you from doing that if the author is so inclined…
Or you get sponsorblock
I just got back from a long weekend in Dublin, Dublin airport was packed with people at 5am yesterday, I was shocked at how busy it was at that time of day but it also shows that things are rapidly improving.
I’m doing my part! Been booking last minute flights for work the last two weeks! (And probably for the next few more weeks)
boooo
the company (energy company) i work for has changed our travel plans drastically, sold company plane, and only flights that are 100% needed. like ceo other execs traveling between offices seem to be the only thing we approve now. all standard employees just do team meeting if you need to talk with anyone from different office region. were doing it saving huge cost and also were trying to cut down all c02 we generate.
Notice how it's possible for the employees to get the business done without travel, but the C-levels are just too important and still need to fly. Bull. Shit.
Your efficiency is dropping even if you don't see it.
People need to be face to face, the business deal doesn't get done at the conference table it gets done at the bar or the golf course after work.
Trying to push everything remote is trying to negate the basic premise for how humans interact and negotiate. Even if it's just talking to a coworker, you don't build those connections over a zoom call.
@@otm646 That reveals an inherent lack of professionalism in the field. "Oh I can't possibly do my work without doing it while relaxing in a bar or golf course." Hear that coming from any blue collar or IT worker and its ridiculousness is obvious. Business people need to grow up and just get the work done.
I mean, August has felt long, but I never knew there were more than 18 weeks of it!
I was and still am confused about that!
Yup 11:30 should say days instead of weeks
Lol, I didn't even notice that 😆
Would love a second channel where you provide a follow up on videos like this. What came to fruition, why, why not, how was it handled? "Wendover Return Leg"
Name a better duo than wendover productions and airplanes.
YOU CANT
HAI and not being Wendover (or bricks)
RLL and Toyota Corolla
Hotel and Trivago
Mustard and airplanes...
For Ryanair, EasyJet and Southwest, this is basically a dream come true
TBH I'd rather fly Southwest than sit around Memphis for 21 hours.
fancy seeing you here lol
I think the whole point is that if you fly southwest, you will have to sit around for 21h in Memphis.
So much truth in this video. Most of my flying is for business and internationally. I'll typically do at least 12 trips a year on United. I haven't been anywhere since Dec 2019 and it doesn't look like our travel will start again until 2022.
What did the basketball player say when he found out how expensive business class plane tickets are?
Put me in coach!
get out
Ouch.
Bruh
I don’t get it
Explain the joke or ill call the police
What a wonderful choice of background music. It really amps the production value, keep it up!
American Airlines: Once again I am asking for your stimulus.
Also American: Give me the money or I start firing workers!
WENDOVER JUST DROPPED BABY
12:55 "the US, Europe and UK..."
The UK is still in Europe. It only left the EU. We think they might want to become their own continent, but for now they are still in Europe.
3:04 As a New Yorker, I’m pretty sure that’s not midtown Manhattan, also, it’s a residential street, which are almost always relatively quiet, and the lack of leaves on the trees shows that it’s not summer
We just flew to JFK, and the business class was EMPTY. Not a single person was there…
Did they upgrade people and sell more economy seats?
I'll gladly fly business in place of one of those missing worker drones.
Southwest: Never agian!
frequent flyer here. business travellers don't give a shit about arriving early back. there's no way you will work that day. doesn't work that way.
now I've a company. I always use low cost. no point paying 100 times more for a flight. it's just stupid.
At 11 minutes 30 seconds: "Last 18 weeks of July vs 1st 18 Weeks of August".
Yep saw it too and looked in the comments who already had pointed it out
Hands down one of the best informative channels on YT!
Wendover is the most happy person as air travel is back on track which means he can make a ton of Airplane videos.
Honestly these videos are interesting, but it will never stop being strange to me that youre passionate about airline logistics
One more caveat Mr Wendover. There is no more cheap jet Fuel to send those AMS below the $0.20 mark
Most airlines use fuel hedging to attempt to limit themselves from rising oil prices. Depending on the strategy this is still a gamble and could be good or bad for airlines. I believe it provides them a more stable platform for ticket pricing on future tickets purchased months in advance.
@@jbranche8024 Good point. I would say all of them hedge, BUT, they didn't hedge through out 2021, much less 2022. Prior to the "negative oil price" day, they were hedged at $70 a barrel and they got burned. Today most are in the spot market or hedging at $700 per ton.
The amount of detail and work this video must have taken is insane. Great job!
Faced with the prospect of waiting around in Memphis: So Memphis is THAT bad that there isn't even anything interesting for a day? haha
I'm a massive aviation fan, but even I can say that this outcome of video conference meetings being the perfectly acceptable norm and the airlines sufferring as a result, is actually a good thing. Less people travelling on planes for business represents a good thing, it means ultimately that less planes need to fly and therefore less fuel consumed.
While it saddens me persoanlly to see the dealth of any airline, or older less effecient planes being phased out of service - the reality is, without being selfish and thinking for the greater good, less fuel and everything associated is a better outcome. Now, obviously people depend on these airlines for jobs and to put money on the table, but the sad reality is, people lose their airline job and they end up working elsewhere filling in another requirement in society, maybe these people never like their new jobs as much as they did their old job, but this is the reason I work doing something I don't enjoy... because it's work... not fun.
You knew it was only a matter of time until Sam had to an airline video. The TH-cam algorithm was demanding it.
His phone rings, and an autotuned voice says "We are going to have a talk about your videos"
Hey, it's that voice from Tom Scott's video.
Great video, as usual. Before covid I was at the airport every other week. I haven't been on an airplane since Feb 2020. I miss it - and I don't - all at the same time.
Cisco has been optionally remote since 2011 (ish). I worked there and was never assigned an office. When our team would meet in person, we'd pick a Cisco location and grab a meeting room. Every office I've ever visited has been a ghost town.
Previously business-oriented airlines are gonna have to start charging regular customers more, which will send more customers to airlines like southwest
Airplanes ? Aviation? Wendover - on a Trivago ad voice
All the classics :)
What a great video, as usual.
I often thought about how perhaps zoom could replace most meetings, but honnestly its an illusion. There is nothing like a face to face meeting and nothing will ever replace it. In a few years time it will be business travel as usual and I think we would have understood that nothing can replace face to face meetings.
But it does give companies the choice of whether to have their meetings online or face to face. Nevertheless it’ll be exciting to see the directive of which companies will be basing their decisions on in the future
I highly doubt that
Great work! While it’s on the money, there is another factor that hasn’t been addressed. The air charter industry especially in recent times have been doing a lot of marketing on safety. That’s where a lot of the business travel will be done in the future, and airlines won’t be able to get that market back.
we should scale down planes on favor of high speed trains anyway
and "business travel" is money wasted
90% of business travel can be done with video calls
Gonna repeat whats been the case for years now.
"Easier said than done"
Talking about damn near uprooting current infrastructure completely in some countries to make a proper, effective high speed rail.
And waisted or not, some of us like being able to travel and see a bit more than our 2 square inches of thw world. Even if we can't always go on a full expedition of our our volition 🥴
Económics plus aviation equals my favorite Chanel ❤️
I don't see a reason why business travel would ever return to the level where it was before. Truth be told, I am from an Eastern European country and I know very few people who have the money or would ever pay for a business class seat. It always seemed like a waste of money to me, no matter you are a businessman or a tourist.
Man I hope Wendover (Sam) never stops making Aviation related videos....or else we riot!
Wendover and planes>>Twilight
Can confirm, on my last 11 flights/connections, business/first class was empty every time. People don't pay for first class out of their own pocket, they pay for it out of the companies.
@1:39 just so you know, you said 67% at this point, but your graphic shows 77% (77 white figures and 23 red figures)
Loved the shot of Cleveland Hopkins International Airport thrown in there!!!
We weren't allowed to travel, so businesses made it so that their people don't have to.
Now that we're allowed to travel again, business now don't need to.
I don't think that business flights will ever fully come back the way they were.
I think it will. Business travel isn't just a transactional thing, it's about building relationships, and you just can't do that through Zoom as well as you can in person.
Who are you more likely to give the contract, the company that's willing to actually send someone out to meet with you or the one that just sends you a Zoom link?
@@theinspector5 Yeah, that's fair.
Still, though, that'll be travelling transforming into going the extra mile (literally) rather than the bare minimum.
I still don't think it'll go back up to what it was.
You can hear the happiness in his voice, Planes are back!
the idea of people flying across the country for a single meeting is an example of why we seriously need to scale back, as a culture
It was just a reference. It's not typically true.
This is a really good video! Not clickbait, I’m learning, and I’m actually enjoying the watching session
The gym near me has finally reopened, Wendover dropped a plane video, life is back to normal
Very good video. You forget to mention a very important factor - the government City Pair Program (CPP), which has pre-agreed on (low) prices for the significant number of government travelers on US carriers. YCA and _CA fares. It would be interesting for you to re-address this with that factored in.
I already miss luxurious international travel on points. The points here are very valid, and UA turning into Spirit makes me throw up a little.
I just flew from Frankfurt to San Francisco in Business with a $500 upgrade. At the gate, they were still offering upgrade to business. Travel now is more awful than normally but cheap business upgrades are the silver lightning
Tell that to the bosses who are forcing employees to go into the office when the position can be perfectly WFH.
Two models going on here.
The work from home climate change ( save Co2) business model.
possibly communist ideology.
...
Back to the office consumer led, capitalist ideology.
..
It seems, this pandemic is being used to wean people off the latter to the former, via behavioral changes.
4 videos between airplane video?
My my Wendover, you're becoming bolder.
Another plane vid.....this dude must be nuts with planes😂
PlaneNutz™ were a brief fad in the late 90s but were dropped because they caused too many aerodynamic problems.
It doesn’t get much more Wendover than this
Who's here after watching Tom Scott's video?
I love this kind of channel. Explaining well with facts, details and sources problems that companies face today and how they (could) react. Would my fellow other viewers recommend me other channels of this kind?
Polymatter is pretty good imho
Tourist will end up paying more as the trend of cheaper early ticket buying becomes impossible.
I know July and August are long months, but the chart at 11:30 reports the "last(first) 18 WEEKS of July(August)"...